Mexico renews fiscal pact on maquiladoras with the U.S.
MEXICO – Mexico and the United States renewed a tax agreement on the maquiladora regime to avoid double taxation. The…
FDI falls 9.9% due COVID-19
MEXICO – Mexico has received US$23.5 billion of Foreign Direct Investment (FDI) in the third quarter, a fall of 9.9%…
Mexican sugar industry will have limited exports
MEXICO – The sugarcane industry in Mexico was the “big loser” of the Mexican countryside since 2012, since the last…
Ensuring Upturn Readiness Globally through Multi-Tier Collaboration and Blockchain
GlobalAutoIndustry.com’s latest Audio Interview “Ensuring Upturn Readiness Globally through Multi-Tier Collaboration and Blockchain” features Rick Diefenderfer. Mr. Diefenderfer has been…
Inzi Display will generate new jobs in Tijuana
TIJUANA – The expansion in Tijuana of a plant of the Korean corporate Inzi Display, will generate one hundred new…
Partial border closure extended
JUAREZ – The new order extending the restriction on non-essential crossings between the United States and Mexico has caused grief…
Nuevo Leon stands out in vertical housing
MONTERREY – The vertical housing market in Nuevo Leon is resilient, so it is expected to continue growing, not only…
Gilsa invested US$7.4 million in Monterrey
MONTERREY – Gilsa invested US$7.4 million in the opening of two new stores in Monterrey and Mexico City, expanding its…
IKEA will open its first store in Mexico City during the first months of 2021
MEXICO CITY – The popular company of Swedish origin Ikea announced that the opening of its first physical store in…
Industry in Nuevo LeĂłn begins to recover from the pandemic: Caintra
19 November, 2020MONTERREY – The main indicators of local manufacturing which expanded during the month of October were: the physical volume of…
After a holiday, BMV closes at its best level since March
19 November, 2020MEXICO – The Mexican Stock Exchange (BMV) closed the session this Tuesday with an advance of 2.84 due to an…
Aeroméxico will lay off 1,230 workers
19 November, 2020MEXICO – The Southern District Court of New York authorized Grupo AeromĂ©xico to lay off 1,230 workers, according to two…
The digital transformation of Mexican companies falters in the face of COVID-19
19 November, 2020MEXICO – The Covid-19 pandemic has left a fertile field for the adoption of technologies among many Mexican companies. However,…
Employment catches its breath, but lags persist
18 November, 2020MEXICO – Employed personnel in Mexico increased in the third quarter and 58% of the jobs lost due to the…
Xcel adds US$65 million transmission line in New Mexico
18 November, 2020EDDY COUNTY – A multi-million-dollar transmission line in Eddy County was completed by a major utility provider in the area…
Pollmann invests US$4.45 million in Guanajuato
18 November, 2020SAN MIGUEL DE ALLENDE – With the arrival of the Austrian company of vehicle locks, POLLMANN, there are now 4…
CKD invests US$13 million in Texas
18 November, 2020AUSTIN – Gov. Greg Abbott earlier this month announced CKD had picked Central Texas for its first U.S. production site,…
Peter Tempel, Germany Ambassador to Mexico
18 November, 2020Editor’s Interview Would you like to start by sending a message about how the world is changing by the COVID-19…
Halicop carries out expansion at its production plant in Baja California
18 November, 2020TIJUANA – The expansion in Tijuana of a plant of the Korean corporate Inzi Display, will generate one hundred new…
Proposed US$3.3 billion gasoline plant in southern Arizona halted
18 November, 2020CASA GRANDE, AZ — Construction of a proposed gasoline plant in southern Arizona that would have generated more than 2,000…
