Tuesday, December 10, 2024
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MND_BUSINESS

An industrial park in Mexico

Industrial parks set to draw US $6B in 2025

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Three northern locations — Tijuana, Baja California, Ciudad Juárez, Chihuahua, and Monterrey, Nuevo León — are primed to receive the bulk of the investment.
A brand-new Volkswagen SUV

Mexican auto industry accelerates toward historic production mark in 2024

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Exports also grew by 2.8% year-on-year in November, with Japanese companies Toyota, Nissan and Honda leading the way.
A Querétaro data center similar to the ones discussed in the podcast.

MND Deep Dive: Querétaro’s data center boom

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Our subscriber-exclusive podcast looks at the new data firms setting up facilities in central Mexico.
A person using their smartphone to pay

I don’t want to, but someone else please start these businesses in Mexico!

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Please, Elon, if you're reading this, we need you.

Mexico announces US $1.6B investment to modernize 6 major maritime ports

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The infrastructure upgrades are designed to spur the growth of 10 industrial corridors across the country.
Mexican pesos and US dollars

Peso recovers from Trump tariff threats as US dollar weakens

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The peso's value against the dollar is on its third day of steady increases.
Mexican-government and Safran officials in a horizontal line preparing to cut a ribbon launching a new assembly line at Safran's aerospace parts manufacturing plant.

French aerospace manufacturer Safran invests US $35M in Querétaro plant

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Safran's addition to its Querétaro plant now makes Mexico one of the few countries able to cover every aspect of a jet engine's life cycle, said Safran officials.
Giant Motors Latinoamérica, a joint venture between the Massri family and billionaire businessman Carlos Slim's financial company Inbursa, assembles JAC vehicles at a plant in Ciudad Sahagún, Hidalgo.

Giant Motors CEO in Mexico ‘unfazed’ by Trump tariff threats

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Giant Motors is currently the only company that makes Chinese vehicles in Mexico, specifically the JAC brand.
Someone entering a cenote in Mexico

Record earnings expected for holiday season tourism

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This winter break, Mexico is expecting even more tourists, more revenue and higher hotel occupancy than last year.
The silouette of a person is visible at the end of a data center hallway filled with computer servers

Querétaro prepares to welcome a dozen new data centers, state development minister announces

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The state is working with the Federal Electricity Commission to accomodate the incoming data centers' "enormous energy requirements."
aerial view of city of Guaymas, Mexico

IMCO: These are Mexico’s most competitive cities in 2024

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The Mexican Institute for Competitiveness' 2024 list of most competitive cities is out, and the four top winners are in Mexico's northern region.
Illustration of two shipping containers hanging by cables in the air. The front of the container on stage left is painted with he flag of Mexico. The container on stage right is painted with the flag of the United States.

American Society: ‘Mexico has the most to lose’ in trade war with US 

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American Society of Mexico President Larry Rubin stressed that the U.S. and Mexico must find "common understanding" among their trade tensions.
A cargo ship filled with containers from Mexican exports in October

Mexican export revenue rises 11.2% in October says INEGI

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Mexico underlined its importance to the U.S. economy as exports rose again last month.
A close-up of a tattered Mexico flag waving in the sky

HR Ratings changes Mexico’s rating from stable to negative

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The Mexican credit rating agency said it was basing its decision on what it called the "negative performance" of Mexico's industrial sector over the past year.
John Deere sign

John Deere confirms US $55M investment in Mexico plant despite Trump’s threats

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Local media reports that the new plant will be located in the northern state of Nuevo León.
transpeninsular train

MND Deep Dive: Mexico’s transpeninsular train

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Will Mexico's ambitious new Panama canal alternative bring promised prosperity? Our subscriber-only podcast has the details.