News

Several companies leave Ciudad Juarez

CIUDAD JUAREZ – The president of Index in Ciudad Juarez, Pedro Chavira Gutierrez, stated that four maquiladora companies will leave the city in order to move to others parts of the country due to several reasons, such as wages and migration...

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Nuevo Leon and CFE signed an agreement for US$5.2 million

NUEVO LEON – The State Government and Comisión Federal de Electricidad (CFE), signed an agreement by US$52 million in 35 municipalities Ricardo Sandoval Ortega, director of the Northern Gulf Division of the CFE, stated that they’re seeking to...

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New foreign investment arrives to Nuevo Leon

NUEVO LEON – Six high technology companies from US, Europe, Canada and China arrived in Nuevo Leon with an investment of US$80 million, sated Secretaría de Economía y del Trabajo Roberto Russildi Montellano, minister of Economy and Work in...

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Sonora's new housing price increased 7%

HERMOSILLO – The price of new housing in Sonora increased 7% during the first quarter of 2019, which continued its upward trend since 2018, according with numbers of Sociedad Hipotecaria Federal (SHF) “I would say that this percentage, it’s...

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Maquiladora Industry in Ciudad Juarez will generate more jobs

CIUDAD JUAREZ – At least three automotive manufacturers will expand their facilities to generate more jobs Raúl De León, president of Camara Nacional de la Industria de la Transformación (Canacintra) stated that the application of maquiladora...

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Nuevo León is interested in Tamaulipas's hotel industry

CIUDAD VICTORIA – Abdel Gamez Cantú, mayor of Soto la María, Tamaulipas, stated that there is interest by Nuevo Leon’s businessmen to invest in the construction of hotels in the town, in order to achieve a bigger tourist impact  He pointed...

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Nuevo Leon's economy grew 4.2% during the beginning of 2019

NUEVO LEON – Nuevo Leon's economy grew by 42% in the first two months of this year, along with an increase in exports of 58%, revealed state authorities The head of Secretaria de Economía y el Trabajo, Roberto Russildi Montellano, stated as well...

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Beer Industry Contributes US$25.5 Billion Annually to Texas's Economy

TEXAS – A new economic impact study shows America's beer industry contributes US$255 billion annually to Texas's economy and supports 170,200 jobs in the state Jointly commissioned by the National Beer Wholesalers Association (NBWA) and the Beer...

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Nuevo León's rail transport is strategic for the supply chain

MONTERREY – For Cámara de la Industria de Transformación of Nuevo León (Caintra), rail transport is a strategic and integral part of the industry and commerce’s supply chain in the state “Local industry needs a continuous rail service for...

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Newton Running arrives to Monterrey

MONTERREY – The shoes company Newton it’s preparing the open of its new store that will be located in the San Pedro Garza Garcia’s municipality during the second semester of the year, with an investment of US$52,484, stressed Carlos Fernandez,...

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