News

Ford in Hermosillo celebrates 35 years of operations

HERMOSILLO – With an initial investment of US$306 million and an initial production capacity of 130,000 units per year on average, 35 years ago, Ford inaugurated the first automotive plant in the state of Sonora: Ford Hermosillo Currently, the...

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Hermosillo bets on solar energy

HERMOSILLO – Hermosillo seeks to be the first municipal government to make a radical transition to clean energy The plan aims to save up to US$7 million, said Mayor Antonio Astiazaran Gutierrez "We will use solar energy to supply electricity...

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SPACs: An Alternative for Auto Suppliers and Companies to Go Public in the U.S.

What is a SPAC, and what is the reason for looking into SPACs Is there an advantage for using a SPAC, which is US-based, as opposed to one located in a different country  What are the company requirements for merging with a SPAC, and how many...

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General Motors would no longer invest in Mexico

MEXICO – If Mexico does not have renewable energies and a legal framework focused on sustainability, it will cease to be an investment destination in the short and medium term for General Motors and other companies, warned its president and CEO,...

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California Announces First Broadband Projects to Bridge the Digital Divide

CALIFORNIA - In an attempt to bridge the digital divide in California, California Governor Gavin Newsom announced that 18 projects have been identified to begin work on a half-mile open access network that will provide the missing infrastructure...

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California created more than 96,000 jobs in October

CALIFRONIA - During the month of October, California created 96,000 new jobs, which keeps the state on track to recover the jobs lost between March and April 2020 due to the pandemic According to figures presented by California Governor Gavin...

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New Mexico announces plan to cut gross receipts taxes

NEW MEXICO - New Mexico Governor Michelle Lujan Grisham announced that she is contemplating a statewide cut in gross receipts taxes This cut would be the first in decades, as part of the legislative agenda items for the next session in 2022; the...

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El Paso prepares to host second edition of Binational Tourism Connection

EL PASO - From December 1 to 3, El Paso, Texas will host the second edition of the Binational Tourism Connection event, with the intention of promoting and boosting business in the tourism sector El Paso City Council informed that the event...

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SMTC expands in Chihuahua

CHIHUAHUA - SMTC, dedicated to the manufacture of electronic boards, opened its second plant in Chihuahua City, with which it expects to increase the distribution of its products in Mexico and abroad The company invested more than US$10 million...

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AMLO and Biden to create border security working group

MEXICO – US President Joe Biden and Mexican President Andres Manuel Lopez Obrador agreed to create a working group on arms trafficking, related crimes and border security, the White House Biden and Lopez Obrador also announced a joint...

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