Category: Investment

IDEI to invest US$328 million in Monterrey

MONTERREY – Internacional de Inversiones (IDEI) plans to invest US$328 million to launch 11 projects, six of them vertical housing and five of the horizontal type, in the Monterrey metropolitan area, informed Jorge Martínez, the company's...

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Sonora attracted investment despite pandemic

SONORA – Despite the economic consequences brought by the COVID-19 pandemic, Sonora has registered the arrival of new investments, which are explained by the signing of the USMCA and the settlement near the border with the United States, said the...

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New Mexico council pledges up to US$225 million to 3 funds

SANTA FE, NM – New Mexico State Investment Council, Santa Fe, committed a total of up to US$175 million to two real asset funds and up to US$50 million to a new open-end real estate continuation fund The council committed up to US$100 million...

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Nuevo Leon attracted 10.5% of investment

NUEVO LEON – From January to September, Nuevo Leon generated in flow an investment of US$24 billion, which represented 1058% of the total Foreign Direct Investment (FDI) in the country, of US$234 billion, due to the reopening of the economy and...

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Coppel and Vesta will invest US$32 million in Monterrey

MONTERREY – The department store firm Coppel and the industrial park company Vesta will together invest US$32 million over an initial period of 10 years to develop a new distribution center in Monterrey, which will begin operations in April...

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US$200 million investment to advance clinical programs for Ambrx

SAN DIEGO – A San Diego based biopharma company has raised US$200 million to advance work on its genetics-based therapies, which target cancer, cardiovascular disease and other conditions The investment represents the biggest yet for Ambrx...

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Netflix to expand production hub in New Mexico

ALBUQUERQUE, NM – Netflix plans to establish one of the largest production hubs in North America with an expansion of its existing studio complex in New Mexico and a commitment to an additional US$1 billion in production spending, government and...

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Gilsa invested US$7.4 million in Monterrey

MONTERREY – Gilsa invested US$74 million in the opening of two new stores in Monterrey and Mexico City, expanding its presence in the flooring and tile sector for the medium-high and high segments "This year has gone well for us, our sales are...

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Xcel adds US$65 million transmission line in New Mexico

EDDY COUNTY – A multi-million-dollar transmission line in Eddy County was completed by a major utility provider in the area in response to growth in southeast New Mexico’s oil and gas industry and increasing power needs throughout the...

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CKD invests US$13 million in Texas

AUSTIN – Gov Greg Abbott earlier this month announced CKD had picked Central Texas for its first US production site, but at the time, the location of the facility was not disclosed CKD plant operations are expected to begin in fall 2021 at the...

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