American Axle & Manufacturing Holdings (AAM) highlighted that automotive companies companies face pressure to invest in products aimed at electric vehicles. This is part of a series of important trends affecting the markets in which the company competes. Headquartered in Detroit with nearly 80 facilities in 17 countries,
The Union Pacific Corporation railway company increased freight revenues in the automotive sector, within its Industrial business, 5% in 2021, to 1,761 million dollars. In 2020, the company posted a year-over-year drop of 21 percent. Union Pacific is the largest automotive carrier west of the Mississippi River, operating
Grupo Bafar reported that it made capital investments of 3,297.4 million pesos in 2021, more than double (127%) compared to the previous year. From 1918 to 2020, Grupo Bafar’s capital investments averaged 1,372 million dollars annually. Grupo Bafar is a company that acts as a pure controller, and
Mexico is the largest avocado producer in the world and represents 30% of world production, according to a report by the United States Department of Agriculture (USDA). The avocado planted area in Mexico is steadily increasing year after year, at an annual growth rate of 3%, mainly due
The United States temporarily suspended its avocado imports from Mexico, arguing that one of the inspectors received threats through his cell phone. The avocado is the most traded tropical fruit in the world, and Mexico is the world’s largest exporter. For its part, the United States is the
The net sales of the company Grupo Rotoplas reached 1,293 million pesos in the United States in 2021, an increase of 31.8% year-on-year, driven by its e-commerce sales. Changes in consumption habits due to the pandemic, a better user experience on websites and the launch of septic solutions