Fake components went into 68 jet engines, including ones on Boeing 737 and Airbus A320 planes, says lawsuit
CFM International Inc. says 68 jet engines were fitted with spare parts backed by fraudulent documentation from a little-known UK-based supplier, a sign that fake components may have been installed on certain older-model aircraft. SOURCE: Fortune The finding was included in a lawsuit filed by the joint venture of General Electric Co. and Safran SA in the UK against closely […]
GM says Mexico plants will operate normally amid US strike
MEXICO CITY (Reuters) – General Motors’ Mexican plants will continue operating as normal despite strike action by U.S. union workers, the company said in a statement on Friday. The United Auto Workers union launched strikes at three factories owned by General Motors, Ford Motor and Chrysler parent Stellantis NV, kicking off the most ambitious U.S. industrial labor […]
Experience ViTrox’s State-of-the-Art Offerings at SMTA Guadalajara 2023 Presented by Sales Channel Partner – SMTo Engineering!
PENANG, MALAYSIA – ViTrox, which aims to be the world’s most trusted technology company, is excited to announce that our trusted Sales Channel Partner (SCP) in Mexico, SMTo Engineering, S.A. de C.V., will be participating in SMTA Guadalajara Expo & Tech Forum. They will be exhibiting in Booth #911 from the 25th to the 26th […]
Mexico Manufacturing PMI Fell to 51.2 in August from 53.2 in July
The S&P Global Mexico Manufacturing PMI fell to 51.2 in August 2023 from 53.2 in July, remaining in expansionary territory for the seventh straight month but signaling only a slight improvement in the health of the sector. There were further, albeit softer, expansions in total new orders and exports. However, production growth was halted by […]
Japan’s Kaga Electronics to build new Mexican parts-assembly plant
Japanese component company Kaga Electronics will spend 5 billion yen (around $34 million) to build a plant in Mexico, as it aims to capture demand from companies moving to North America to sidestep tensions between the U.S. and China. SOURCE: NIKKEI Asia “Consumption in the North American market will continue to be strong, and Japanese manufacturers, our […]