News

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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Texas company rejects Marcy Nanocenter site for expansion

TEXAS – Another potential Marcy Nanocenter tenant has slipped through dealmakers’ fingers Texas Gov Greg Abbott announced last week that Texas Instruments will build a new, US$31 billion semiconductor wafer factory in Richardson, Texas, where...

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Facebook hit with US$39 million bill for New Mexico transmission lines

NEW MEXICO – The Albuquerque Journal reported that the Public Regulation Commission ordered Public Service Company of New Mexico to charge Facebook for nearly half the cost of the $85 million transmission project for its New Mexico data center...

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HCAP Partners announces new investment in Mission Healthcare

SAN DIEGO – HCAP Partners, a California-based private equity firm and recognized impact investor, announced its investment in Mission Healthcare, a leading home health and hospice services provider headquartered in San Diego, CA With 10 locations...

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Berry association says industry not affected by U.S. border delays

MEXICO – Mexican berry association Aneberries has said that the industry has not been negatively affected by the delays crossing the US border over the last couple of weeks, despite local media reports that sales had been significantly impacted...

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Pork Industry asking for more border inspectors

US – Long delays at the border coming north, in some cases five-to-ten hours, is raising concerns Mexico might slow commercial traffic headed south Said the National Pork Producers’ President David Herring “We do have a concern…we probably...

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Tlapiani, the first telescope to be designed and built in Mexico

NUEVO LEON – For the first time in history, a telescope that is 100% Mexican in terms of design and construction will be used in major scientific studies and the observation of asteroids The construction of “Tlapiani,” which means guardian in...

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Oil and gas contributed more to the State of New Mexico’s budget

NEW MEXICO – Oil and gas contributed more to the State of New Mexico’s budget this year than ever before, and almost half went to schools across the state In fiscal year 2018, state revenue from the taxes and contributions paid by industry...

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