Mexico’s Economy
Kuo invests US$US$91.3 million in Yucatan
YUCATAN – Mexican company Grupo Kuo, through its subsidiary Kekén, started up its pork processing plant in Sahe, Yucatan, which…
Mexico’s GDP falls by 0.4% in third quarter
MEXICO – After four consecutive quarters of recovery, Mexico’s Gross Domestic Product (GDP) decreased by 0.4% during the third quarter…
FDI arrivals to Mexico increased by 5.7%
MEXICO – Mexico captured US$4.14 billion in Foreign Direct Investment (FDI) from January to September 2021, an inter-annual increase of…
Queretaro expects to receive 10 investment projects
QUERETARO – The portfolio of investment projects continues to grow in Queretaro, and 10 investments are expected to be announced…
Mexico, the world’s third largest recipient of remittances
MEXICO – Mexico is poised to become the third largest recipient of remittances in the world this year, receiving US$52.74…
Chip shortage slows Mexico’s industrial activity
MEXICO – Semiconductor shortages slowed Mexico’s industrial activity in September 2021 by falling 1.4% compared to the previous month, revealed…
Aguascalientes closes European investment worth US$64 million
AGUASCALIENTES – The governor of Aguascalientes, Martín Orozco Sandoval, announced new investments for US$64 million from two European companies that…
El Crisol invests US$14.7 million in Queretaro
QUERETARO – El Crisol, a Mexican company that has been operating in Querétaro for 21 years, laid the first stone…
Whirlpool to invest US$25 million in its Apodaca plant
APODACA – The home appliance manufacturer Whirlpool is investing US$150 million in Mexico this year to expand its production capacity….
CCE Puebla expects to close investments for US$100 million
PUEBLA – The Business Coordinating Council (CCE) expects to announce two investments for a total amount of US$100 million, one…
ReNeuvo Group and Gruner sign agreement to promote clean energy in Mexico
MEXICO – ReNeuvo Group and Gruner, leading sustainability companies in the Americas and Mexico, respectively, signed a commercial agreement to…
Aguascalientes prepares trade tour to Japan in 2022
AGUASCALIENTES – During a meeting with Marelli’s Executive Vice President of Global Operations, Bharat Vennapusa, the Governor of Aguascalientes, Martin…
China and South Korea continue to bet on investing in Nuevo Leon
MONTERREY – Kia Mexico, the Hofusan industrial park and Kuka Home Mexico, highlighted their good experience with human capital, and…
Arca Continental invests US$10.5 million in Coahuila
MONCLOVA – Arca Continental, one of the world’s largest Coca-Cola bottlers, inaugurated a new Distribution Center, which will serve more…
Taiwan to bring investment to Mexico
MEXICO – The trade war between the United States and China, as well as the fuel shortage in the Asian…
