Wednesday, May 7, 2025
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Commercial sector Mexico

Commercial sector overtakes manufacturing as top FDI target in Mexico

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U.S. trade policies are reshaping Mexico’s foreign investment profile, temporarily knocking the manufacturing sector off its perch as the country’s most attractive investment.
Membes of the ODATA team and local officials celebrate the opening of a new data center in Queretéro.

ODATA inaugurates US $3B data center campus in Querétaro

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ODATA, a subsidiary of Texas-based Aligned Data Centers, opened its second data center facility in Querétaro, where it is building the largest data center campus in the country.
Economy Minister Marcelo Ebrard

Mexico targets irregular steel and textile imports in push to protect...

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Also on Monday, Finance Minister Edgar Amador announced plans to increase the national content of government purchases by 10% and trade out 10% of its manufacturing imports.
cows grazing

Mexico receives more than 8,000 dairy cows from Australia

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Mexico has historically imported cattle from the United States to repopulate its herds, but economic conditions led the Agriculture Ministry to prefer cows from down under.
A Unilever logo at the entrance of an office

Unilever announces US $1.5B investment to complete Nuevo León factory and expand Mexico operations

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The company plans to produce Dove, Rexona and Sedal personal care products at the Monterrey-area factory.
cordoned off crime scene

World Bank: Organized crime hinders growth in Mexico and across Latin America

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A new report confirms in great detail the negative effect criminal organizations have on economic growth in Mexico and the Latin American region.
Building top with Gerdau logo.

Brazilian steel manufacturer Gerdau cancels US $600M investment in Mexico due to tariffs

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The company's president said the investment was canceled due to uncertainty about how the global automotive supply chain will be reconfigured by 25% steel and aluminum tariffs on exports to the U.S.
A team of engineers stands arms crossed in front of a small airplane

Oaxaca Aerospace unveils first 100% Mexican-made aircraft

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After 14 years of research, the protoype of the Pegasus PE-210A is flying. The next step is commercial manufacturing.
Mexico's manufacturing exports

Mexico posts strong first-quarter trade performance despite US protectionism

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The value of Mexico's exports increased to all-time highs in March and Q1 2025 despite the United States' imposition of tariffs on a range of Mexican goods.
A woman takes a product off a grocery store shelf

New data shows Mexico’s economy grew in February despite trade uncertainty

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Though recession remains a distinct possibility, February's economic performance was better than expected.
European Union Vice President Teresa Ribera in front of a European flag

European Union rep confirms updates to trade agreement with Mexico

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As U.S. trade relations remain on shaky ground, EU Vice President Teresa Ribera is shoring up diplomatic ties with a tour of Mexico.
A Grupo Modelo industrial brewery building with a sign reading "Cerveceria Modelo"

Grupo Modelo set to invest US $3.6 billion in Mexico over the next three years

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The investment from the mega-brewer, whose brands include Corona and Pacífico, will provide a boost for the economic development goals in Sheinbaum's Plan México.
The World Bank globe logo on a grey building

World Bank cuts growth forecast for Mexico, predicting economic stagnation

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Despite progress on poverty reduction, the World Bank predicts trade uncertainty will limit Mexico's economic growth this year.
Sheinbaum admiring the Mexican flag

Opinion: Trump’s tariffs could Make Mexico Great Again

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Should Mexico continue to view the NAFTA era as the status quo? Mexican e-commerce expert José Bachur argues the grass could be greener on the other side.
Home Depot sign

The Home Depot is coming to San Miguel de Allende

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The San Miguel store, scheduled to open in 2026, is part of The Home Depot's plan to open 25 stores across Mexico over the next four years.
A close up of the lids of aluminum beer cans

US clarifies that beer is not subject to aluminum tariffs — just the can

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Mexican beer producers are breathing a sign of relief after the U.S. explained what it meant when it listed beer as an aluminum derivative subject.