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Quanta Computer to invest US $1B in Nuevo León
The Taiwanese computer manufacturer is one of Tesla's suppliers and has already invested nearly US $500M in the northern Mexican state.
Teachers, taxes and ‘transformation’: the week at the mañaneras
President López Obrador covered everything from economic stability to "banishing" corruption to armored vehicles at the week's pressers.
Peso hits 7-year high against US dollar
The Mexican peso continues its strong performance this year, hitting 17.42 against the U.S. dollar on Monday.
Italian manufacturer Brembo upgrades Nuevo León plant for US $207M
Expansion work on the plant in Escobedo, Nuevo León, has successfully concluded, allowing the factory to double its production.
Guanajuato largest recipient of foreign direct investment from Asia
More than 53% of the state's foreign investment in 2022 came from nations on the continent, according to the Economy Ministry.
Economy Minister unveils investment plan for trans-isthmus corridor
The new Inter-Oceanic Corridor will include 10 new industrial parks, aiming to boost employment opportunities in the southeast of Mexico.
Mexico is US’s largest trading partner in 2023’s 1st quarter
U.S. statistics show Mexico exported US $115.5 billion to its northern neighbor in 2023's first quarter — 8% more than in Q1 of 2022.
Chinese automotive parts manufacturer Yinlun opens US $80M plant in Nuevo León
The award-winning auto part manufacturer has unveiled a new facility in Nuevo León, which it hopes will create 1,000 jobs in the state.
Peso appreciates to strongest level since September 2017
The exchange rate hit 17.83 pesos to the US dollar during trading on Wednesday, following the U.S. Federal Reserve's interest rate hike.
Mexico’s booming economy grew 1.1% in Q1
The services sector continues boosting GDP, but after six consecutive quarters of growth, analysts warn the boom may be coming to an end.
