SAN LUIS POTOSI – The automaker MG Motor and SAIC, which have Chinese and British origins, will inject US$19 million in 2023 to enlarge the Parts Distribution Center located in San Luis Potosí. This expansion will result in an increase…
JALISCO – A delegation of 17 Vietnamese businessmen and officials is currently in the state of Jalisco to explore investment and commercial exchange opportunities as they express their interest in investing in Jalisco and taking advantage of the opportunities presented…
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…