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Daimay breaks ground for new plants set to drive future production for Tesla and General Motors

Coahuila

January 2024

Daimay breaks ground for new plants set to drive future production for Tesla and General Motors

Manuel Aguilar, Chief Operating Officer of Daimay, was joined by Manolo Jiménez, Governor of Coahuila, Claudio Bres Garza, Secretary of Economy, and ...

Coahuila emerges as a powerhouse in automotive production

Coahuila

January 2024

Coahuila emerges as a powerhouse in automotive production

According to data from the National Institute of Statistics and Geography (Inegi), last year, auto production in Mexico increased by 14.23% annually, ...

The commercial cargo at Nuevo Laredo Airport grows by 68.7%

Tamaulipas

January 2024

The commercial cargo at Nuevo Laredo Airport grows by 68.7%

The International Airport of Nuevo Laredo, Tamaulipas, reported a 68.7% growth in cargo volumes moved from January to November 2023, thus securing the...

INA forecasts 3.1% expansion in Mexican Autoparts Production for 2024

Mexico City

January 2024

INA forecasts 3.1% expansion in Mexican Autoparts Production for 2024

The Industria Nacional de Autopartes (INA) has announced its projection that automotive parts production in 2024 will amount to approximately $125.5 b...

EuroTranciatura Mexico inaugurates third plant in Mexico, focused on electric vehicle components

Querétaro

January 2024

EuroTranciatura Mexico inaugurates third plant in Mexico, focused on electric vehicle components

In a significant stride towards sustainable automotive manufacturing, EuroTranciatura Mexico, a part of the Italian industrial giant Euro Group, inaug...

International Bridges between Tamaulipas and Texas Will Expedite Trade in 2024

Tamaulipas

January 2024

International Bridges between Tamaulipas and Texas Will Expedite Trade in 2024

Commercial exchange between Tamaulipas and Texas will be more efficient in 2024, thanks to various expansion projects underway at international bridge...

PACCAR Mexico will invest $50 million in the Mexicali plant

Baja California

January 2024

PACCAR Mexico will invest $50 million in the Mexicali plant

Preston Feight, Global CEO of PACCAR, announced a $50 million investment project in the Mexicali production plant, of which he has been a part since 1...

Pharr International Bridge Registers Over $38.8 Billion in Trade During 2023

South Texas

January 2024

Pharr International Bridge Registers Over $38.8 Billion in Trade During 2023

More than $38.8 billion was accumulated in commercial activities by the Pharr International Bridge from January to October 2023. Through imports, the...

Querétaro reveals a robust portfolio boasting 55 upcoming investment projects

Querétaro

January 2024

Querétaro reveals a robust portfolio boasting 55 upcoming investment projects

Querétaro, a thriving economic hub, reveals a robust portfolio boasting 55 upcoming investment projects, as announced during the presentation of Marc...

Sonora attracted more investment in 2023, fueled by industrial growth and nearshoring trends

Sonora

January 2024

Sonora attracted more investment in 2023, fueled by industrial growth and nearshoring trends

In a notable economic surge, the state of Sonora has witnessed a substantial increase in investment throughout 2023, recording an impressive $2.539 ...

Tesla Gigafactory's infrastructure advances in Nuevo León

Nuevo León

January 2024

Tesla Gigafactory's infrastructure advances in Nuevo León

In the ongoing construction project of Tesla's gigafactory in Santa Catarina, Nuevo León, significant progress is reported in the infrastructure wo...

Guanajuato emerges as Mexico's fifth economic power

Guanajuato

January 2024

Guanajuato emerges as Mexico's fifth economic power

In a significant economic stride, Guanajuato has transitioned from the sixth to the fifth-largest economy in Mexico, announced Governor Diego Sinhué ...

Guanajuato set to welcome a wave of new investments in 2024

Guanajuato

January 2024

Guanajuato set to welcome a wave of new investments in 2024

In the closing months of 2023, the current administration of Guanajuato has reported reaching a remarkable $7 billion in investments, solidifying its ...

They will invest $15 billion in the aluminum industry by 2030

Mexico City

January 2024

They will invest $15 billion in the aluminum industry by 2030

The outlook for the aluminum industry aims to maintain its contribution to Mexico's GDP, ranging from 3 to 3.5%, generating approximately 600,000 dire...

Queretaro has a portfolio of 55 investment projects

Querétaro

December 2023

Queretaro has a portfolio of 55 investment projects

52 projects were finalized, representing more than 34.772 billion pesos (MXN) in investment and the creation of 15,293 jobs in the state of Querétaro...

Grupo México Acquires Control of Ferrobuque

Oaxaca

December 2023

Grupo México Acquires Control of Ferrobuque

Grupo México Transportes (GMXT*), the railway division of Grupo México (GMEXICOB), has finalized the acquisition that will give it control over Ferr...

Grupo Carso, Led by Carlos Slim, to Construct Strategic Gas Pipeline in Northern Mexico for CFE

Mexico City

December 2023

Grupo Carso, Led by Carlos Slim, to Construct Strategic Gas Pipeline in Northern Mexico for CFE

In a significant move in the Mexican energy sector, Grupo Carso, the company led by magnate Carlos Slim Helú, secured the construction and operation ...

$25 Millions to Be Invested in New Hotels in Mission, Texas

South Texas

December 2023

$25 Millions to Be Invested in New Hotels in Mission, Texas

The accommodation offer in the city of Mission, Texas, will increase by 36% by 2024 with the opening of two new hotels through the Ocean Gate Hospital...

Xinquan Invests $100 Million in Aguascalientes

Aguascalientes

December 2023

Xinquan Invests $100 Million in Aguascalientes

The Chinese company has announced an investment of $100 million and the creation of 700 new jobs for the expansion of its operations in Aguascalientes...

Mexico has moved up 4 positions and now holds the 12th place in global economies.

Mexico City

December 2023

Mexico has moved up 4 positions and now holds the 12th place in global economies.

Mexico has advanced four positions, from 16th to 12th place, within the group of the 20 largest economies in the world, securing the 12th position, as...