Pandemic results in US$10 billion in lost revenue for Arizona tourism
TUCSON – The on-going pandemic has unsurprisingly crushed the tourism industry in Arizona. Statewide revenue is down US$10 billion from…
Vector Launch will restart and remain in Tucson
TUCSON – Vector Launch Inc., a micro-satellite launch company founded in Tucson, Arizona in 2016, announced that it will restart…
California investor takes D-FW industrial properties
CALIFORNIA – A California investor has purchased more than a dozen North Texas industrial buildings. Fort Worth-based Fort Capital sold…
Elections in the U.S. lead to capital outflows from Mexico
MEXICO – Caused mainly by uncertainty prior to the U.S. presidential elections, Mexico scored a new outflow of foreign capital…
Texas A&M approves new US$53 million expansion for SA campus
SAN ANTONIO – Texas A&M University-San Antonio plans to invest US$53 million in new a development to house its College…
TSMC to spend US$3.5 billion on Arizona subsidiary
TAIPEI – Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, said that its board has approved funding to…
El Paso International Airport shows slight increase in travelers
EL PASO, TX — The El Paso International Airport is slowly recovering from the drop in travelers at the start…
Texas restaurants will not survive
TEXAS – As states begin to reimpose restrictions on dining due to an increase in coronavirus cases, Texas Restaurant Association…
FEMIA and the AEM sign collaboration agreement
MEXICO – The Mexican Federation of Aerospace Industries (FEMIA) and the Mexican Space Agency (AEM) signed a collaboration agreement for…
Sanhua to invest US$180 million in Coahuila
13 November, 2020RAMOS ARIZPE – In order to expand its operations and become a benchmark in the production of components for the…
Mexico’s Strategic Manufacturing Trends: The Shelter Competitive Advantage
13 November, 2020GlobalAutoIndustry.com’s latest Audio Interview “Mexico’s Strategic Manufacturing Trends: The Shelter Competitive Advantage” features Salomon Noble, CEO for Mexico-based Intermex Industrial…
Mexico recovers more than 200,000 new jobs in October: IMSS
12 November, 2020MEXICO – The job recovery in Mexico during the month of October was 200,641 jobs, equivalent to a monthly rate…
The Mexican peso wins with Biden and Pfizer
12 November, 2020MEXICO – Currently two forces are driving an appreciation of the Mexican peso. On the one hand, the news that…
Baja California, leader in investment and employment generation
12 November, 2020BAJA CALIFORNIA – Thanks to the positive scenario offered by Baja California, in the areas of investment and consequently in…
Kavak invests US$17 million in Monterrey
12 November, 2020MONTERREY – With a US$17 million investment, Kavak, a digital platform for buying and selling semi-new cars, reaffirms its commitment…
Volkswagen de México to invest US$233.5 million in Guanajuato
12 November, 2020SILAO – Volkswagen de MĂ©xico announced today an investment of US$233.5 million for the production of the new EA211 engine…
Industry in Sonora has not fully recovered: Canacintra
12 November, 2020SONORA – The industry has not been able to be fully activated because some companies could not face 90 days…
Nuevo Leon supports SMEs with US$97 million
12 November, 2020NUEVO LEON – The minister of Economy and Labor of Nuevo LeĂłn, Roberto Russildi Montellano, reported that at the end…
Specialists in the aeronautical sector would migrate to other industries
12 November, 2020QUERETARO – The impact the COVID-19 pandemic has had on the aeronautical industry, one of the main manufacturing vocations in…
New Mexico’s outdoor economy grows faster
11 November, 2020SANTA FE, NM – New Mexico’s outdoor recreation economy is outpacing the industry’s growth nationwide, but state officials said that…