Xito de CV has invested $4m in a new PET sheet extrusion line which will almost double its current production capacity of 19 million pounds a year. Xito owner and chief executive Norman Wright was quoted by Plastics News as saying that it ...
Tags: Pet Sheet, production capacity, virgin PET
US carmaker General Motors is planning to invest $420m in its Mexican facilities to build the Chevrolet Trax, new pick-up trucks and a new cto be employed in its passenger cars. The investment will go towards facilities in the states of ...
Tags: General Motors, Chevrolet Trax, pick-up trucks, passenger cars
Fresh-Veg, a produce company based in Boca Raton, Florida, has announced that it has created a new logo and is working with TFM International, to help them with their marketing strategy and execution. Fresh-Veg president Eliseo Trujillo ...
Tags: produce company, new logo, marketing strategy and execution
Canadian dairy firm Saputo has signed a deal to acquire the Morningstar business of Dean Foods. The US$1.45bn deal will be financed through a newly-committed bank loan, Saputo said today (3 December). The acquisition will help expand the ...
Tags: dairy, Morningstar, Dean Foods, acquire
Irish corrugated paper and packaging company, Smurfit Kappa has completed its previously announced acquisition of Orange County Container Group (OCCG) for a total cash consideration of $340m. Smurfit Kappa CEO Gary Gann said the ...
Tags: paper and packaging, acquisition, OCCG, containerboard
German carmaker Audi will build its new plant in San José Chiapa, in the State of Puebla, Mexico. Construction work of the automaker's new Mexican plant is expected to start in mid-2013, while production is scheduled to commence in ...
Tags: Audi, new Mexican plant, Q5 SUVs, german carmaker
A long, long time ago, Humanity and Nature became sworn comrades and signed a non-aggression treaty. But soon, the humans who had pledged never to invade their ally realized that without Nature's offerings, they could not survive. ...
Tags: Naxi, journey, natural scenery
Around 1,500 guayabera shirts, the national attire of Cuban men, will be exported to the beautiful tropical regions of the Caribbean Islands, according to the Prensa Latina news agency. The shirts are being produced in the textile ...
More than 1,500 Hennes and Mauritz (H&M) fans lined up for over 6 hours outside of the Mexican flagship store in Centro Comercial Santa Fe. On hand to welcome customers and count down the excitement was Denisse Guerrero from pop group ...
Tags: H&M, flagship store, first store in Mexico
Global property and casualty insurer ACE has inked a definitive agreement with Ally Financial to acquire ABA Seguros in Mexico for nearly $865m in a cash transaction. Commenting on the deal, ACE chairman and chief executive officer Evan ...
Tags: ACE, Ally Financial, ABA Seguros, acquisition
Japanese carmaker Nissan’s Mexican subsidiary, Nissan Mexicana, has begun the construction on a $2bn automotive manufacturing facility in Aguascalientes, Mexico. Announced in January 2012, the company said the new facility will ...
Tags: Nissan, manufacturing facility, Mexico
Kettle Foods, a manufacturer of potato chips and tortilla chips, has launched a new tortilla range in the UK. The new line of tortilla chips will be available in four variant flavors such as Sweet, Chilli, Salsa and Nacho Cheese. Each ...
Tags: manufacturer of potato chips and tortilla chips, new tortilla range
IRL has announced the publication of a new and fully updated edition of its popular"Profile of the Central American and Caribbean Paints Industry." This report covers the markets for paints and coatings in eight Central American ...
Tags: IRL, paints industry, report, regional paint industry
Mexican bottler of soft-drinks Arca Continental has invested about $20m to open a new production line at its plant in Guayaquil, Ecuador, which is expected to contribute to a 35% increase in production capacity in the country. Over the ...
Global brewer Molson Coors has launched its Corona Extra Mexican beer in new 710ml bottles, which will be available in the off-trade from 1 May 2012. Molson Coors Corona senior brand manager Darius Burrows said the beer is all about ...
Tags: marketing investment, marketing campaign, bottle launch