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US Secretary of State Antony Blinken

Blinken: Vulcan case could have ‘chilling effect’ on US investment

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The takeover of a U.S. company's terminal in Mexico has U.S. Secretary of State Antony Blinken "very concerned," he told U.S. legislators.
Samuel García at Forbes México event

Nuevo León governor predicts national economic boom in Mexico

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Opportunities like nearshoring only come around every 50 or 100 years, García said at the Forbes Economy and Business Forum on Wednesday.
The investment was announced by Mexican and Chinese grandees.

Xinquan Mexico Automotive expands operations with US $30M investment

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Chinese manufacturer Xinquan Automotive has announced an expansion of its operations, making a US $30 million investment in Aguascalientes.
dry water faucet

Experts sound alarm about water scarcity in Mexico

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Mexico is experiencing increasingly serious water shortages and must take "urgent" action according to a water monitoring NGO.
Tesla gigafactory Nuevo León

Elon Musk announces Tesla gigafactory coming to Nuevo León

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Tesla plans to make "next-gen" electric vehicles at this Mexico gigafactory, which could create up to 6,000 jobs, according to officials.
Tesla electric vehicle charging station

AMLO confirms Tesla to build plant in Nuevo León

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President López Obrador announced the news of Elon Musk's electric vehicle company's first plant in Mexico at his Tuesday press conference.
Enrique Alfaro and Samuel García

Governor says Nuevo León will receive US $12B in foreign investment

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Governor García stated Nuevo León's "business environment is unmatched", alluding to anticipated investments by "big" companies in 2023.
Construction worker

Mexico’s final GDP growth figure for 2022 at 3.1%

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Export revenues appear to have driven much of Mexico's better-than-expected GDP showing last year, but predictions for 2023 are much lower.
Tesla factory

Nuevo León not the best option for Tesla plant, says AMLO

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As the automaker appears to be considering the state for a new factory, the president said it should consider southeastern Mexico instead.
Government fertilizer distribution in Puebla, Mexico

Dutch company to build US $1.5B fertilizer plant in Durango

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The plant, to be built by the multinational Tarafert, will satisfy 50% of Mexico's fertilizer demand, reducing dependence on foreign sources.