News

Maquiladora industry increased employment in Tamaulipas

TAMAULIPAS – The maquiladora industry in Tamaulipas generated the largest number of jobs in the first quarter of 2021, while commerce continues to contract, according to the State Delegation of the Mexican Social Security Institute (IMSS) The...

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Sonora's agricultural industry is growing

SONORA – The presidents of the National Chamber of the Transformation Industry (Canacintra) in Hermosillo and Ciudad Obregón agreed that food processing has gained importance in the state, especially in pig farming and grain...

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Sonora, leader in the mining industry

SONORA – According to copper production figures, Sonora is the main mining state in the country, with 52,405 tons, which represents 8065% of the national production, and gold with 3,155 kilograms, which is 3096% of what was produced in the...

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Caxxor Group to invest US$300 million in Coahuila

COAHUILA – Caxxor Group announced the development of two industrial parks in Coahuila, each with an investment of US$150 million, which will be integrated to the well-known T-MEC Corridor Carlos Ortiz, CEO of Caxxor Group, met with Miguel...

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Secretariat of Productive Public Investment is created in Coahuila

COAHUILA – The Governor of Coahuila, Miguel Ángel Riquelme, informed that the recently created Secretariat of Productive Public Investment has appointed Gerardo Alberto Berlanga Gotés as head of said agency  This was announced on the...

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Ford will stop its production in Hermosillo

HERMOSILLO – The Ford plant in Hermosillo, Sonora, will stop production from May 3rd to 17th in its two shifts, due to a shortage of components Details of the Ford work stoppage were revealed by Reuters, which was shared among Ford's union...

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Nuevo Leon ranked first in new housing sales

MONTERREY – In January 2021, Nuevo Leon ranked first in the new housing segment with 2,515 units, 10% less than in the same month of the previous year According to figures from the National Housing Commission (Conavi), new home sales in the...

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Enel Green Power starts operations in Nuevo León

NUEVO LEON – Enel Green Power began operations at the 269 megawatt (MW) Dolores wind farm in the municipality of China, Nuevo León, with an investment of US$290 million This plant will be able to produce 938 gigawatt hours (GW/h) annually, which...

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FDI in Northern Mexico Plummeted in 2020

By Nancy J Gonzalez The geographical location as well as the expertise of the manufacturing companies in Northern Mexico are no longer enough to attract Foreign Direct investment (FDI) to the region In the last two years, FDI in this region has...

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The New Normal Is Changing the Real Estate Sector in Chihuahua

BORDERNOW Staff Report The COVID-19 pandemic changed the dynamic on Chihuahua’s real estate, with mixed results While some subsectors are thriving such as the housing, industrial, and warehousing, others like malls and entertainment venues...

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