Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Michelin announces new $510 mil plant in Mexico

Michelin today announced plans to build a production facility in the center of Mexico to manufacture high-end tires for passenger cars and light trucks.

The first tires are expected to come off the production line in fourth-quarter 2018. The new plant in León
(Guanajuato state) is the Group’s 21st in North America and 69th worldwide. Its location reflects Michelin’s
commitment to producing its tires as close as possible to the markets in which they are sold.

The construction of the 142,000-square-meter plant, which represents an investment of €450 million ($510
million), is . . .

Read Full Story

Related Posts

Why Vallarta Is Planning a 900 Million Peso Water Fix

SEAPAL wants more than 900 million pesos for new intake and treatment works linked to...
Chapala Rental Squeeze Deepens Across Lakeside Market

Chapala Rental Squeeze Deepens Across Lakeside Market

New data places Chapala among Jalisco’s priciest rental markets, with Ajijic standing out as affordability...
Mérida moves to bring mototaxis under clearer rules

Mérida moves to bring mototaxis under clearer rules

Yucatán has launched a commission to regulate mototaxis in Mérida, targeting safer service, insurance, pricing...
peso today

Peso gains against dollar as inflation clouds path

The peso strengthened to around 17.35 per dollar on April 9, but hotter March inflation...