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Nearshoring boosts foreign direct investment attraction
MEXICO – The Ministry of Economy announced that, during 2022, foreign direct investment was of US$35 billion, 12% more than…
Jalisco was the largest generator of employment in the country during January
JALISCO – During January, Jalisco generated 18,294 new jobs, making it the largest generator of jobs in the country, according…
Sales, production and exports of vehicles increase in Mexico
MEXICO – The automotive industry started 2023 on the right foot, with an annual increase in sales in the domestic…
SKF announces new plant in Monterrey
MONTERREY, NL – SKF will invest US$68 million in the construction of a new plant in Monterrey, Nuevo Leon, where…
Autoparts exceed growth expectations in Queretaro
QUERETARO – The state’s automotive industry closed 2022 with an annual growth of between 8 and 10% in production and…
Mexican airports move more than one million tons of cargo
MEXICO – During last year, 1,149,872.5 tons of goods were moved through the country’s different airports, which meant an increase…
Tesla studies building an assembly plant in industrial park near AIFA
MEXICO – U.S. electric car manufacturer Tesla is studying the installation of an assembly plant in an industrial park near…
Eleva Park will have the first world-class industrial park in Michoacan
MICHOACAN – Eleva Park, a project promoted by the Municipality of Tarímbaro and Private Initiative, will be the first world-class…
US$500 million in nearshoring investment arrives in El Salto
JALISCO – Despite global economic complications, the El Salto industrial corridor expects to attract investments of US$500 million this year,…
Luis Manuel Azúa Sánchez, new president of the Chihuahua Aerospace Cluster
CHIHUAHUA. CHIH – Luis Manuel Azúa Sánchez was appointed as president of the Chihuahua Aerospace Cluster for the period 2022-2024….
Mexico surpasses China as furniture supplier to the U.S.
JALISCO – Production in Jalisco’s furniture industry increased by 9% at the end of 2022, after Mexico gained ground over…
Avery Dennison announces new investment in Queretaro
QUERETARO – Avery Dennison (NYSE: AVY) announced the expansion of operations at its Queretaro plant in order to expand production…
Guanajuato students will learn with Minecraft
GUANAJUATO – The Ministry of Education of Guanajuato (SEG) entered into an alliance with Microsoft Mexico and Siemens Gamesa to…
Mexico announces temporary 50% tariff on white corn exports
MEXICO – The Mexican government announced a temporary 50% tax on white corn exports, arguing that it is necessary for…
ALM to lease 2 Airbus A320 to Volaris
MEXICO – Aircraft Leasing & Management (ALM) announced the acquisition of two Airbus A320neo aircraft, which will be leased to…
