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Schneider Electric to invest US $72.5M in Mexico energy services
The company seeks to meet growing demand for consistent electricity supply, a must-have for nearshoring businesses in Mexico.
Chinese truckmaker to build EV manufacturing plant in Mexico
Beijing-based Foton says it plans to build a second manufacturing plant in Mexico, allowing it to produce electric vehicles in the country.
Mexico exports set monthly record in March — more than US $53B
The nation's export numbers last month defied predictions and reached a US $1.17 billion trade surplus despite a modest increase in imports.
Exploring Mexico for manufacturing? Learn about your options
From brand partner Entrada Group: An overview of four operational models available for companies looking to relocate manufacturing to Mexico.
China’s Jiaxipera latest of 20 firms to invest in Coahuila in 2023
The manufacturing firm will open a refrigerator compressor plant in Ramos Arizpe will create 600 jobs and make 6 million parts a year.
Mexico posts strong figures for first-quarter job creation
The number of jobs in the formal sector rose by 423,384 between January and March, a 10% increase from the same period in 2022.
The economic argument for moving manufacturing closer to home
From brand partner Entrada Group: Why nearshoring is bringing billions of dollars of investment into Mexico.
French car parts manufacturer invests US $147M in Mexico plant
Forvia hopes that the creation of their new Apodaca plant will allow the export of more than 2 million full sets of car seats per year.
Fibra Monterrey buys industrial real estate portfolio for US $662M
The deal between Finsa and Fibra MTY, worth US $662 million, is the second largest industrial real estate transaction ever made in Mexico.
Why Elon Musk loves Monterrey
Leigh Thelmadatter examines the culture of the Nuevo León city where the billionaire businessman insisted on locating his new Tesla facility.