News

Santa Fe bond sale achieves US$1.3 million in savings

SANTA FE - Santa Fe recently received AA+/AA ratings from Fitch Ratings and S&P Global for a Subordinated Lien GRT Revenue Refinancing Bond, while all other bonds have been affirmed with the same ratings The New Mexico’s city reported that...

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Texas Manufacturing Activity Increased in November

TEXAS - According to data from the Federal Reserve Bank of Dallas (Dallas Fed), Texas manufacturing activity increased at a faster pace during the month of November According to the manufacturing index, it rose nine points to 274, a reading well...

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Smasung to invest US$17 billion in Texas

AUSTIN, TX – Williamson County Judge Bill Gravell is the first to admit few people had heard of his small town of Taylor in Central Texas before South Korean conglomerate Samsung announced it was building its new US$17 billion chip factory...

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CBRE to expand workforce in Dallas and Richardson

TEXAS - Texas Governor Greg Abbott announced that commercial real estate investment and services firm CBRE will create 460 new jobs and invest more than US$29 million over the next 13 years at its Dallas headquarters It also reported that 550...

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Texas Instruments to begin construction of new plants next year

TEXAS - Texas Instruments Incorporated (TI) announced that it plans to begin construction next year of new plants to manufacture 300-millimeter semiconductor boards (fabs) in Sherman, Texas According to the company, the intention of expanding...

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Texas adds 56,600 new jobs in October

TEXAS - Texas continued to report a decrease in its unemployment rate during October, according to the Texas Workforce Commission (TWC) According to TWC, the seasonally adjusted unemployment rate reached 54%, adding 56,600 total nonfarm jobs...

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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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