Category: Business

A massive new rail yard for Texas

Union Pacific Railroad recently began construction of its Brazos Yard in Robertson County, Texas The US$550 million rail yard represents the largest capital investment in a single facility in the company’s 155-year history, the company...

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Chihuahua seeks to keep up a joint supply chain with the U.S.

CHIHUAHUA – The COVID-19 pandemic is keeping Chihuahua's maquiladora industry uncertain, as the sector seeks to maintain supply chains with the United States despite government measures to suspend non-essential activities The president of the...

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Monterrey to allocate US$1.8 million to MSMEs

MONTERREY – The mayor of Monterrey, Adrián de la Garza Santos, announced that they will allocate US$18 million of their own resources to support around 5,000 micro, small, and medium-sized enterprises (MSMEs) that are struggling to maintain...

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Construction industry is paralyzed

CIUDAD JUAREZ – The placement and construction of new homes was stopped entirely due to the health contingency caused by Covid-19 Sergio Ibarra, president of the National Chamber of the Industry of Development and Promotion of Housing...

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Industry in Sonora will lose around US$150 million

SONORA – Around US$150 million could lose the maquiladora industry in Sonora alone due to the health emergency caused by COVID-19 Gerardo Vázquez Falcón, president of the Maquiladora Industry and Export Manufacturing (INDEX) in Sonora,...

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Grupo Cementos de Chihuahua stops operations

CIUDAD JUAREZ – The three plants of Grupo Cementos de Chihuahua (GCC), and nine of Interceramic, will close their operations for a month, resuming work until May, as they are not considered as companies with essential activities during the...

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Suppliers could lose US$55 million due to work stoppages

CIUDAD JUAREZ – Ciudad Juárez’s maquiladora industry consumes an average of US$55 million per month in the national market, which is at risk if companies are stopped during the health emergency According to data from the National Institute...

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Work stoppage continues in companies in Coahuila

COAHUILA – Four different Tier 1 and 2 supply companies of the terminal automotive industry will stop their operations; this due to the technical stoppages that General Motors will initiate in Ramos Arizpe and Fiat Chrysler Automobile Gilberto...

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Chihuahua will cancel state investment plan due to Covid-19

CHIHUAHUA – Chihuahua’s investment plan will be cancelled due to the Covid-19, so an economic emergency plan will be built for the entity, said Chihuahua state governor Javier Corral Jurado The governor stressed that this plan aims to...

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New program to benefit both at-risk families and local restaurants

EL PASO – Texas Gov Greg Abbott announced the creation of the Comfort Food Care Packages program in response to the coronavirus pandemic The program is a partnership between the Governor's Public Safety Office, the Texas network for Family and...

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