News

Coppel and Vesta will invest US$32 million in Monterrey

MONTERREY – The department store firm Coppel and the industrial park company Vesta will together invest US$32 million over an initial period of 10 years to develop a new distribution center in Monterrey, which will begin operations in April...

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FIBRA Macquarie Had a Resilient Quarter

MEXICO – FIBRA Macquarie México, owner of one of the largest portfolios of industrial and retail property in Mexico, informed that during the third quarter of this year, it signed 14 new and renewal leases, comprising 1 million square feet of...

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U.S. Economy is Mexico’s Lifeline

By Nancy J Gonzalez The US recovery is helping the Mexican economy After the hit of the COVID-19 pandemic, Mexicans living abroad sent more remittances while the demand of vehicles forced the Mexican automotive manufacturing sites to increase...

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Asian Manufacturers Are Looking to Invest at the U.S.-Mexico Border

By Nancy J Gonzalez The new provisions included in the United StatesMexico-Canada Agreement (USMCA) as well as the COVID-19 pandemic and its disruptions to global supply chains have forced manufacturers to reconfigure their operations, and the...

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Energy: Turning Point in US-Mexico Relations

By Nancy J Gonzalez Energy is set to be a conflictive issue in the new US- Mexico relationship, under the new Joe Biden administration While President Donald Trump and Mexican President Andres Manuel Lopez Obrador (AMLO) have favored fossil...

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Abzena Grows in California

CALIFORNIA – Abzena, a leading contract provider of integrated discovery, development and manufacturing services for biologics and bioconjugates, has invested US$60 million into a new manufacturing nerve center at its San Diego site, creating 125...

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Constellation Brands Employees Attacked

MEXICALI – Constellation Brands, the Fortune 500 company that had planned to open a brewery in Mexicali, said its employees have been threatened and intimidated by a group protesting the now halted construction “As of the public consultation...

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Ball Corp. Increases Capacity in AZ

ARIZONA – Ball Corp’s grew more in the third quarter as global demand for its aluminum beverage cans keeps rising, a trend the manufacturer expects to last a few years even as renewed pandemic restrictions kick in around the world, the company...

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Legislator Proposes making Tijuana the State Capital

TIJUANA – A Baja California legislator has proposed changing the capital of the state to Tijuana Currently, Mexicali is the state capital State Assemblyman Miguel Angel Bujanda Ruiz recently proposed arguing Tijuana makes more sense for the...

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Border crossing closed for repairs

EL PASO, TX – The Zaragoza International Bridge will be closed to northbound truck traffic for two weeks to allow for upgrades on the Mexican side “The closure will take place Dec 24 through Jan 3 and trucks headed for the United States will...

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