Category: Investment

Wisconsin Manufacturer picks New Mexico for expansion

SANTA TERESA, NM – Prent Corporation, the world’s leading designer and manufacturer of custom plastic, rigid thermoform packaging for the medical, electronics, and consumer industries, will be opening a new manufacturing facility in...

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AMLO Actions Inhibit FDI in Mexico

By Nancy J Gonzalez Investors are not happy with the decisions taken by the federal government in Mexico and most of them have held down their plans for new projects and expansion in this country A recent report about the climate for investment...

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Billions to be invested in border wall in Laredo, TX

LAREDO, TX - Two construction contracts valued at nearly half a billion dollars have been awarded to build 40 new miles of border wall in the South Texas city of Laredo, US Customs and Border Protection officials announced Wednesday A...

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Doña Ana County received a US$1.3 million subsidy

DOÑA ANA – A total of $13 million was awarded to Doña Ana County, in conjunction with the New Mexico Border Industrial Association, in order to pay for the design of an overpass for Industrial Avenue to pass over the Union Pacific Railroad...

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Sam’s Club invested US$12.2 million in Juarez

JUAREZ – With an investment of US$122 million and the creation of 220 direct jobs, Sam's Los Bravos opened its doors Rubén López Soriano, director of operations of the commercial chain in Mexico, highlighted that the area of Las Torres, in...

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US$24 million will be invested in Tijuana

TIJUANA – According to the Ministry of Infrastructure, Urban Development and Territorial Reorganization (Sidurt), the Government of Baja California will invest a total of US$24 million in works for Tijuana this year The head of the agency,...

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UTEP cancels purchase of Asarco’s land

EL PASO – Plans to purchase the land where the Asarco smelter was located were discarded by the Board of Regents of the University of Texas System, due to disagreements with the final cost of acquisition, reported the University of Texas at El...

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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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