Siemens Powers Ahead in Mexico, Room To Grow Further

Industrials - Capital Goods 487 Mexico 751

Siemens plans to invest $200 million in Mexico, and sees up to $40 billion of investment opportunities in the power sector according to local press reports. Panjiva data shows it is already experiencing success in Mexico, with a 13% increase in imports in the fourth quarter in the power network equipment business. It still lags Delphi however, which is around twice the size but is not growing as fast.

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