News

Mexicali has a large binational market

MEXICALI – Mexicali has an economic potential due to its binational context, "I had never seen the conditions that exist today," stated the economic promoter, Xavier Rivas "But it must be said, it is necessary to take manufacturing to another...

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Public transportation strike causes losses of US$30 million

MONTERREY – A public transportation strike in Monterrey represented a severe economic blow to Nuevo Leon's industry and commerce with losses of US$30 million Representatives of Caintra, Canaco, Coparmex and Consejo Cívico detailed that 38% of...

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New Mexico investors see future in state's hemp industry

ALBUQUERQUE – The move to legalize the production of hemp has investors in New Mexico racing to get a piece of what could be a multibillion-dollar industry Business leaders are hurrying to capture part of what cannabis market research firm New...

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60% increase in solar energy use is expected in Nuevo Leon

NUEVO LEON – This year, the use of solar energy by industry and commerce could live its best moment in Nuevo Leon, driven by savings of up to 65% and a scenario where electricity rates and natural gas increase Juan Pablo Robert, Enlight's...

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Mattel to increase its production in Monterrey

MONTERREY – Mattel announced the cutting of 2,200 jobs and the closure of its plants in the country during 2018 However, the company decided to consolidate the operations of the plant in Tijuana and Monterrey in a single mega plant located in the...

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Sonora's manufacturing industry grows

SONORA – Although Sonora’s manufacturing industry grew in real terms by 65% in February this year, it is still considered to be in a process of stalemate The manufacturing industry showed a good performance in February 2019, after all of 2018...

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Mexico flags U.S. border delays as detrimental to both countries

MEXICO – Mexicos Foreign Ministry said that speeding up the flow of goods on the border is a matter of urgency and that slowdowns are detrimental to both economies after bottlenecks have held up trade following a row over migration Delays along...

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Mexico is now the largest U.S. trading partner

MEXICO – The President Donald Trump has threatened to rip up NAFTA To shut the border with Mexico To impose tariffs on the thriving car industry in Mexico “They’re killing us on jobs and trade,” he said as a candidate And yet, two years...

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Intel annual report shows increase in New Mexico’s jobs, capital investment

RIO RANCHO – Intel just released the report, in keeping with the company’s industrial revenue bond lease agreement Sandoval County plant was not investing in manufacturing operations, but rather pursuing technology development to create new...

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New Mexico ERB allocates US$100 million to infrastructure co-investment programme

NEW MEXICO – New Mexico Educational Retirement Board (NMERB) has approved US$100 million of new capital for infrastructure co-investments, managed by CBRE Caledon NMERB has been making direct co-investments since 2013, committing US$85 million at...

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