Thursday, October 18, 2012

Rolls-Royce Mulls Setting up Jet Engine Plant in Mexico

The Wall Street Journal


MEXICO CITY--Rolls-Royce PLC  is looking to manufacture airplane engines in the northern Mexican state of Sonora, the head of a British trade mission to Mexico said Tuesday.
 

"As Mexican manufacturing develops critical mass, more of these companies will come to get in the supply chain," David Wootton, Lord Mayor of the City of London, told reporters.

Rolls-Royce officials were not immediately available for comment.

Having attracted automotive manufacturers from around the globe, Mexico has since begun courting the aerospace industry.

Justin McKenzie, head of trade and investment at the British Embassy in Mexico City, added that U.K.-based oil and gas firms are also very interested in investing in Mexico, although those prospects hinge largely on the success of the Mexican government's efforts to allow for greater private investment in the energy sector. 


http://online.wsj.com

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