News

Coronavirus impacting New Mexico oil and gas industry

ALBUQUERQUE – Oil prices are plummeting because of the coronavirus, which is drastically impacting gas and oil production in New Mexico The price for a barrel of oil dropped from about US$50 to US$31, which is the worst the industry has seen...

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JLL sells Tucson Spectrum for US$84 million

TUCSON – JLL Capital Markets announced that it has closed the US$84 million sale of Tucson Spectrum, a 716,704-square-foot, Class A, market-leading, grocery-anchored retail center situated in an infill location in Tucson, Arizona JLL...

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Arizona Self-Driving Truck Pilot Expands UPS Partnership

ARIZONA – Self-driving truck developer TuSimple has expanded its partnership with shipping giant UPS to run more routes as it develops its technology at its main testing facility in Tucson, Arizona The company pointed out, that it will double...

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Zoned Properties, Inc. Is First in Cannabis Industry to Achieve Carbon Neutrality

ARIZONA – Zoned Properties, Inc, an Arizona-based real estate company in the cannabis industry, announced it has become the first organization focused on the regulated cannabis industry to achieve carbon neutrality via validation by the United...

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Texas dairy industry sees gains

TEXAS – The Texas dairy industry contributes US$33 billion to the total economic impact for the country, but the bankruptcies from two major US dairy companies has led to concerns that the industry might be on shaky ground But despite struggles...

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US$18 million was invested in Pesquería

PESQUERÍA – In order to take advantage of the industrial growth of the municipality of Pesquería, Nuevo León, the real estate investment fund MEOR, invested US$18 million for the development of the LogisAll Mexico logistics center This...

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Coronavirus affects the industry in Sonora

SONORA – The industry in Sonora is one of the most affected in Mexico due to the coronavirus in China, as it has caused production delays due to lack of materials, said Gerardo Vázquez Falcón, president of the National Council of Maquiladora and...

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US$25 million will be invested in Tijuana

TIJUANA – The Ministry of Agrarian, Territorial and Urban Development (Sedatu) will allocate more than US$25 million this year for public works in Tijuana This was reported by the head of the federal agency, Román Meyer Falcón, who said the...

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Commerce grows in Chihuahua

CHIHUAHUA – According to data from the National Institute of Statistics and Geography (INEGI), retail trade in the state of Chihuahua showed a growth above the national average at the end of 2019 Revenue from supplies of goods and services of...

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Tijuana ranks second in job creation

TIJUANA  – Tijuana occupies the second place at the national level with greater employment and less underemployment, just below Ciudad Juárez, Chihuahua, according to figures from the National Institute of Statistics and Geography (INEGI) The...

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