Newsletter - July 2009

Lala inaugurates new plant, where they spent US$100 million

President Felipe Calderon inaugurated the new plant of Lala Group Industrial Complex, where US$100 million were invested to process dairy products.

The dairy corporation officially started operations in this stage, after purchasing the US cooperative Dairy Farmers of America, the company that processes National Dairy milk. Eduardo Tricio Haro, Grupo Lala’s Chairman of the Board, accepted they resorted to financing from banks for their expansion to the United States.

In presence of President Felipe Calderon, Governor Humberto Moreira, and other guests, Tricio Haro said that the new plant will generate 600 specialized jobs. Source: El Siglo de Torreón.

Coahuila wants vans assembly plant

Coahuila and Nuevo León are competing for the installation of a General Motors assembly plant, where they are planning to assemble two new vans, one of which will be hybrid. Marcela Ordaz, Trade Show Consulting Manager for Latin America, pointed-out that with the closing of GM plants in the United States, part of their projects will come to Mexico.

 “Now that they are closing, GM will come to Nuevo Leon or Coahuila”, she affirmed during the inauguration of Weldmex, Fabtech, Metalform and Coatech Industrial Mega-exposition that took place in Cintermex. Source: Milenio.

Great investment opportunities in Mexico highlighted in Spain

Madrid, Spain.- More than one thousand 400 Spaniard companies established in Mexico, have witnessed that México is an excellent place to invest, with great business opportunities, Mexico’s Ambassador in Spain, Jorge Zermeño Infante, affirmed in order to attract investment to different regions in México. Source El Informador.

Did You Know?

La Laguna Region is a market of opportunities in México due to:

• Excellent geographic location and dynamic logistics.
• Competitive labor costs in northern México.
• Highly educated and young labor force.
• Strong educational platform: 25 Universities & 23 Technical Schools.
• Healthy labor environment.
• Reliable infrastructure and abundant natural resources.
• Multicultural community with excellent at low cost quality of life.
• Federal, state & city economic incentives to foreign investment.

Source Fomec.

 

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