News

Sonora seeks to increase its production of wheat flour

CIUDAD OBREGÓN – As part of an intended diversification to reduce water consumption, the Association of Farmers’ Organizations of South Sonora (Aoass) will bet this year on an increase in flour wheat Flour wheat is the only one that is...

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IMSS will invest US$436 million in Coahuila

SALTILLO – The Mexican Social Security Institute (IMSS) will invest in 2020 more than US$436 million for infrastructure, the largest budget recorded in the history of this organization This investment will go to clinics, hospitals, ambulatory...

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Apple will invest US$2.5 billion in California

CUPERTINO – Apple will dedicate US$25 billion to combat the housing crisis in California The commitment includes a US$1 billion to build new homes for low to moderate income families, another US$1 billion for mortgage assistance, and US$300...

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Three manufacturing plants will close their doors in Sonora

HERMOSILLO – After 24 years of operation in two cities in the state of Sonora, the manufacturing companies of the Cactex and Alstyle textile industry will close their three plants, which will result in a cut of nearly 2,000 jobs Gerardo...

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Cummins prepares to shift operations to Mexico

CIUDAD JUAREZ – United States automotive manufacturer Cummins has confirmed that it will move some of its operations from China, India and Brazil to Mexico The decision was made to meet stipulations in the United States-Mexico-Canada Agreement...

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Coahuila will stop receiving US$20 million for Fondo Minero

COAHUILA – At least 15 municipalities in Coahuila will stop receiving around US$20 million, since the Mining Fund will be eliminated from 2020 onwards, Senator Verónica Martínez said The senator of Coahuila reported that this occurred despite...

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Shimtech Composites invests US$20 million in Sonora

HERMOSILLO – Shimtech Composites opened its new plant in Sonora, which will be responsible for assembling air craft parts for companies like Boeing and Bombardier The company presented this project that is already in operation with an...

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US$15 million will be invested in Monterrey

MONTERREY – With an investment of US$154 million, the first assembler for green buses will be installed in the municipality of El Carmen, which will have the capacity to produce 4,800 units annually, as reported by the governor of Nuevo León,...

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Nuevo León seeks to add more municipalities to the tax incentive order

MONTERREY – The requirement sent to the Ministry of Finance and Public Credit (SHCP) to extend the tax stimulus decree in the border region seeks to incorporate 10 municipalities in Nuevo León that are currently not included in the free zone,...

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Gas prices fall for 17th in San Diego County

SAN DIEGO — The average price of a gallon of self-serve regular gasoline in San Diego County dropped for the 17th consecutive day, decreasing 15 cents to US$$4066 According to figures from the AAA and Oil Price Information Service, the average...

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