‘One vaccine isn’t enough’: Mexico aims for its own coronavirus fix

covid

Mexico is working to produce its own COVID-19 vaccines and could have one ready by next spring, according to a researcher coordinating local efforts amid a global race to tame a disease that has infected over 26.75 million people worldwide.

Esther Orozco, coordinator of the scientific group that represents Mexico at the Coalition for Epidemic Preparedness Innovations, said research based on a virus that transmits the avian Newcastle disease is the most viable candidate to produce the first vaccine in Mexico.

Orozco said the vaccine, developed by the private firm Laboratorio Avimex with researchers from Mexico’s main public university, UNAM, and the Mexican Social Security Institute, is ready to start the first phase of testing with humans.

“They are advanced,” Orozco told Reuters in an interview. “I think it’s going to be ready by spring or the start of summer.”

She said the Avimex vaccine trials will begin with “dozens of humans.” A second stage will see “hundreds of patients” before thousands of volunteers take part in final Phase 3 studies.

Avimex, normally dedicated to the manufacture of vaccines and pharmaceutical products for animals, did not respond to a request for comment.

Mexico has launched a global effort to build diplomatic and commercial alliances to ensure it receives the approximately 200 million vaccine doses it estimates it will need for a disease that has infected more than 623,000 people and killed at least 66,851 in Latin America’s second-largest economy.

Mexico will take part in clinical trials of Italian and Russian vaccines, and has also struck a deal to produce pharmaceutical firm AstraZeneca Plc’s (AZN.L) vaccine.

 

In addition, it is looking to participate in phase 3 trials with French drugmaker Sanofi (SASY.PA), Johnson & Johnson’s (JNJ.N) Janssen unit and Chinese companies CanSino Biologics Inc (6185.HK) and Walvax Biotechnology Co Ltd (300142.SZ), all of which have agreed to guarantee access to their vaccines if successful.

Orozco said the Mexican vaccine will arrive “later” than leading foreign candidates. But she noted that 7.5 billion people on the planet will need to be inoculated, and the number of vaccines may be double that figure if two doses are needed.

“The world is going to need much more than one vaccine,” she said. “Our hope is that Mexico is a part of this even if we’re not the first to cross the finish line.”

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Hyatt Hotels Corporation announces plans for Thompson Monterrey, the first Thompson hotel in Mexicos state of Nuevo Leon

Thomson hotels

Hyatt Hotels Corporation (NYSE: H) announced plans for Thompson Monterrey, the first Thompson hotel in Mexicos state of Nuevo Leon. The 150-room lifestyle hotel is expected to open in 2022 and will mark the fourth Thompson-bra.

Developed by Visa Desarrollos and Grow2, Thompson Monterrey will be located in the San Pedro Garza García, a contemporary financial and commercial area of Monterrey in the state of Nuevo León. Located near headquarters for many national and multinational companies and university campuses, the hotel will be part of Torre IKON, a new-build mixed-use complex with aproximately 215,000 square feet (20,000 square meters) of office space. Thompson Monterrey will occupy a portion of the 31-floor tower designed by Duda Paine Architects, which is set to be one of the most iconic high-rise buildings in the San Pedro Garza García.    

Thompson Monterrey will provide a truly superior experience with just the right amount of edge to the San Pedro Garza García through its thoughtfully curated design, culinary sophistication, and effortless yet intuitive service. From the moment guests arrive, they will experience elements of Monterrey’s culture in the hotel’s sought-after hub – its rooftop bar – which will reflect the guests’ authentically stylish and dynamic lifestyles with a buzzing social scene and thought-provoking arts and entertainment.

Situated in the main district of the San Pedro Garza García, guests will be stimulated by Monterrey’s vibrant neighborhoods and easily access multiple dining, shopping and entertainment options within walking distance of the hotel. With its close proximity to Monterrey International Airport (MTY), Thompson Monterrey will serve as a destination for both domestic and international travelers.

“We are thrilled to announce the development of the first Thompson hotel in Monterrey, marking a significant milestone for us and Hyatt,” said Luis Carlos Villarreal, president, Visa Desarrollos, S.A.P.I. de C.V. “Thompson Monterrey will offer a modern, luxury experience tailored to the destination, enhancing each guest’s personal travel journey by bridging connections to the local community through in-the-know moments and collaborations.” 

Thompson Monterrey is expected to join three Thompson Hotels properties in Mexico, including The Cape , Thompson Playa del Carmen , and Thompson Zihuatanejo . Additionally, Thompson Monterrey is the latest example of growth for the Thompson Hotels brand, joining recently announced projects , including Thompson Dallas (expected to open in Fall 2020), Thompson San Antonio (expected to open in early 2021), Thompson Austin (expected to open in 2021), Thompson Buckhead (expected to open in 2021), Thompson Savannah (expected to open in 2021), and Thompson Houston (expected to open in 2023).

“Thompson Monterrey comes at a time of significant growth for the Thompson Hotels brand and will represent the brand’s entry into a key new market,” said Alfredo Reynoso, director of  development, Mexico, Hyatt.

“The Thompson brand aligns very well with Monterrey’s position as a business and entertainment destination, and we look forward to introducing a new lifestyle offering that will provide experiences that celebrate its destination in a sophisticated way for guests and locals alike.”

For more information, please visit thompsonhotels.com .

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Cancun Airport Transportation Wins 2020 Tripadvisor Travelers’ Choice Award for Transportation in Cancun

cancun airport

Cancun Airport Transportation today announced it has been recognized as a 2020 Travelers’ Choice award-winner for Transportation in Cancun. Based on a full year of Tripadvisor reviews, prior to any changes caused by the pandemic, award winners are known for consistently receiving great traveler feedback, placing them in the top 10% of hospitality businesses around the globe.

“It has been a year of constant tests, changes, and adaptation. This award is proof of the effort put on our work on a daily basis, and how you, our clients, have supported us even during hard times. Once again, we want to thank all our customers for their preference, and take the opportunity to tell them we are getting better every day for you to come back soon and live the best transportation experience in the Mexican Caribbean,” said Cristian Flores, Marketing Manager at Cancun Airport Transportation.

“Winners of the 2020 Travelers’ Choice Awards should be proud of this distinguished recognition,” said Kanika Soni, Chief Commercial Officer at Tripadvisor. “Although it’s been a challenging year for travel and hospitality, we want to celebrate our partners’ achievements. Award winners are beloved for their exceptional service and quality. Not only are these winners well deserving, they are also a great source of inspiration for travelers as the world begins to venture out again.”

To learn about Cancun Airport Transportation services, visit https://www.cancunairporttransportations.com

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StemSation Expands into Mexico with Completion of Wholly Owned Subsidiary

StemSation International, Inc., a pioneer in the emerging category of dietary supplements called Stem Cell Nutrition, announces that it is expanding into Mexico and has just completed the incorporation process for a new wholly-owned subsidiary in Mexico named StemSation Mexico S.A. de C.V.

According to the World Federation of Direct Selling Associations (WFDSA), Mexico ranks 8th in the world in sales through this distribution channel. It is also a market that is very synergistic in growing the very lucrative U.S. Hispanic market. https://wfdsa.org/global-statistics/

Ray Carter, StemSation’s President and CEO commented, “Mexico is a strong market for our industry, and we’re excited to be offering our products and entrepreneurial business model there in the near future. We expect the next step of product registration to be completed shortly”.

StemSation’s all-natural products focus on supporting the two most recently discovered biological systems of the human body, the stem cell system of renewal and repair, and the endocannabinoid system of regulating physiological functions in both the central and peripheral nervous system and in peripheral organs. https://www.stemsation.global/www/en/us/about/

David Casanova, StemSation’s Vice President of Global Sales & Marketing commented, “Mexico is a big market that I know very well, and it is also our stepping-stone into all of Latin America as we continue to execute our global expansion plans”.

StemSation markets and sells its products online through its growing team of Independent Wellness Advocates in the United States and Europe, who each receive a StemSation replicated website in four languages and currencies. www.stemsation.global

StemSation is a company with a long-term ‘health mission’, ambitious research goals, and innovative, holistic approaches to health & wellness, and healthy longevity. Our product line shows a new pathway to wellness.

SOURCE: StemSation International, Inc.

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BRP to Increase Manufacturing Capacity in Mexico to Meet Side-by-Side Vehicles Demand

BRP announced today that it is increasing its manufacturing capacity with the construction of a new facility in Mexico to meet demand for its off-road vehicles (ORVs) business.

This expansion of BRP’s production facilities is intended to help keep pace with the increased demand for Can-Am side-by-side vehicles (SSVs) experienced in recent years. After a temporary slowdown due to COVID-19, retail sales went up by over 35% in May, compared to the previous year, and the trend continued in June.

“Despite the pandemic, demand for our products has remained strong, and even surpassed last year’s figures for the same period,” said José Boisjoli, President and CEO. “Our continued innovation and steady growth in SSVs make this additional capacity necessary to meet our goal of achieving 30% market share,” he added.

The planned facility will be located in Juárez and represents an investment of an estimated CA$185M and would result in the creation of up to 1,000 permanent jobs. BRP’s total capital expenditure for FY21 is now expected to be in a range of CA$275M to CA$300M.

Site planning and construction are scheduled to begin within the next months, and the plant is expected to be ready for operation by Fall 2021. This new plant, combined with the company’s two off-road manufacturing facilities in Juárez, will create positive operational synergies and efficiencies.

About BRP
We are a global leader in the world of powersports vehicles, propulsion systems and boats, built on over 75 years of ingenuity and intensive consumer focus. Our portfolio of industry-leading and distinctive products includes Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Can-Am on- and off-road vehicles, Alumacraft, Manitou, Quintrex, Stacer and Savage boats, Evinrude and Rotax marine propulsion systems as well as Rotax engines for karts, motorcycles and recreational aircraft. We complete our lines of products with a dedicated parts, accessories and apparel business to fully enhance the riding experience. With annual sales of CA$6.1 billion from over 120 countries, our global workforce is made up of approximately 12,600 driven, resourceful people.

www.brp.com

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Language of Success

Adult Learning Mexico

Based in Mexico City, Lengua & Cultura is a language school providing communicative and cultural tools of the highest quality to enable people to understand and speak Spanish, English, German, Italian and French. Following their success in the 2019 Latin American Business Awards, we got in touch with Marco Téllez to find out more.

Founded in 2002, Lengua & Cultura is a language school endorsed by the Federal Mexican Government, providing interactive classes for those who wish to learn a new language and do business.

To begin with, Marco gives us a brief overview of the company and the clients they typically serve. “Lengua & Cultura is a 18-year- old language centre based in Mexico City, helping people overcome language and cultural barriers in a short period of time, using a unique conversational system. Typically, our clients are people who need to communicate effectively with their business or life partners, as they work and travel through Latin America.”

As a language school, the centre set themselves very high standards when teaching a new language to their clients. Moreover, as Marco informs us, learning a new language or improving it should be a fun experience; however, the environment should remain a professional one. “At Lengua & Cultura, we don´t see students as clients, but rather as human beings with a genuine interest in learning our language and understanding our culture; therefore, we are fully committed to providing the best experience as whole. In order to ensure that happens, we have a quality assurance system, which every staff member knows and applies to. In addition, we hold regular meetings to keep the quality standards up.”

Working in an educational environment, it’s important that those teaching have a passion for delivering language courses. A candidate’s suitability to teaching has to be carefully considered when the centre is looking to recruit new talent as Marco further explains. “When hiring a new member of the team, we look for people who are passionate about teaching, like people, and hospitality. These traits are not teachable, but they´re necessary to make sure all our new staff are great at helping our students overcome the communication challenges they often face.”

As educational technology has developed, it has further enhanced clients’ understanding of different learning channels as Marco points out. “Through this pandemic, we´ve been teaching via video-conference and we have included an e-learning platform to reinforce our students´ skills. This means anyone can learn/improve their language abilities with L&C 24/7 from home, anywhere in the world.”

With 21 Spanish-speaking countries in Latin America, the pool where potential clients may come from is a considerable size. Although this does present great business opportunities, the firm have to be aware of potential factors which may affect the economy. “Mexico is the second largest economy in the region of Latin America and the most important financial and cultural hub; however, being interdependent with the US economy, where our daily trade is about USD $500 million, financial market volatility can affect our economy both positively and negatively.”

Operating in an industry which is constantly moving, Lengua & Cultura have developed a unique conversational method, which adds value to their services. Furthermore, as Marco points out it’s important to compliment these innovations with full-immersion activities. “We have included a number of hands-on learning activities, such as guided visits to museums and archaeological sites, Latin dance and Mexican Food cooking lessons. We have done these online over the last eight weeks, but it´s better in person!”

Some language schools are trying to teach at cafés or restaurants; however, today´s restrictions to use these places, plus loud noise in these establishments makes it nearly impossible to conduct a real class. On the other hand, Lengua & Cultura teach in a much more appropriate environment as Marco points out. “Our students are currently taking live online lessons, with our expert tutors via video-conference, they get the video of their class for reviewing afterwards and the audio to listen to the conversations again while running chores. Also, we have state-of-the-art facilities, including comfortable classrooms with whiteboards and projectors, plus a nice coffee bar”

With the industry quickly moving towards a blended learning model, internet-based education is a clear trend. In response, the firm have been busy working on innovations to progress their students learning as Marco confirms. “We have recently created a powerful School Management Software called Demiks (https://admin.demiks.com/intl/home), which is benefiting our students, as they take advantage of our discount rates through affiliation programs; next year we will launch our own language learning app.”

Although the world is facing another bad economic and financial situation, the future for Lengua & Cultura is looking bright as Marco explains further. “Many Spanish native speakers have reached out to us asking for teaching training courses, which is something that aligns perfectly with our mission; therefore, next month we will launch our new program: CEPELE, an innovative online Spanish teacher´s course, with international accreditation for those who want to work and travel around the world.”

Finally, Marco gives us his thoughts on Lengua & Cultura being awarded Best Spanish Language School 2019 – Mexico. “It feels great to have this sense of achievement and we believe the reasons behind our success are: Ultimately, we provide our students with a powerful communication tool to connect deeply with the Spanish-speaking people they care for or do business with, while making them part of an international community.”

Company Name: L&C Spanish School

Contact Name: Yamel Robledo

Visit their website: https://lenguaycultura.com/

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Workday Launches in Mexico

Workday, Inc., a leader in enterprise cloud applications for finance and human resources, today announced that it is expanding operations into Mexico, with Guillermo Reynoso as the new country manager. Services partners are ready to assist Workday deployments in the country.

The world of work is changing more quickly and significantly than ever, with global organizations – including those in Mexico – facing new realities that require them to respond and pivot in a moment’s notice. To do this, they need technology systems that enable them to be agile and provide real-time finance and HR insights so they can make more informed decisions about their future. With a growing community of more than 3,200 customers, Workday provides organizations with a flexible, cloud-first system that helps them plan, execute, analyze, and extend, all in one system powered by machine learning. 

Customers in Mexico have selected Workday for unique benefits, including:

  • A Highly Engaged Community – New customers will join more than 250 local and multinational organizations that are currently deploying Workday in Mexico, including HP Inc., GE, Nissan, and Santander. As part of the collaborative Workday community, customers share ideas and best practices, and actively engage with product teams on the next innovations.
  • A Commitment to Customer Satisfaction – As a trusted partner that is committed to supporting customers in this changing world, Workday understands the importance of getting organizations live and helping them realize the value of a cloud system. Due to this intensive focus on customer success, Workday has consistently achieved an industry-leading customer satisfaction rating over 95 percent, with a 97 percent customer satisfaction rating in its latest survey, and more than 70 percent of customers live.
  • One Unified System – As businesses adapt to changing conditions, the need for an intuitive platform that ties finances, people, and plans together in one version of truth is more important than ever. The unified suite of Workday products, including Workday Financial ManagementWorkday Human Capital Management (HCM)Workday Adaptive PlanningWorkday People AnalyticsWorkday Prism Analytics, and Workday Professional Services Automation, empowers customers with one cloud system that provides the real-time insights needed to drive their businesses forward.

Comments on the News
“Organizations in Mexico are navigating an increasingly dynamic business environment, which requires an agile system that enables them to respond as the demands on their businesses rapidly evolve,” said Chano Fernandez, co-president, Workday. “With more than 250 local and multinational customers already utilizing Workday in Mexico, we have a strong foundation to welcome new customers to the Workday community who want to drive their business transformations in the cloud – with one unified system to plan, execute, analyze, and extend across the enterprise.”

“Organizations that can accelerate their digital transformations will remain several steps ahead in an increasingly competitive and rapidly changing global environment,” said Jorge Castilla, general manager, Accenture Mexico. “To outmaneuver uncertainty, businesses in Mexico need to tap into the cloud for its inherent flexibility and scalability, in order to build more resilient systems. Workday can help meet these needs with its unified applications for financial management, planning, and human capital management, and Accenture looks forward to building on our long-standing global relationship to serve our local clients in Mexico.”

“Through our global collaboration with Workday, our focus is on helping companies become fully digital, data-driven organizations,” said Raul Garcia, managing director of human capital, Deloitte Consulting, LLP. “We look forward to continue delivering services that will help our customers in Mexico realize the potential of the cloud and harness the value of Workday’s finance and HR platform so they can drive business impact and accelerate innovation.”  

https://www.workday.com/

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Despegar to Acquire 100% of Best Day, a Leading Travel Agency in Mexico

Despegar.com, Corp., the leading online travel company in Latin America, today announced it has agreed to acquire Best Day Travel Group one of the leading travel agencies in Mexico, for a total consideration of approximately US$136 million, subject to the occurrence of certain closing and business conditions.

A portion of the purchase price is payable on a deferred basis and includes a variable component of up to circa +/- 10% of the total consideration, based on future performance.

According to Best Day, during 2019 the company recorded estimated unaudited pro forma revenues and EBITDA of approximately US$140 million and US$8 million, respectively, with online sales accounting for approximately 70% of total sales. Approximately 75% of its revenue is generated in Mexico, further strengthening Despegar’s footprint in this country. The remaining revenue is generated mainly in Brazil, Argentina, U.S. and Canada, among others. Packages, Hotels and Other Travel Products account for approximately 95% of its revenues.

Best Day operates a cross-platform business model. In addition to its Business to Consumer business operated through its online platform, call centers and more than 200 kiosks, the company offers ground transportation, tours and activities across Mexico main destinations.

On the B2B front, Best Day provides online wholesale travel products to agencies worldwide through its subsidiary HotelDO as well as white label services for major travel vendors, including exclusive partnerships with the largest Mexican airlines operating their packages platforms. Despegar expects to maintain the Best Day brands and network of kiosks as well as key executives.

Mr. Damian Scokin, CEO of Despegar, noted: “We are very pleased to have entered into this agreement with Best Day, which is aligned with the strategic priorities discussed at Despegar’s recent Investor Day. This is a significant milestone in our consolidation strategy that started with the acquisition of Viajes Falabella. Additionally, this acquisition is a significant landmark given our goal to continue expanding our operations in Mexico, Latin America’s most important tourism market and the seventh most important destination worldwide. Together, Despegar’s unique competitive levers combined with Best Day’s expertise in wholesale hotel offerings and destination services, will further enhance our value proposition. Best Day also has strong partnerships with leading travel vendors. We are acquiring a company with a solid strategic position and a successful track record that provides significant opportunities to strengthen Despegar’s presence in Mexico and to grow its Business to Customer value proposition.”

Mr. Julian Balbuena, President of the Board of Best Day, commented: “At Best Day Travel Group we are very proud of this transaction. We have been operating in the market for over 35 years, and the fact that a company like Despegar, the leader in the Latin American travel market, sees in us an opportunity to strengthen their value proposition in the Mexican market, speaks clearly about the capabilities we have built. For the Best Day team, it is an opportunity to enhance those capabilities to continue offering customers unique experiences with the travel company that has innovated like no other in the region over the last 20 years.”

https://www.us.despegar.com/

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An Interview with Mexico’s leading actress Sarah Barlondo

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Images by Ruth Crafer

An Interview with Mexico’s leading actress Sarah Barlondo

Born and raised in the South of France, Barlondo was first scouted as a teenager in Mexico City, where she soon became the only French actress to make it on Mexican television, a sensation on Mexico’s beloved Televisa. Since then, she has also become the only actress from Televisa to make it into a Warner Bros production, earning an undisclosed role in the Patty Jenkin’s upcoming Wonder Woman 1984.

Barlondo is also an award-winning forensic architect, she completed studies at Parsons in New York and the Architectural Association and Central St. Martins in London. In 2018, she was the recipient of the 2018 Design for Peace Award.

1.    From top-ranking professional tennis player to architect and accomplished international actress, now with a role in the upcoming Wonder Woman 1984 – one might say you are a bit of a wonder woman yourself. What is it about acting that means you’ve chosen it above all your other professions?

That’s very kind, thank you. When I was studying architecture and playing tennis, I continued to act in my spare time and work towards perfecting my craft. Acting is definitely what I am most passionate about. Although I paused my career during my studies, I continued to study the craft, memorising monologues and staying aware of the market and new productions. It was important for me to get a degree outside of my acting career and design work has taught me the process of researching and building something piece by piece where every element has a specific purpose.

I started acting when I was about 16 years old and quitting was never an option for me. I have always known that acting was the right path, it is what makes me feel the most complete.


2.    You are one of Mexico’s biggest TV stars. What is it like to be the first and only French actor to make it on Mexican television? And do you find the process of filming for a Hollywood blockbuster any different?

I wouldn’t dare say that I am one of Mexico’s biggest TV stars but thank you. I will hopefully get more opportunities to work towards this in the future. I was so young when I started acting in Mexico and I didn’t realise how unusual my profile was. I didn’t speak Spanish at the time, but I followed my gut and everyone was so welcoming.  I am still learning everyday which is something I love about this experience. There is always a new word or type of food or music that I don’t know about.

From my experience, filming a Hollywood blockbuster is different from any TV production I have worked on. Filming a feature is a different process and another level of preparation. As an actor I prepare in the same way, but in terms of logistics and production, it is very different. Television work appears on the screen much faster but with cinema, it takes a year, a year and a half or more to see the work and realise its impact.


3.    You’re trained in the famed Lee Strasberg method, do you have personal methods you use in your practice, and do you think this impacts your everyday life?

I have definitely developed a sense of awareness and sensorial memory. The training I had in Mexico was based on the Stanislavski method and both complement each other really well. I like to prepare physically as well as emotionally for my roles so it definitely impacts my everyday life. I still use some of the techniques I learned as a tennis player and implement them in my acting preparation.

4.    As a part of one of Mexico’s leading telenovelas, what do you think they bring to their audiences? Do you love filming them as much as we love watching them?

I love storytelling and being close to the audience. I feel that telenovelas touch the audience in a different way by being present in their home every day and telling stories that everyone can relate to.

5.    You’re a trained forensic architect – it’s a far cry from acting. Do you use any of those skills in your current career? What interested you in this particular field?

Yes, the two couldn’t be more different but Forensic Architecture and Architecture in general have helped me become much more specific in my research and character work. I have learned to be even more rigorous than I was as a tennis player. Thanks to my studies, I approach character work as I would construction work, with the same attention to detail.

I became passionate about Forensic Architecture very quickly. I was interested in law before design and found a way to combine both. I literally googled ‘legal architecture’ when I was in the process of choosing a focus for my thesis. Before discovering that field, I was doing humanitarian work for disability rights and found emergency and forensic architecture as a medium to express myself and help people. Traditional architecture was too slow for me, I wanted to go out on the field, investigate, combine journalism, research, design, humanitarian and investigation work and forensic architecture made that possible.

6.    A former top-ranked ITF and WTA professional tennis player, you travelled extensively in your career – where are your favourite places? And how did you end up as an actress from this profession?

Without a doubt Mexico and Costa Rica! I always felt most comfortable playing in these two countries, the tournaments were some of the most organised I have seen and they always took really good care of the players. Mexico and Costa Rica have a special place in my heart as I spent many Christmases and New Year’s Eves there as a teenager and always felt at home. It is also where I learned my first words of Spanish and discovered Latin American culture, which I fell in love with.

7.    Finally – how are you finding living in London? It must feel very different to Mexico – or are there similarities in the places and people?

I love living in London and it feels like home now.  I do miss Latin America very much, its people, language, food, music…  London is very international so I have friends from all over the world and I still get to speak to my Mexican friends everyday. I have a lot of Latin American and Mediterranean friends here.

What has helped me stay connected to Latin America is definitely its food and the music. I still listen to Latin music everyday at home and have my favourite places around town for a dose of quesadillas, chicharón and guacamole. I have been missing my tortillas de Nopal and Tajin though, which I am yet to find in London!  London feels like a combination of small villages, just like Mexico City. People have been very welcoming and it’s always busy, so it hasn’t been hard to adapt.

8.    What’s the most exciting thing you find about London, having recently moved there?

One of my favourite things about London are its museums! The number of free exhibitions, the diversity of people, its streets…  I am still discovering the city every day. It is a great place to access anywhere in the world, I can go and see my family in France and go back to Mexico very easily. I love being able to experience both city and country life.

Finally, what’s next in the world of Sarah Barlondo?

 I am excited to have 2 movies coming out in 2020; Wonder Woman 1984 and Framed. I am auditioning for a couple of new projects, travelling for press and hope to be able to share more soon. 

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Haldex streamlines the manufacturing of brake adjusters

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Haldex streamlines the manufacturing of brake adjusters

Move of production from US to Mexico.

Commercialvehicle brake and suspension manufacturers Haldex will continue to streamline the production of brake adjusters by moving the production from the United States to Mexico. The process began in 2018 when machining of brake adjusters in the US was moved to India. In a final step, the assembly is now being moved from the plant in Blue Springs (Missouri), USA to Mexico. Brake adjusters are Haldex’s largest product and they will from now on be manufactured in China, India, Hungary, Brazil and Mexico.

By co-locating the production of brake adjusters with the production in Mexico, Haldex’s largest production facility globally, and thereby producing more products in one facility, economies of scale are achieved. The manufacturing cost in Mexico is also significantly lower than the cost in USA. The cost saving is estimated at SEK 25 million on an annual basis, once the move is fully completed. A total of 154 employees are affected, of which a few will be offered new positions within Haldex’s US operations. The move will start immediately and will be completed during the fourth quarter of 2020.

During the fourth quarter of 2019, earnings will be impacted with SEK 27 million as one-off costs related to the change in production.

Haldex has the financial target of reaching ten percent operating margin in 2022, excluding investments in new technology. During the second quarter Haldex announced closure of two of its US based Friction centers, resulting in SEK 6,5 million in annual savings and SEK 5 million in one-off costs. 

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