News

“Lucid Air” Production to Begin in AZ

Lucid Motors is ready to start the production of its electric vehicle “Lucid Air” in Casa Grande, Arizona The 730,000 SF manufacturing site is getting ready to get the Lucid Air out on the road by early 2021 “We already have the first...

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COVID-19’s Fiscal Ills: Busted Texas Budgets, Critical Local Choices

By Jason Saving Federal Reserve Bank Of Dallas Texas tax revenue on a year-over-year basis plunged by an alarming 49% in April, the first month to fully reflect the economic impact of COVID-19 While tax collections have since partially...

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Business Groups Accuse Baja California Governor of Extortion

BORDERNOW Staff Report Baja California businesses and business groups are accusing the Baja California Governor Jaime Bonilla of extorting payments for water by threatening to cut off services for alleged unpaid bills Multiple businessmen say...

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Tetakawi to open New industrial park in Hermosillo

TUCSON – Manufacturers seeking the benefits of working in Mexico are soon to have an expansive new option for industrial space Tetakawi, the leading provider of services for foreign manufacturing companies in Mexico, is completing...

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Wisconsin Manufacturer picks New Mexico for expansion

SANTA TERESA, NM – Prent Corporation, the world’s leading designer and manufacturer of custom plastic, rigid thermoform packaging for the medical, electronics, and consumer industries, will be opening a new manufacturing facility in...

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Maquiladoras Battle Pandemic & Bureaucracy

By Nancy J Gonzalez The COVID-19 pandemic caused the unthinkable in Mexico: it stopped production lines in maquiladoras For several months, companies have modified their manufacturing facilities, making them more secure for their workers to...

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Cargo Trucks Face 8-Hour Otay Border Waits

More than 3,000 trucks cross daily By Wendy Fry Freight transporters are facing wait times longer than eight hours on some days at the Otay Mesa Port of Entry, possibly because of changes to the traffic lanes initiated by the City of...

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AMLO Actions Inhibit FDI in Mexico

By Nancy J Gonzalez Investors are not happy with the decisions taken by the federal government in Mexico and most of them have held down their plans for new projects and expansion in this country A recent report about the climate for investment...

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Arizona ranks third for economic momentum

ARIZONA – Arizona is ranked third best in the nation for economic momentum, based on a new report by State Policy Reports The report ranks states’ economic momentum based on growth in personal income, employment and population Arizona ranked in...

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New Mexico allocates US$75 million to renewable energy sidecar fund

NEW MEXICO – New Mexico State Investment Council, Santa Fe, committed up to US$75 million to Brookfield Infrastructure Fund IV Renewable Power Sidecar Fund, managed by Brookfield Asset Management, said Charles Wollmann, spokesman for the...

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