Analysts foresee greater certainty for Mexico after Joe Biden’s victory
MEXICO – In the opinion of Luis GonzalĂ, vice president and senior portfolio manager at Franklin Templeton, the arrival of…
Agri-food sector registers a US$9.7 billion surplus
MEXICO – The surplus of the trade balance of agri-food products of Mexico with the world reached US$9.7 billion between…
Texas is ready to distribute COVID-19 vaccine
TEXAS – Texas Gov. Greg Abbott said he expected the first shipment of Pfizer’s touted COVID-19 vaccine to come by…
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
13 November, 2020EL PASO, TX — The El Paso International Airport is slowly recovering from the drop in travelers at the start…
Texas restaurants will not survive
13 November, 2020TEXAS – 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
13 November, 2020MEXICO – 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…