Baja California’s aerospace sector is hard hit by FDI outflow
BAJA CALIFORNIA – Figures from the Ministry of the Economy for the quarters of 2019/I to 2020/I indicate that the…
Grupo Aeroméxico to obtain DIP Financing
MEXICO – As part of its financial restructuring under Chapter 11 of the United States Bankruptcy Law, Grupo AeromĂ©xico is…
Mexican exports increase 75.6% during June
MEXICO – Mexican exports rebounded during June, after two months with historical falls, and were driven by the economic reopening…
Nuevo Leon launches a call for the National Energy Innovation Award
MONTERREY – To face the challenges brought by the COVID-19 pandemic, the Nuevo Leon Energy Cluster launched the call for…
Mexican exports increased in June
MEXICO – After four setbacks caused by the COVID-19 pandemic, the country’s exports increased 75.57% per month during June, an…
New investments planned for Juarez: Index
JUAREZ – Despite the difficulties faced by the maquilas due to the COVID-19 pandemic, at least three companies are planning…
It will take 2 years for México to recover from the pandemic: Banxico
MEXICO – A study by Banco de MĂ©xico, carried out by Deputy Governor Gerardo Esquivel, anticipates that it will take…
Texas will apply tests against COVID-19
LAREDO, TX – The National Institute for Health Research (NIH), aware that the effectiveness of a vaccine for at-risk populations…
Grupo Tacna to invest US$47 million in Baja California
TIJUANA – Ross Baldwin, CEO of Grupo Tacna, together with Ossie DĂaz, Director and legal representative of the company, held…
Pemex loses US$ 2 billion during 2020 2Q
28 July, 2020MEXICO – The state company PetrĂłleos Mexicanos (Pemex) said in a statement that it registered a loss of US$2 billion…
Texas A&M facility to produce COVID-19 vaccine
28 July, 2020TEXAS – A bio-manufacturing center at Texas A&M University in College Station has been tapped to mass produce a COVID-19…
El Paso Electric sale to JPMorgan-tied investment fund scheduled to become final
28 July, 2020EL PASO – El Paso Electric’s pending for US$4.3 billion sale is expected to become final as soon as the…
Yaquis maintain highway blockade in Sonora
28 July, 2020SONORA – Indigenous Yaqui people in Sonora lifted a 12-day rail blockade after reaching an agreement with the federal government…
Hydrogen should be the next big energy business for Texas
28 July, 2020TEXAS – A recent industry-commissioned study predicts that hydrogen will be a US$130 billion business by 2030 in the U.S….
Volaris to conclude 100 pilots’ selection processes
28 July, 2020MEXICO – Volaris will conclude the selection process for around 112 pilots who were going to start or were in…
Kiwapower to start operations in México
28 July, 2020MEXICO – Kiwapower, a joint venture between Marubeni Corporation, a Japanese trading conglomerate, and Becquerel Capital, a Mexican firm specializing…
Continental to close manufacturing plant in Sonora
28 July, 2020NOGALES – The Continental company will gradually close its Nogales plant in 2024 as part its 2019-2029 restructuring plan. In…
Medical Industry grows in Baja California
27 July, 2020TIJUANA – The medical industry is the one that has grown the most in the region during the COVID-19 pandemic,…
Coahuila lost 5.5% of its formal employment in May
27 July, 2020COAHUILA – From May to June, Coahuila’s processing industry was the most affected in terms of job losses, while the…
Railroad blockade affects industry in Sonora: AMF
27 July, 2020SONORA – The railroad blockade in Sonora has affected several industries, such as automotive, cement, steel, mining and agriculture, said…