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PetroBal acquires US$250 million loan in Mexico
MEXICO – PetroBal, a Mexican oil company subsidiary of Grupo Bal, closed a US$250 million loan to continue financing part…
PepsiCo to invest US$989,619 in Mexico
TABASCO – PepsiCo announced that over the next three years it will promote the “Agrovita” program in Tabasco and Chiapas,…
Bélier to invest US$68 million in Guanajuato
GUANAJUATO – The automotive company Le BĂ©lier will invest US$68 million in San Miguel de Allende, Guanajuato; it will produce…
GM to invest US$1 billion in Ramos Arizpe
RAMOS ARIZPE – General Motors announced a US$1 billion investment in its manufacturing plant in Ramos Arizpe, Coahuila, in order…
Viva Aerobus receives financing for US$150 million
MEXICO – Viva Aerobus signed a five-year US$150 million financing agreement with global fund CarVal Investors, which will help the…
Intel to invest US$350 million in Mexico
MEXICO – According to the CEO of Intel Mexico, Santiago Cardona, the global semiconductor shortage crisis will begin to recover…
WTTC to invest US$2.5 billion in Mexico
CANCUN – The chairman of the board of directors of the World Travel and Tourism Council (WTTC), Christopher J. Nassetta,…
Guanajuato boosts aerospace development
GUANAJUATO – During the 2021-2014 period, the BajĂo Aerospace Cluster will focus efforts on technological development to face the new…
2020 GDP will fall 8.99%; in 2021 it will bounce 3.54%: Banxico
MEXICO – Banco de Mexico (Banxico) cuts inflation expectations for this year, 2021 and 2022 and expect a funding rate…
Ford Mexico starts production of the 2021 Bronco Sport in Sonora
HERMOSILLO – Ford Mexico started the production of the new Bronco Sport 2021 at its plant in Hermosillo, Sonora, which…
Switzerland has an interest in investing in Mexico
MEXICO – Switzerland seeks to add and not subtract, so even with the changes that the current administration has made…
Business Groups Accuse Baja California Governor of Extortion
BORDERNOW Staff Report Baja California businesses and business groups are accusing the Baja California Governor Jaime Bonilla of extorting payments…
Audi Mexico starts production of the optimized Audi Q5
SAN JOSÉ DE CHIAPA –  The Audi manufacturing plant in San JosĂ© Chiapa is the youngest and most modern of…
Volaris’ operations in Chihuahua to increase at a 51% capacity
CHIHUAHUA – The Mexican airline Volaris announced that during July it will increase its operations in Chihuahua by 51%, connecting…
Safran to build aerospace manufacturing plant in Chihuahua: Ebrard
CHIHUAHUA – The minister of Foreign Relations, Marcelo Ebrard CasaubĂłn, announced that the French company Safran started construction of a…