Category: Logistics

Constellation Brands to invest US$720 million in Mexico

MEXICO – The US company Constellation Brands announced that it plans to invest around US$750 million in Mexico during 2020, which began on March 1st, 2019 During 2019, it allocated US$886 million to capital expenditures, including US$720 million...

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State government invested US$2.7 million in Ciudad Juárez

CIUDAD JUAREZ – The governor of the State of Chihuahua, Javier Corral Jurado, met in Ciudad Juárez with directors of Banco de Desarrollo de América del Norte (NadBank) and proposed the financing of projects for the state and, in particular, for...

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Nuevo Leon records 4.18% economic growth

NUEVO LEON – Secretaría de Economía y Trabajo of Nuevo Leon revealed that the entity closed 2018 with an economic growth of 418%, compared to an average of 163% nationally The head of the agency, Roberto Russildi Montellano, stated that "the...

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Kärcher invests in Nuevo León

NUEVO LEON – The German manufacturer of cleaning systems, Kärcher, opened its third store in Nuevo Leon, which is located in downtown Monterrey, although the amount of the investment was not disclosed With this opening, Kärcher totals 32 sales...

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UAdeC achieves agreement to create research centers

COAHUILA – Universidad Autónoma de Coahuila (UAdeC) received from the general director of Conacyt, María Elena Álvarez-Buylla, the agreement to promote the next two stages of Centro de Investigación Científica de Cuatro Ciénegas, dedicated...

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Mexicali has a large binational market

MEXICALI – Mexicali has an economic potential due to its binational context, "I had never seen the conditions that exist today," stated the economic promoter, Xavier Rivas "But it must be said, it is necessary to take manufacturing to another...

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Public transportation strike causes losses of US$30 million

MONTERREY – A public transportation strike in Monterrey represented a severe economic blow to Nuevo Leon's industry and commerce with losses of US$30 million Representatives of Caintra, Canaco, Coparmex and Consejo Cívico detailed that 38% of...

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New Mexico investors see future in state’s hemp industry

ALBUQUERQUE – The move to legalize the production of hemp has investors in New Mexico racing to get a piece of what could be a multibillion-dollar industry Business leaders are hurrying to capture part of what cannabis market research firm New...

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60% increase in solar energy use is expected in Nuevo Leon

NUEVO LEON – This year, the use of solar energy by industry and commerce could live its best moment in Nuevo Leon, driven by savings of up to 65% and a scenario where electricity rates and natural gas increase Juan Pablo Robert, Enlight's...

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Mattel to increase its production in Monterrey

MONTERREY – Mattel announced the cutting of 2,200 jobs and the closure of its plants in the country during 2018 However, the company decided to consolidate the operations of the plant in Tijuana and Monterrey in a single mega plant located in the...

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