News

Chihuahua, leader in gold production

CHIHUAHUA – According to data provided by the Mining Cluster, Chihuahua ranks third in gold production, second in lead and silver production, and fourth as a copper producer Currently, there are 64 companies that are considering new projects,...

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Foreign direct investment could fall up to 20% because of the USMCA

MEXICO – Foreign direct investment (FDI) in Mexico could decrease at least 20% this year, due to the uncertainty created by the ratification of the free trade agreement for North America, warned the Director of Economic-Financial Analysis of the...

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Christmas accelerates plants' production in Ciudad Juarez

CIUDAD JUAREZ – The gifts that millions of people will open at home this Christmas are being made in Ciudad Juárez Information provided by the National Council of the Maquiladora and Export Manufacturing Industry, AC (INDEX) in Juárez shows...

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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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