News

Foseco invests US$20 million in Coahuila

RAMOS ARIZPE — With an investment of US$20 million, the British brand Foseco, a company dedicated to the foundry sector, belonging to the Vesuvius Group, announced its arrival in Coahuila, after making the installation of its plant in Ramos Arizpe...

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Mexican banana reaches record in imports

CIUDAD DE MÉXICO – US imports of Mexican fresh bananas touched in 2018 an unregistered level since 1993, before the North American Free Trade Agreement (NAFTA) entered into force, with 418,996 tons Mexican exports of this product to the United...

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Nuevo León’s automotive sector increases its installed capacity

MONTERREY – The automotive industry of Nuevo León continues to invest to increase national content, so companies such as Cuprum, Nemak, Ternium, Paulo, and Fisacero are increasing their installed capacity Luis Alberto Rodríguez Mora, director...

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The hotel industry could benefit from the price of the dollar

CIUDAD JUAREZ – The price of the dollar could benefit the hotel industry in Ciudad Juárez, making its cost per night-room more competitive against the price of lodging in El Paso, Texas The average price for renting a room ranges from US$40 to...

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Interstate highway closure will affect exports

CIUDAD JUAREZ – The closure of Interstate 10’s (I-10) exit to Juárez from El Paso will affect the movement of goods from the maquiladora industry on the Mexican side of the border Manuel Sotelo Suárez, president of the Association of...

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Aerospace Clusters are working on an air bridge

QUERETARO — The aerospace industry in Chihuahua, Nuevo León and Querétaro plans to generate an air bridge that speeds up the exchange of parts between companies This initiative is expected to support the constant mobilization of components...

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Xcel Energy will invest US$900 million in New Mexico

ROOSEVELT – With an investment of US$900 million, Xcel Energy New Mexico will create the 522-megawatt Sagamore wind power project in Roosevelt County, New Mexico, which will provide enough clean and accessible energy to supply about 194,000 homes...

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Sonora will have a digital application for garbage collection

HERMOSILLLO – With the aim to more efficiently collect waste, a digital application for monitoring garbage trucks in Sonora will be launched in the coming weeks, which will be available for cell phones The Director of Public Services, Norberto...

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Maquiladora industry increases exports

NUEVO LAREDO – During the first half of 2019, the maquiladora export sector accounted for significant increases in merchandise exports between Mexico and the United States, reflecting in direct jobs and custom operations The president of the...

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Walnut export is affected by trade war

CHIHUAHUA –  Chihuahua’s nogaleros foresee a black outlook after being in the middle of the trade war between the United States and China, since it is not profitable for them to export their nut to the Asian market with North American...

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