MEXICO – BYD arrives in Mexico, the multinational high-tech company dedicated to zero-emission energy solutions, announced the arrival of its brand and launched three new fully electric models in Mexico: the flagship sedan BYD HAN EV, the flagship SUV BYD…
APODACA, NL – Forvia, the French company, has opened a new factory in Apodaca, Nuevo Leon, for producing automobile seats and interiors, creating 1,500 direct jobs. The corporation invested $147 million in constructing the factory. Since 1997, Forvia has been…
CIUDAD JUAREZ, CHIH – FIBRA Macquiaire started the construction of a new Industrial Park in Ciudad Juarez, which will consist of 10 buildings in an area of 230,000 square meters and will generate 3,500 direct jobs. In addition, the construction…
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…
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…