COAHUILA – Nova Steel de México, a Canadian manufacturer of steel components for industry, launched its third factory in Coahuila state, situated in the Santa María Industrial Park. The new plant required a $37 million investment and has generated 80…
MEXICO – Although Elon Musk, founder and CEO of Tesla (NASDAQ:TSLA), is interested in setting up battery factories for electric vehicles in Mexico, the federal government will not provide him with subsidies like the US administration does. During his morning…
MEXICO – The GOVERNOR of the STATE OF MEXICO, Alfredo Del Mazo, together with Corporación Inmobiliaria Vesta, a company specialized in logistics, manufacturing, and e-commerce developments, have announced two new projects in the municipalities of Cuautitlan Izcalli and Toluca, which…
QUERETARO, QRO – As a result of nearshoring, 20 Dutch companies have chosen to exit China and invest in Queretaro, as disclosed by Steven Büter, the General Manager of the Business Office of the Embassy of the Netherlands in Mexico….
VERACRUZ – Bayer invested US$15 million in its Veracruz plant to expand production of the active substance needed to produce Yasmin brand contraceptives. The inauguration of a new production module for Active Pharmaceutical Ingredients (API’s) is part of the 60th…
AGUASCALIENTES – In a gathering with the Aguascalientes State Business Council (CEEA), the Federal Electricity Commission (CFE) ensured that the state’s electricity supply is secured, and that an investment of US$24 million in electricity infrastructure is planned for this year…
QUERETARO – Google Cloud announced that it will install a Cloud region in Querétaro, Mexico, months after announcing its installation in the country. Other locations in Latin America include Sao Paulo, Brazil, and Santiago de Chile. In the past year,…
NUEVO LEON – The construction of a Tesla mega-plant in Nuevo León state will necessitate the building of approximately 13,000 homes in Santa Catarina municipality to ensure proper housing for its employees, according to Eugenio Montiel, the director of the…
ESCOBEDO, NL – Navistar will invest US$120 million over the next three years to expand the cab painting area at its plant located in Escobedo, Nuevo León, considered one of the company’s largest factories and which directly employs 6,200 people….
MEXICO – With the arrival of its first cargo flight from the United States and an investment of 50 million dollars, DHL Express Mexico, the world’s leading provider of express shipping and logistics, which is part of Deutsche Post DHL…