Category: Investment

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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A New Train Line in Laredo is on the Way

LAREDO -  Representatives from the US, Mexico, and Canada announced Kansas City Southern will be building a new rail line on both sides of the border This would allow trains to travel over traffic in Laredo for nine miles, alleviating traffic...

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BorgWarner Acquires Delphi Technologies

BorgWarner Inc and Delphi Technologies PLC have entered into a definitive transaction agreement under which BorgWarner will acquire Delphi Technologies in an all-stock transaction that values Delphi Technologies’ enterprise value at approximately...

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