News

Cross-border operators brace for peak holiday season

MEXICO – Freight deliveries from Mexico to the United States are soaring as the transportation industry enters the peak holiday season With stronger freight demand and higher trucking rates already affecting volumes along the US-Mexico border,...

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New Mexico proposes US$25 million economic stimulus package for tourism industry

SANTA FE – Gov Michelle Lujan Grisham has proposed a US$25 million special appropriation as an economic stimulus package for the New Mexico tourism industry in response to the COVID-19 pandemic The COVID-19 pandemic created widespread...

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Korea Investment buys US$86 million office building in California

CALIFORNIA – Korea Investment & Securities Co has acquired a US$858 million office building in California, the latest in its string of alternative investments in the USThe Korean brokerage house pooled US$36 million from investors, pulling in...

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Navajo energy company to acquire shares in coal power plant

Albuquerque, NM – The Navajo Nation would expand its investment in coal-fired electricity generation as part of a plan to acquire more shares in one of the Southwest’s last remaining coal power plants The Navajo Transitional Energy Co has...

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Meat production increases in Chihuahua

CHIHUAHUA – Due to the drought in Chihuahua, the sacrifice of cattle increased, at the same time that the creation of new traces in the state boosted the slaughter of cattle According to the statistics of cattle slaughter published by the...

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Nuevo Leon's automotive industry is about to recover employment levels

NUEVO LEON – Roberto Russildi Montellano, Nuevo Leon's minister of Economy and Labor, said the automotive industry and its suppliers began to recover the jobs lost due to the pandemic, which are about to reach a recovery In addition, he said,...

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US$3 billion investment will arrive in Baja California

BAJA CALIFORNIA – With the investment retention program carried out by the Sustainable Economy and Tourism Secretariat of Baja California (SEST), this year more than US$3 billion will arrive from investors Mario Escobedo Carignan, Baja...

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Coahuila, attractive for new investments

SALTILLO – Its strategic geographical position, qualified labor force and labor security and peace, are among the main attractions that Coahuila offers national and foreign investors for their installation in the state, said the governor of...

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China Export Controls and AI & Machine Learning Algorithms: Effects on the Global Auto Industry

Quan Bill Yang and Mitch Zajac, both are Associates of Butzel Long’s Detroit office  Mr Yang concentrates his practice in commercial litigation supporting, international merger and acquisition, regulatory compliance, and transactional...

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Chihuahua's finances were the least affected by COVID-19

CHIHUAHUA – Although during the second quarter of 2020 the economy of the country’s 32 states collapsed as a result of COVID-19, Chihuahua was one of the least affected According to the "Quarterly Indicator of State Economic Activity"...

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