News

El Paso Electric sale to JPMorgan-tied investment fund scheduled to become final

EL PASO – El Paso Electric's pending for US$43 billion sale is expected to become final as soon as the Nuclear Regulatory Commission reviews some ownership issues tied to the buyer The electric utility and the buyer, the JPMorgan Chase-tied...

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Yaquis maintain highway blockade in Sonora

SONORA – Indigenous Yaqui people in Sonora lifted a 12-day rail blockade after reaching an agreement with the federal government but are still blocking traffic on a highway that runs to the Mexico-United States border A group of Yaquis blocked...

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Hydrogen should be the next big energy business for Texas

TEXAS – A recent industry-commissioned study predicts that hydrogen will be a US$130 billion business by 2030 in the US Hydrogen has already created more than 500,000 new jobs worldwide, and now China is reportedly investing US$17 billion,...

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Medical Industry grows in Baja California

TIJUANA – The medical industry is the one that has grown the most in the region during the COVID-19 pandemic, due to the growing demand for devices and supplies that the international market is experiencing, so the Ministry of Economic...

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Coahuila lost 5.5% of its formal employment in May

COAHUILA – From May to June, Coahuila's processing industry was the most affected in terms of job losses, while the entity, during the time of the pandemic has lost 55% of its formal employment, according to figures from the Mexican Social...

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Railroad blockade affects industry in Sonora: AMF

SONORA – The railroad blockade in Sonora has affected several industries, such as automotive, cement, steel, mining and agriculture, said the Mexican Association of Railways (AMF) The AMF reported that the blockades on the railroad tracks by...

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Manufacturing staff in Chihuahua fell by 5.8%

CHIHUAHUA – The manufacturing sector recorded a fall of 58% of staff employed during the month of May, so returning to the red light in the state of Chihuahua would represent a major damage to the industry, said Francisco Santini, president of...

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Consumer Mobility and Dealership Retail Trends: International Investment Opportunities

GlobalAutoIndustrycom’s latest Audio Interview “Consumer Mobility and Dealership Retail Trends: International Investment Opportunities” features Brodie Cobb  Mr Cobb is Founder and CEO of San Francisco-based The Presidio Group, a private...

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Retail sales decrease in Chihuahua

CHIHUAHUA – As a result of the period of confinement, retail revenues fell in May of this year, along with staffing levels According to the "Monthly Survey on Commercial Enterprises" published by the National Institute of Statistics and...

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Nuevo Leon's industry reactivates in June

NUEVO LEON – During June, Nuevo Leon's industry "saw a light on the road", as some of its indicators began to increase, although not yet to the extent of expansion In its latest report of economic expectations on manufacturing, Caintra...

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