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Sonora expects export recovery in 2021

SONORA – It is expexted that until the first quarter of 2021 an economic recovery will begin in the maquiladora export manufacturing sector of Sonora, although growth of more than 1% is not expected, as the effects of the COVID-19 pandemic...

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Border wall reaches 450 miles

EL PASO – The Donald Trump administration’s border wall has completed the promised 450 miles at the the end of his term and more are expected, said Mark Morgan, Commissioner of Customs and Border Protection (CBP) He said that in El Paso, 130...

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Fabiola Luna assumes the presidency of Index Juárez

JUAREZ – Fabiola Angélica Luna Ávila assumed the presidency of the Associations of Maquiladoras, Index Ciudad Juárez After being selected since the end of November as the new leader of the business organization, she officially took office...

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Nuevo León’s industrial sector seeks to buy vaccines against COVID-19

MONTERREY – The National Council of the Maquiladora and Export Manufacturing Industry in Nuevo León (Index) reported that since November export manufacturing companies have shown interest in applying vaccines to their collaborators against...

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Maquiladoras plan expansion in Juárez

JUAREZ – At least seven maquiladora companies already established in Ciudad Juárez plan to expand their operations in 2021 Pedro Chavira, former president of Index Juárez, said that altogether around 5,000 jobs are expected to be created as...

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Nuevo León’s industry recovered in November

MONTERREY – After investment in machinery, equipment or construction was the lowest in May with 13%, in November 2020 it had significant recovery, with 24%, according to the Caintra Manufacturing Expectations Survey The historical average of...

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Nuevo León’s energy sector will bet on solar energy in 2021

Monterrey – In 2021, the energy sector will bet on the less regulated segments such as distributed generation and solar panels for commercial and industrial use, said Amado Villarreal González, general director of the Nuevo León Energy...

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Nuevo León could achieve a growth of 5% of GDP in 2021

NUEVO LEON – The Secretary of Economy and Labor of Nuevo León, Roberto Russildi Montellano, estimated that the Mexican economy could achieve a growth of 35% of the Gross Domestic Product (GDP) and Nuevo León could grow 5% of its GDP, mainly due...

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Taiwan Semiconductor launches US$38 billion Phoenix presence by signing major lease

PHOENIX – Less than one week after Taiwan Semiconductor Manufacturing Company (NYSE: TSM) secured 1,129 acres of land to build a US$12 billion factory in North Phoenix, the company moved forward with its official market entry with a...

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