Articles Tagged with ''Mexico manufacturing''

SALTILLO, Mexico—Chrysler is spending nearly $1.25 billion in two assembly plants here. The investment is expected to create 1,570 jobs.

SALAMANCA, Mexico—Mazda is planning to invest $120 million to build an engine factory adjacent to its vehicle assembly plant here. The new facility will be able to produce 230,000 engines per year.

MEXICO CITY—GM will invest $691 million to expand its Mexican operations, including engine assembly plant in Toluca.

CELAYA, Mexico—Honda is planning to build a $470 million transmission assembly plant here.

WASHINGTON—In another sign that America is becoming more competitive in manufacturing, the United States is now equal to Mexico in “attractiveness” as a source for manufacturing operations and is on track to achieve cost parity with manufactured imports from China by 2015. That’s according to new research released by AlixPartners.

QUERETARO, Mexico—Mitsubishi Electric is planning to build a $33 million assembly plant here to make starters, alternators and other auto parts.

MEXICO CITY—A decade ago, wages in Mexico were six times higher than in China. In 2011, they are only 40 percent higher. That, along with other factors, is spurring a growing number of manufacturers to move production from China to Mexico.

VAN NUYS, CA—Superior Industries International Inc., a manufacturer of aluminum wheels, is building a $135 million assembly plant in Mexico.

SILAO, Mexico—Volkswagen has opened a new engine assembly plant here. The plant will have a maximum annual capacity of 330,000 engines.

MEXICO CITY—In an aggressive bid to move beyond low-wage factory jobs and toward an entrepreneurial economy, Mexico is producing graduates in engineering and technology at rates that challenge its international rivals, including its No. 1 trade partner, the United States.