News

Minimum Wage Doubling Impact at the Border

Even though the minimum wage at 23 Mexican border municipalities is expected to double to $17672 Mexican pesos a day or US$879 starting January 1, 2019, the economic impact would most likely be moderate, since most of the businesses in this region...

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Eaton to Open a Manufacturing Site in El Paso

Ireland-based Eaton Corporation, a worldwide power management company, is opening a design and manufacturing operation in El Paso, Texas The company is committed to invest US$157 million in improvements and equipment at its current facility in this...

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U.S.-China Trade War Might Benefit the U.S.-Mexico Border Region

US tariffs are encouraging companies to move some production out of China Some companies are moving to other Asian countries, but the ones that already have manufacturing sites in northern Mexico as well as in the southern US are planning to...

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Toyota Plant in Tijuana Waiting for Sister Guanajuato Facility

Fourteen years ago, Toyota started its journey in Mexico, in Tijuana, Baja California The border region gave the company the opportunity to have a fast, easy access to the US market Nowadays, Toyota exports 90% of its Tacoma production in Tijuana to...

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Texas Needs Immigration to Grow Its GDP

Immigration and population growth are two trends that allow the Gross Domestic Product (GDP) to grow in Texas The Lone Star State also needs more prepared workforce to attract a variety of industries and to create wealth Recently, the President and...

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Phoenix approved US$230 million investment for its downtown stadium

The City Council of Phoenix approved a US$230 million renovation plan for its downtown stadium that will maintain the NBA's Phoenix Suns in the city until at least 2037 with the option to extend it until 2042 The plan was approved by a 6-2 vote...

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Chihuahua is the national leader in cotton production

Chihuahua occupies the 13th place in cotton production worldwide and the 1st place at national level with more than 1 million tons per year, which are grown in another 6 states of northern Mexico According to Red Chihuahua, in 2018 the number of...

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Juarez to invest in the maquiladora industry

Even when the industrial sector was left out of the border decree of fiscal stimuli, Ciudad Juárez continues to be attractive for new investments in the area The manufacturing companies continue looking at the region’s quality labor and its...

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Manufacturing industry in Nuevo Leon expects to generate 23,000 jobs in 2019

Cámara de Industria de Transformación (Caintra), said that the organization will pay attention to the implementation of various policies and programs that will help generate greater economic and social development Caintra also stressed that for...

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74.5 % of the workforce in Baja California Sur belongs to tourism: Setues

In the last quarter of 2018 there were reported more than 296,000 people working in the tourism sector of Baja California Sur The minister of Secretaría de Turismo, Economía y Sustentabilidad (Setues), Luis Humberto Araiza Lopez, pointed out that...

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