Full-service law firm Thompson & Knight recently welcomed back a father and son attorney team to its Monterrey-based corporate and securities practice group. Alejandro F. Sanchez Mujica will become the firm's senior counsel, while his son Alejandro A. Sanchez-Mujica A. will serve as counsel. Both are licensed to practice law in Mexico and are fluent in English and Spanish. Read More »

Mexican steelmaker TYASA recently began construction on a new steel facility near Orizaba, Veracruz, that will capable of churning out 500,000 tons of sheet steel on behalf of Castrip, a joint venture of Nucor Corporation, BlueScope Steel of Australia and IHI Corporation. The finished materials will be produced largely to supply the local construction and manufacturing markets. Read More »

Tower International Inc., a Livoia, Michigan-based company that designs and produces metal components and assemblies used by automotive vehicle manufacturers, divested itself of one of its operations in Brazil and two China-based joint ventures in the last quarter of 2015.Tower International said the sales netted a profit of approximately $118 million. Read More »

CKE Restaurants Holdings Inc. recently opened its 200th Carl's Jr. franchise in Mexico. CKE said it is now moving toward opening its 300th Carl's Jr. in Mexico by 2019. “Mexico is a vibrant food service market and our brand has a strong track record of success across the country thanks to a solid base of outstanding franchisees," CKE International Division President Ned Lyerly said. Read More »

Analyst and consultancy firm Frost & Sullivan recently honored Verint Systems with the 2015 Latin American Contact Center Systems Product Leadership Award. The award is given to companies that have demonstrated high standards in product innovation and have experienced significant growth in the face of intense competition and increased customer demand. Read More »

The second phase of the Madero Clean Diesel project at the Madero Refinery in Tamaulipas, Mexico is about to begin. Read More »

First Cash Financial Services said last week it is acquiring 211 pawn stores in Latin America from a private Mexico-based company. First Cash, based in Arlington, Texas, which operates pawn stores across Mexico, will be adding 166 stores in Mexico and 45 stores in Guatemala and El Salvador, which are new markets for the company. The new stores are being acquired for $45 million. Read More »

2015 was a year of renewed interests between the United States and Cuba. One of the landmark achievements was the renewed civil aviation agreement between the two countries that have had a challenging relationship over the past few decades. Read More »

Air Liquide, one of Coca-Cola’s largest bottlers, will be expanding its business into the Latin American market.It will build a new cogeneration and carbon dioxide unit, in order to help meet the demand of Coca-Cola in Latin America. Read More »

StarTV has launched a new direct-to-home pay-TV service for Mexico. The new service was launched in late December of 2015. The platform replaces the previous TVZac platform. Read More »

The Schaeffler Group, an automotive industry company, recently celebrated its 40th anniversary and expansion of operations in the Mexican city of Puebla. Read More »

Brazil's Companhia Siderurgica Nacional (CSN) recently selected IBM Power Systems to run its SAP HANA in-memory analytics applications. CSN is mainly known as an exporter of iron ore in South America. They also develop high value steel, as well as offer cement, mining, energy and logistics products that are used in the construction and automotive industries.  Read More »

Goldcorp Inc. recently decommissioned its El Sauzal mine in Mexico following the International Cyanide Management Code (ICMC). The mine will now be withdrawn from the ICMC, a voluntary program developed by the United Nations Environment Program for the production of gold using cyanide. El Sauzal was the first mine in Mexico to be fully certified by the ICMC. Read More »

Swedish lock manufacturer ASSA ABLOY has signed agreements to purchase Brazil lock company Papaiz, and Brazil sliding door and window hardware maker Udinese. Papaiz and Udinese represent two major acquisitions in the Brazilian market, ASSA ABLOY President and CEO Johan Molin said. Read More »

New start-ups, developments and port upgrades were among the most frequently viewed stories for the year from Latin Business Daily. Read More »

GlobeOne said 7-Eleven Mexico recently signed a letter of intent to team up as corporate partners on financial services."This collaboration with GlobeOne allows us to offer our customers an innovative financial services solution that will benefit them greatly," 7-Eleven Mexico CEO Fernando Castilla said. GlobeOne offers a banking mobile app and multiple types of banking accounts. Read More »

Ceragon Networks said recently that its FibeAir IP-20 Platform will be used to expand the 4G wireless network in parts of Mexico. A wireless operator in Mexico will deploy the platform to increase the speed and efficiency of the network, Ceragon Networks said. The FibeAir IP-20 is is a highly flexible system that works on a wide variety of frequencies ranging from 4 to 86 gigahertz. Read More »

Manuel Andrade was recently named chief executive officer for Padtec, a Brazilian-based global manufacturer and solutions provider of turnkey optical solutions. Andrade previously served as executive vice president for global and submarine sales at Padtec, which is headquartered in Sao Paulo and is the largest Latin American manufacturer of optical networking equipment. Read More »

Grupo Colombo, a men’s apparel retailer in Brazil, and Garnero Group Acquisition Company (GGAC) recently amended their merger agreement to adjust for changes in the foreign exchange rate. Under the revised deal, GGAC will issue 4 million shares of its stock to existing Grupo Colombo’s security owners in return for 100 percent equity ownership in the retailer. Read More »

Mexico's FIBRA Prologis said it has expanded its real estate holdings with the purchase of a 502,000-square-foot building in the Apodaca submarket in Monterrey, Mexico. "This newly developed facility is leased to a multinational customer with whom we have recurrent business," Prologis Mexico CEO Luis Gutierrez said. The Class-A building was purchased for $38 million. Read More »