After years of debate, luxury automaker Audi has finally won approval from parent Volkswagen AG to build a new North American assembly plant that could help fuel its record growth in the US and other markets.
Board of Management and Supervisory Board of Audi AG approved plans to build photo courtesy of audi the new plant in Mexico. The exact location for the new facility, which will manufacture Audi’s Q5 sport-utility vehicle starting in 2016, will be chosen by Audi later this year and it is expected that the company will invest as much as 2 billion usd.
The plant will assist Volkswagen in its quest to boost US sales to 1 million units by 2018 –including 200,000 Audis and 800,000 VWbranded vehicles. The automaker is also seeking to sell 10 million vehicles worldwide by that year, which it believes would position it as the industry’s global sales leader.
Ignition and Go
With an estimated investment of 35 million usd, the Japanese company Nishikawa Cooper, specializing in the manufacture of rubber and glass for the automotive industry, will begin operations in Silao, Guanajuato.
The plant, located in the Guanajuato Inland Port logistics center, will meet demand from customers like Honda, Nissan and Mazda.
Keihin Arrives in Mexico
Japanese automotive engine parts manufacturer Keihin will install a production plant in the northeastern state of San Luis Potosí. The 29 million usd facility is planned to begin producing engine parts by the end of 2012 and will have Honda among its major consumers.
Grupo Carso to Build New Water Treatment Plant
Mexican construction company Grupo Carso will invest approximately 1 billion usd in the construction of a major water treatment plant at Atotonilco, in the central state of Hidalgo. The plant is planned to recycle 60% of waste water in the Valley of Mexico, where Mexico City is located.
Solfocus Working on New Solar Plant
SolFocus has joined hands with Mexican real estate developer Grupo Musa and US based energy developer Synergy Technologies to launch a solar power plant in Baja California, Mexico.
The project will have a total capacity of 450 MW. It will be built in 50 megawatt tranches, with construction on the first one starting in late 2012 and being operational before the end of 2013.
The power plant will use SolFocus Concentrator Photovoltaic equipment. It will be owned and operated by SolMex Energy, a new company formed by Grupo Musa and Synergy Technologies for producing clean solar energy in Mexico.
Northern Mexico, where Baja California is located, has the third greatest solar resource in the world, making it an ideal location for this project.
Vestas Going Big in Mexico
Latin America’s largest wind project to date is moving forward as Mexico’s Marena Renovables has placed an order for 396-megawatts (MW) worth of wind turbines with Danish manufacturer Vestas Wind Systems A/S.
Located on the Isthmus of Tehuantepec in Oaxaca, the wind power project is developed by Marena Renovables, a consortium made up of Australian merchant bank Macquarie, the Macquarie Mexican Infrastructure Fund, Japan’s Mitsubishi Corp. and PGGM, a Dutch pension fund service provider.
The power generated by the wind farm will be bought by Cuauhtémoc Moctezuma, an operating company of Dutch brewer Heineken N.V. and subsidiary of Mexican retail and beverage group FEMSA, under 20-year power purchase agreements.
Speeding Up Trade Between Mexico and the US
United Parcel Service Inc. (UPS) started a new ground freight service in Mexico aimed at speeding up and boosting trade between the country and the US.
UPS CrossBorder Connect is a ground freight service that bundles Atlanta-based UPS’ transportation and customs brokerage expertise north and south of the border. It is a contractual service that uses the trucking network that supports UPS’ North American Air Freight service. For the service, UPS connected with carriers in Mexico at eight important points along the U.S.-Mexico border: Otay Mesa and Calexico, in California, Nogales; in Arizona, and El Paso, Laredo, McAllen, Harlingen and Brownsville, in Texas. Before, cross-border heavyweight freight shipping options were limited to air freight or conventional less-than-truckload movements.
Camino a Santa Teresa No. 1679, Col. Jardines del Pedregal, Del. Álvaro Obregón, C.P. 01900 México D.F., Tel. +52 (55) 5447 7070