El Diario

6.5% more agri-food exports

Agri-food exports surpassed the US$23.66 billion record from January through October 2016, equivalent to a 6.5% annual rate increase, informed the Ministry of Agriculture, Livestock, Rural Development, Fisheries and Food (SAGARPA).

Cadimex invests in Juarez City

Jorge Pedrozo Escobedo, General Manager for Cadimex, a subsidiary of MGI Coutier, said that there will be a 50,000 square feet expansion to their plant's surface next year, to accommodate new equipment which shall be of use to assemble automotive hoses that are currently produced in Michigan.

Canadian firm will invest US$200 million in Chihuahua

Canadian mining corporation Endeavour Silver announced the closing of a deal to buy a mine with silver contents, in Hidalgo del Parral, Chihuahua, property of Silver Standard Resources Inc, with a US$2 million investment for exploration within the next two years.

Copyright © Maquila Portal All rights reserved 2016 Mexico Manufacturing Industry Information Center

Any questions or comments? Reach us at 1-877-864-8528 from the U.S. 01-800-170-1010 from Mexico information@maquilaportal.com