The U.S. multinational General Electric opened Thursday an engineering plant for the design of airplane turbines and power generation with a budget of $ 20 million

The facility is located in the General Electric complex(GE) in the Mexican state of Querétaro (center), which employs 1,300 highly skilled engineers and is now expected to increase to more than 1,500 next year, the company reported a statement. (more…)

The businessman Julian Slim Helu, the elder brother of Mexico’s Carlos Slim Magante, died Thursday at age 74.

Julián Slim, director general of Telefonos de Mexico (Telmex), retired from business five years ago, after having been a partner of Grupo Carso and important part in the decision of several companies. (more…)

Mexico’s “Manhattan Project” funded by the government will pursue a vigorous national target for biofuel . Together with OriginOil, Inc. ( OOIL ), The developer of the innovative technology that transforms algae to bio-fuel , The California company has been contracted by the government of Mexico to produce 1 percent of the nation’s jet fuel by using algae in the next five years. and by the end of the decade the project aims to produce 20 times that amount thus propel Mexico to the front of biofuel producing nations. (more…)

For the past two decades the brand was owned by GM and now it’s in the ownership of Dutch sports car company Spyker. And, to Saab’s latest model is being made in a factory in Mexico. (more…)

The two agents were traveling on official business. The embassy did not have any information on the severity of the agents’ injuries or the exact location of the attack.

The Two U.S. customs agents were shot by unknown persons late on Tuesday in Mexico, while traveling from the capital to the city of Monterrey, said a spokeswoman for the U.S. embassy. (more…)

The Mexican government announced on Monday that it will pull out of the  special events in France, following statements by French President Nicolas Sarkozy to dedicate  a year long celebration of Mexico and its culture to  a Frenchwoman serving a long prison sentence for kidnapping. (more…)

French President Nicolas Sarkozy said in Paris will continue hold The “Year of Mexico” celebration in France and will dedicated it to Florence Cassez, a condemned Kidnapper that will be have to serve 60 years in prison for complicity in kidnapping. (more…)

FelipeCalderon from twitter.com

The Mexican State and it’s armed forces act in self defense against criminal organizations that harass and aggravate the Mexican families. (more…)

Mexican scientist from the (IPN)  in Mexico , Rafael Silva Torres, has created new form of contraception from a plant known as immortelle (Sedum prealtum), With no side effects this new natural contraception will be cheaper than those on the market. Scientist say there is the possibility that the product could soon be on marketed within the next two years. (more…)

While government and some sectors of see benefits, others indicate that there are disadvantages to with trade deal from a South American country country that has protectionism.

Is it beneficial the signing of a Strategic Economic Integration Agreement (AEIE) between Mexico and Brazil? The pre-negotiations will bring together the representatives from the private enterprise and Bruno Ferrari the Secretary of Economy, to identify any problems before a trade agreement with Brazil. (more…)

Private investment in the tourism sector grew 19.2% in 2010 over the previous year, to earn U.S. $ 3.526 billion , Mexico’s tourism department said. These investments represented a total of 869 projects, a figure substantially higher than the 500 made in 2009 , he added. (more…)

Mexico’s Defense Department announced a new armored tactical vehicle that will be used for operations against organized crime in urban areas.

Lt. Col. Francisco Enríquez Rojas, a spokesman for the Department of Defense, reported that these vehicles are now available and in use, although military  can not reveal where they will be sent. (more…)

Mexico City-based Design firm “AGENT” designed a new phone for Aava Mobile ,The firms Director is Alberto Villareal. The design draft by Villareal was one in thousands of prospects who had made sketches to design the company’s smartphone.

The blog Core77 worked with [Aava Mobile] to create a challenge for the best design, which resulted in the birth of “Twist”, a product that is in development will be released soon. (more…)

Miner and railroad operator Grupo Mexico reported a 53 percent rise in fourth-quarter net profit to $527 million on Friday.

The miner Grupo Mexico, one of world’s largest Producers of copper, reports Friday earnings of (544 million dollars) in the Fourth Quarter of 2010, up from the Same Period of 2009. (more…)

The new Siemens plant in Mexico will employ 600 highly skilled Mexican engineers, Calderon said. Siemens also plans to open a research and development center in Mexico to employ the country’s innovative and talented technical workers, the president said. (more…)

Mexico’s Armed Forces seek to modernize it’s air force to combat crime.

Therefore, the Ministry of National Defense (SEDENA) requested the purchase of five used aircraft Hercules H version, while the Secretary of the Navy (Semar) intends to acquire cargo transport helicopters and military transport helicopters for personal. In total, the combined cost will be over 800 million pesos. (more…)