News

BMTS Technology invests US$100 million in Coahuila

RAMOS ARIZPE — BMTS Technology, a German manufacturer of turbochargers for cars and trucks made  an investment of US$100 million and inaugurated its new facility in Ramos Arizpe in an event led by the minister of Government of Coahuila, José...

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Farmacias del Ahorro plans its expansion in Nuevo León

MONTERREY – Farmacias del Ahorro has growing plans, and this year will open another branch in Monterrey This chain has 1,600 pharmacies nationwide, of which about 25 are in Monterrey¾considered one of the main places for its expansion...

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Grocery sales go up 9.6% in Nuevo León

NUEVO LEON – The commercialization of groceries in the Northern region of the country¾including Nuevo León¾increased 96% during the month of July, slightly below the national increase of 10%, reported the National Association of Wholesale...

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VVC to invest US$4 billion in Samalayuca

JUAREZ CITY – The Canada-based mining and exploration company VVC Exploration Corporation (VVC), will invest US$4 billion in Samalayuca, Juarez in order to start cooper explorations in the Gloria Pit next year where only the municipality's...

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Coahuila, leader in foreign investment per capita

SALTILLO – Coahuila’s economy is strong, and proof of this is the entity’s national leadership in foreign investment per capita, the first in labor formality, and the sixth in competitiveness, said Jaime Guerra Pérez, Secretary of Economy in...

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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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