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Nearshoring Boom: Reynosa, Tamaulipas Records $200 Million in Investments

Tamaulipas

January 2024

Nearshoring Boom: Reynosa, Tamaulipas Records $200 Million in Investments

Reynosa, Tamaulipas, positioned itself as a nearshoring hub, attracting approximately $200 million in investments throughout 2023, according to Raúl ...

In the Forefront: Mexico Shines as a Premier Auto Parts Manufacturer

Mexico City

January 2024

In the Forefront: Mexico Shines as a Premier Auto Parts Manufacturer

Mexico has secured its position among the top producers of auto parts for the United States, surpassing countries like Japan, China, and South Korea, ...

Nuevo León Wraps Up 2023 with $45 Billion in Foreign Investment

Nuevo León

January 2024

Nuevo León Wraps Up 2023 with $45 Billion in Foreign Investment

Nuevo León, Mexico - In a recent Instagram post, the state governor, Samuel García, proudly announced that Nuevo León concluded the year 2023 with ...

SEV's $6.8 Billion Investment: Pioneering Electric Vehicle Production in Durango

Durango

January 2024

SEV's $6.8 Billion Investment: Pioneering Electric Vehicle Production in Durango

SEV, the electromobility automotive arm of Grupo Solarever, has announced a groundbreaking strategic agreement with the state of Durango to build a cu...

Tesla's construction works will kick off this quarter: Samuel García

Nuevo León

January 2024

Tesla's construction works will kick off this quarter: Samuel García

"After the progress of the upcoming Tesla plant in the state, construction of the Gigafactory will commence in the first quarter of 2024, as announced...

First companies to arrive at Rooselvelt Industrial Park in Harlingen, Texas

South Texas

January 2024

First companies to arrive at Rooselvelt Industrial Park in Harlingen, Texas

The Economic Development Corporation in Harlingen, Texas (EDC), is in negotiations to secure the first projects within the new industrial park "Roosel...

Nuevo Laredo Airport leads nationwide with 68.7% cargo growth

Tamaulipas

January 2024

Nuevo Laredo Airport leads nationwide with 68.7% cargo growth

The International Airport of Nuevo Laredo in Tamaulipas has reported an impressive 68.7% growth in cargo volumes moved from January to November 2023, ...

Yura's $46.2 million investment in Coahuila to serve Volvo, Honda, and Stellantis

Coahuila

January 2024

Yura's $46.2 million investment in Coahuila to serve Volvo, Honda, and Stellantis

Yura Corporation announces a $46.2 million investment and the creation of 1,000 new jobs during the groundbreaking ceremony. Yura Corporation has reve...

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 ...