News

Chinese Industry to invest in Baja California

With the geographical advantages offered by Baja California, the talent of its people, as well as Mexico's strategy to strengthen the implementation of the Trans-Pacific Partnership Treaty (TPP), more investments of Chinese origin are expected to...

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CNH authorizes US$128 million investment to SMB for well drilling in NL

The Comision Nacional de Hidrocarburos (CNH) authorized investments for US$12849 million to the company Servicios Múltiples de Burgos (SMB) for the development of oil wells in a block of land located in Nuevo Leon The company plans to drill 17...

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Welcome Group collects US$300 million to broaden real estate portfolio

Houston-based Welcome Group, a company that owns more than 85 industrial buildings in Texas, has scored a deal for US$300 million in growth capital from Almanac Realty Investors, so as to boost its real estate portfolio inside and outside of the...

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Smurfit Kappa to expand its production in northern Mexico with a tentative US$50 million investment

The Ireland-based company, Smurfit Kappa, could possibly invest US$50 million in northern Mexico in 2019, which would signify an increase of 41% compared to the average of US$355 million that said company has injected annually during the last five...

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Berry People commences its organic strawberry season in Baja California

Berry People announced the start of its season of organic strawberries in Baja California, Mexico, after having recently completed a successful first year of operations These high-quality strawberries, which are now available in the 8x1lb and...

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Grupo Misión to invest US$7 million in northern Mexico

The Mexican chain, Hoteles Misión, is to invest this year approximately US$7 million in three new hotels located in Chihuahua, Durango and Coahuila Juan Ignacio Espinosa, regional director of Hoteles Misión, assured that the company ended 2018...

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Acciona’s US$349 million photovoltaic plant in Sonora is completed

The Spain-based company, Acciona Energia, has just concluded the construction of its US$349 million solar energy plant in Puerto Libertad, Sonora, in a joint venture project with Tuto Energy The facility, which is set to start operations in the...

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Deitac to analyze possibilities for an Ensenada – Long Beach maritime bridge

As President Donald Trump has made statements about possibly shutting down the border’s garitas if the US Congress doesn’t fund the construction of the iconic wall, the Asociacion de Desarrollo Economico e Industrial de Tijuana (Deitac) is...

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Flex América will invest US$9 million in the expansion of its Altamira production line

Flex América, the subsidiary of the India-based UFLEX, has announced that it is to invest US$9 million in the expansion of its production line in Altamira, Tamaulipas Said company produces biaxial oriented polyester, biaxially oriented...

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IHG to invest US$26 million in Nuevo Leon over Holiday Inn expansions

The hotel chain that manages brands such as Holiday Inn, IHG, is to invest US$26 million in Monterrey, Nuevo Leon, so as to add 378 new rooms to the Holiday Inn & Suites Apodaca and Holiday Inn Express Fundidora buildings Said expansions will...

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