QUERETARO – A group of businessmen from the United States, China, Singapore, Taiwan, Germany and Japan see potential in Querétaro to invest more than US$5.5 billion in the expansion of production lines and the transfer of factories and plants from…
MEXICO – The Federal Aviation Administration (FAA) announced that it has restored Mexico’s Category 1 status, the highest air safety rating, following over two years of close collaboration between the civil aviation authorities of both nations. “With the reinstatement of…
DURANGO – Kuntai Company is seeking to establish itself in Durango, a region where it plans to invest approximately $57 million and create 500 direct jobs. The Chinese firm specializes in the design, development, production, and sales of soft vehicle…
GUANAJUATO – With a capital infusion of $300 million, Grupo Modelo and Millfoods declared the commencement of a maize facility for the manufacture of beer. Per government authorities, the initiative will yield over 1,000 employments and will have a bearing…
Safran executives have announced the expansion of operations in Querétaro with an investment of $80 million and the creation of 800 new high-specialization jobs in the coming years. Leaders of the top firm in the aerospace field have indicated that…
Samuel García, the governor of the state of Nuevo León, has committed to studying and promoting Bitcoin innovation as a technology to combat corruption and opacity. This and more news in this practical daily summary to keep you informed of…
NUEVO LEON – During the “Nuevo León Updates” event, Governor Samuel García announced that the region achieved a Foreign Direct Investment (FDI) influx of $25.3 billion. From October 2021 to August 2023, a total of 164 undertakings have been verified,…
AGUASCALIENTES – ABIC Group, the Japanese auto firm, has unveiled plans for a fresh infusion of $11 million to establish a plant for manufacturing aluminum parts in Pabellón de Arteaga, Aguascalientes. This marks ABIC Group’s second manufacturing facility in Mexico,…
Baja California government delegates conducted a meeting with Tesla executives in Washington D.C., with the intention of showcasing the state’s logistical, geographic, legal, and skilled workforce advantages. During the meeting, the Mexican ambassador to the United States, Esteban Moctezuma, was…
COAHUILA – The LG Magna e-Powertrain plant, located in Coahuila, will start operations in a month and aims to manufacture more than 1 million electric motors; General Motors will be its main customer. Alberto Bustamante, advisor and consultant to the…