Category: News

Nuevo Leon’s economic activity will fall 11.90% this year: Caintra

NUEVO LEON – The Chamber of the Transformation Industry of Nuevo Leon (Caintra), forecasts that the state's economic activity will fall 1190% this year, considering that the disruptions caused by the COVID-19 pandemic were accompanied by an...

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FIBRA Macquarie Had a Resilient Quarter

MEXICO – FIBRA Macquarie México, owner of one of the largest portfolios of industrial and retail property in Mexico, informed that during the third quarter of this year, it signed 14 new and renewal leases, comprising 1 million square feet of...

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U.S. Economy is Mexico’s Lifeline

By Nancy J Gonzalez The US recovery is helping the Mexican economy After the hit of the COVID-19 pandemic, Mexicans living abroad sent more remittances while the demand of vehicles forced the Mexican automotive manufacturing sites to increase...

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Abzena Grows in California

CALIFORNIA – Abzena, a leading contract provider of integrated discovery, development and manufacturing services for biologics and bioconjugates, has invested US$60 million into a new manufacturing nerve center at its San Diego site, creating 125...

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Constellation Brands Employees Attacked

MEXICALI – Constellation Brands, the Fortune 500 company that had planned to open a brewery in Mexicali, said its employees have been threatened and intimidated by a group protesting the now halted construction “As of the public consultation...

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Legislator Proposes making Tijuana the State Capital

TIJUANA – A Baja California legislator has proposed changing the capital of the state to Tijuana Currently, Mexicali is the state capital State Assemblyman Miguel Angel Bujanda Ruiz recently proposed arguing Tijuana makes more sense for the...

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Lear has donated 600,000 masks in Chihuahua

JUAREZ – More than 600,000 masks have been donated by Lear in Ciudad Juarez to the community since the COVID-19 pandemic began Arnoldo Reséndiz, from the Corporate Communications area, commented that each piece has a value of US$125, so the...

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Laredo, TX, expects losses of US$800 million

LAREDO, TX – With the announcement that the US land bridges with Mexico and Canada will remain closed to non-essential traffic until December 21, the local market of Laredo, TX forecasts millions in losses Miguel Conchas, executive president...

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Nuevo Leon stands out in vertical housing

MONTERREY – The vertical housing market in Nuevo Leon is resilient, so it is expected to continue growing, not only in Monterrey, but in several municipalities of this entity, said the firm 4S Real Estate "The real estate sector of the entity...

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Border economy still in flux due to COVID-19

EL PASO, TX – Even as the COVID-19 pandemic keeps the border economy in flux, some sectors show signs of recovery Incoming commercial truck traffic is trending up at Southern New Mexico’s Santa Teresa Port of Entry, where electronic...

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