Category: Investment

USMCA will not affect foreign investment in Tijuana: Sedeti

TIJUANA – According to the Secretary of Economic Development of Tijuana, the United States, Mexico and Canada Agreement (USMCA), will not affect foreign investment in Tijuana The head of Sedeti, Arturo Perez Behr, said that investors will be...

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Bombardier to invest US$136 million in Juarez

CIUDAD JUAREZ – Bombardier Recreational Products, announced the first investment in Mexico of the era of the trade agreement between the United States, Mexico and Canada (USMCA) The Canadian firm will build a plant for the production of...

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JV Acquires US$72 million Phoenix Multifamily

TEMPE, AZ – The joint-venture partnership of FCP and Tides Equities has acquired a 442-unit apartment community in Tempe, AZ in a US$715 million transaction The multifamily community, Tides at South Tempe features studio, one- and two-bedroom...

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Mission to open massive Texas avocado center

OXNARD – Mission Produce, Inc the world’s most advanced avocado network, announced it has broken ground on a mega distribution center in Laredo, Texas, which will initially create approximately 75 jobs The 262,000 square foot capital...

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US$22 million will be invested in Hermosillo

SONORA – With an investment of around US$44 billion in urban improvement in Cajeme and Hermosillo by Sedatu, the negative impact on Sonora's economy is expected to be mitigated The Secretariat of Agrarian, Territorial and Urban Development...

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Chinese companies looking to settle in Monterrey

MONTERREY – Currently, Chinese companies are seeking to establish themselves in northern Mexico, particularly in Monterrey, with the aim of diversifying their operations and have a closer proximity to the United States, more Chinese investment is...

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US$4 billion will be invested in Sonora

SONORA – An industrial city mega-project is planned in the state of Sonora, where about US$4 billion would be invested, creating about 100,000 jobs Gerardo Vazquez Falcon, president in Sonora of the Maquiladora and Manufacturing...

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Investment in petrochemical sectors falls by 53 % in Tamaulipas

TAMAULIPAS – During the first quarter of this year, investments in gas and gasoline pipelines and petrochemical facilities in Tamaulipas fell by US$516 million, or 53% less than last year, shrinking the value invoiced to...

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TSMC to build chip plant in Arizona

ARIZONA – Taiwan Semiconductor Manufacturing Co is planning to build a multibillion-dollar chip plant in Arizona, a potential realignment of global trade designed to allay US concerns over supply chain security The Taiwanese company is...

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Raytheon Selected for MK 15 Modification Work

Raytheon Missile won a US$1096 million contract modification external link for MK 15 Close-In Weapon System upgrades and conversions, system overhauls and associated hardware Work will take place in Kentucky, Arizona, California, Florida,...

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