Category: Investment

US$40 million will be invested in Pharr port

PHARR – An expansion project of the Pharr-Reynosa International Bridge leading into South Texas is expected to add dozens of new inspection stations and increase the processing of commercial vehicles, particularly agricultural trucks that...

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Construction of suburban train in Monterrey moves forward

MONTERREY – The Monterrey-Garcia airport suburban train project, which will cost close to US$879 million, continues moving forward With resources already transferred by the Ministry of Communications and Transport (SCT), the government of...

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Home appliance industry forecasts investment of US$700 million

NUEVO LEON – Nuevo León's Electrical Appliances Cluster (CLELAC) announced the return of its annual business meeting, with a potential outlay of US$700 million, almost the budget allocated in 2020 for Culture or the Legislative...

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Constellation Brands Seeks Coastal Location in Baja

By Wendy Fry The United States beverage company Constellation Brands is exploring moving its unfinished brewery plant from Mexicali to Baja California’s coastal zone where it can produce and use desalinated water to make beer, according to Gov...

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Nanomoneo establishes biotech operation in Tucson

TUCSON – After a competitive, multi-state process, Nanomoneo, a biotechnology instrument company, announced today that it has selected the University of Arizona Center for Innovation in Tucson, Arizona for its new applied research...

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Arizona Custom Blends buys Tempe industrial facility

ARIZONA – JLL Capital Markets announced that it has closed the US$775 million sale of and arranged US$118 million in financing for a 141,000-square-foot industrial distribution and warehouse facility in the Phoenix-area community of...

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IMSS will invest US$378 million in Coahuila

COAHUILA – During a video conference between the president of the Consejo Lagunero de la Iniciativa Privada, Bernardo Murillo Samper and the president of the Cámara Nacional de Desarrolladores de Vivienda, Jesús de la Garza Acosta, it...

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Chihuahua gets credit for US$91.1 million

CHIHUAHUA – The governor of Chihuahua, Javier Corral, said that the head of the Ministry of Finance and Public Credit (SHCP), Arturo Herrera Gutierrez, committed to support the government of Chihuahua in the restructuring of the credit of...

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LaSen Inc. to invest in New Mexico

NEW MEXICO – A company that inspects oil and gas pipelines from the air plans to expand in southern New Mexico State economic development officials announced that LaSen Inc has been awarded a US$$750,000 grant to build a larger headquarters...

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Motor Car Parts to invest US$200 million in Baja California

TIJUANA –  The US company Motor Car Parts de México (MPA), a leader in automotive components, will invest US$200 million in the expansion of its plants in Tijuana, announced Mario Escobedo, minister of Sustainable Economy and Tourism...

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