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California leads state drive for zero-emission fleet transport

CALIFORNIA – This summer, California announced a plan that could significantly reshape all levels of the transportation industry from manufacturing and logistics to electric vehicle charging infrastructure On June 2020, the California Air...

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Alfa Group announces divestment of all Newpek assets in Texas

TEXAS – Monterrey-based holding company Alfa announced that its subsidiary, Newpek, has divested all of its assets in Texas, including wells and leases in the Eagle Ford Shale and Edwards Shale formations, a transaction that has an implied value...

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Coahuila's Foreign Direct Investment falls in 2017-2020 period

COAHUILA – In three of the last four years, Foreign Direct Investment (FDI) in Coahuila has decreased and in the same period the participation of the state in the country's FDI fell, said the Statistical Report on the Behaviour of Foreign Direct...

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Casinos in Chihuahua register losses of US$11.3 million

CHIHUAHUA – Chihuahua's casinos recorded losses of US$113 million, affecting 80% of the jobs generated by the gaming industry, said Aarón Santoyo Escudero, the union's representative in Chihuahua "There have been economic and job losses; of...

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Monterrey launches Invest Monterrey

MONTERREY – In order to attract more investment and business tourism, create more and better jobs, help contribute to the state's economic growth and create business opportunities for local companies, the Consejo Nuevo León, along with the...

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Amazon plans to hire an additional 200 workers at San Diego Tech Hub

SAN DIEGO – Amazon is expanding its footprint in San Diego, adding 40,000 square feet of office space in University City to house 200 additional employees that it expects to hire over the next couple of years The Seattle-based online shopping...

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California ranks sixth in U.S. States’ Foreign Direct Investment from India

CALIFORNIA - California is surpassed only by Texas, New York and New Jersey in the number of Indian companies with offices in the state, but ranks sixth in the amount of foreign direct investment, according to a report by the Confederation of...

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COVID-19 Restrictions Curtail Cross-border Tourism

By Nancy J Gonzalez COVID-19 restrictions such as the non-essential travel ban between Mexico and the US as well as business closures have left border cities economically paralyzed Hotels, stores, restaurants, dental offices, and drug stores...

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Mexicali Continues Southbound Border COVID Checkpoints

MEXICALI – Mexicali Police Chief Alejandro Lora Torres said southbound COVID-19 checkpoints will continue for drivers entering Mexicali Residents in Calexico and Mexicali have complained the COVID checks slow traffic and business in the border...

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José Zozaya is appointed as executive president of AMIA

MEXICO – José Zozaya, former CEO of Kansas City Southern of México (KCSM) was appointed this Monday as the new executive president of the Mexican Association of the Automotive Industry (AMIA) He’s now replacing Eduardo Solís, who left...

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