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Mexico-based Grupo LALA opens US$14 million plant in Costa Rica
Mexico’s Grupo LALA has inaugurated a US$14 million dairy plant in Costa Rica with the objective of strengthening and supplying…
Queretaro’s GDP to stay the same as last year
Faced with an uncertain environment, where there is still no clarity in the federal programs’ rules of operations, the projection…
CNH authorizes US$128 million investment to SMB for well drilling in NL
The Comision Nacional de Hidrocarburos (CNH) authorized investments for US$128.49 million to the company Servicios Múltiples de Burgos (SMB) for…
Alsea will bring to Mexico the fast food format of Vips España
Restaurant and cafeteria operator Alsea will launch a new format for its Vips brand, which will consist of smaller and…
BlueBay Hotels will invest US$67.7 million in Spain and Mexico until 2020
The general director of BlueBay Hotels, Ramón Hernández, has presented the chain’s growth plan until 2020, which includes among its…
Mexican economy will grow less in 2019 due to U.S. slowdown: ECLAC
Economic Commission for Latin America and the Caribbean (ECLAC) forecasts that by 2019 the Mexican economy will grow at a…
Despite ‘challenging’ environment, Constellation Brands keeps building its Mexicali brewery
Constellation Brands, a company that holds the rights to distribute Cervecería Modelo brands in the United States, keeps ahead the…
French utility company Engie to supply clean energy for Gerdau Corsa plant in Tultitlán
Gerdau Corsa, the Mexican subsidiary of Brazilian steelmaker Mexican Gerdau, has signed a 15-year contract with Engie, a French energy…
Heavy vehicle production hikes 28%; exports rise 29%
Last November, production of heavy vehicles in Mexico totaled 15,740 units, an increase of 28.3% compared to the same period…
By 2020 the fitness industry will grow 300%.
By 2020, the fitness industry estimates a growth of 300%, a business that has become attractive for entrepreneurs and investors,…
Mexico will build 40 solar power plants and 25 wind power plants in a period of three years
According to energy secretary Pedro J. Coldwell, Mexico plans to increase renewable energy generation in the next three years with…
In 2018 foreign investment in Mexico reached US$32 billion
During 2018 the foreign direct investment (FDI) that Mexico received was around US$32,000 million, which leaves the country outside the…
Ford confirms new compact unibody pickup in the works
Ford confirmed that a new compact pickup, smaller than the Ranger, is currently in the works, but it’s still unknown…
Next-gen Mazda3 for the US market will cost nearly US$ 3,000 more than its predecessor
The redesigned Mazda3 which made its debut at the Los Angeles Auto Show in November will go on sale in…
Production of Mercedes-Benz A Class started in Mexico since mid-2018, exec confirms
Jaime Cohen, new president and CEO of Mercedes-Benz Mexico, informed to national media that the company’s plant located in Aguascalientes started the…