Category: Investment

Chihuahua, leader in gold production

CHIHUAHUA – According to data provided by the Mining Cluster, Chihuahua ranks third in gold production, second in lead and silver production, and fourth as a copper producer Currently, there are 64 companies that are considering new projects,...

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Foreign direct investment could fall up to 20% because of the USMCA

MEXICO – Foreign direct investment (FDI) in Mexico could decrease at least 20% this year, due to the uncertainty created by the ratification of the free trade agreement for North America, warned the Director of Economic-Financial Analysis of the...

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Foseco invests US$20 million in Coahuila

RAMOS ARIZPE — With an investment of US$20 million, the British brand Foseco, a company dedicated to the foundry sector, belonging to the Vesuvius Group, announced its arrival in Coahuila, after making the installation of its plant in Ramos Arizpe...

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Xcel Energy will invest US$900 million in New Mexico

ROOSEVELT – With an investment of US$900 million, Xcel Energy New Mexico will create the 522-megawatt Sagamore wind power project in Roosevelt County, New Mexico, which will provide enough clean and accessible energy to supply about 194,000 homes...

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Milwaukee Tools invests US$86 million in Torreon

TORREON —The governor of Coahuila, Miguel Ángel Riquelme Solís, announced that the Milwaukee Tools company will arrive in La Laguna with an investment of US$86 million The manufacturing company will generate 2,660 jobs and it will start...

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Nuevo León invests US$100 million in public works

MONTERREY – For the remainder of the year there is a budget of US$100 million to tender and execute public works in Nuevo León, and next year the figure would amount to US$553 million, officials of the three government orders indicated On the...

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Nuevo León received US$1 billion in foreign direct investment

MONTERREY – At the end of the first half of 2019, Nuevo León accumulated US$1 billion in foreign direct investment (FDI), of which US$398 million comes from new investments, said the State Ministry of Economy and Labor During this period,...

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BTSD invests US$25 million in the northern border and the Bajío

MEXICO – The developer of industrial buildings BTSD announced the closure of two investments that together total US$25 million in the Bajío and the northern border, as part of its growth strategy in the coming years In Ciudad Juárez,...

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Coahuila obtains investments of US$252 million

COAHUILA – Coahuila reports an investment of US$252 million from local and foreign companies that have decided to settle in the entity because of the advantages offered by the entity, said Jaime Guerra Pérez, secretary of economy of...

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Deitac reports progress in Tijuana’s industrial development

TIJUANA – According to data released by Tijuana Economic and Industrial Development (Deitac), the balance of the first half of 2019 has been positive for Tijuana, achieving 11 investments Carlos Higuera Espiritu, president of Deitac, informed...

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