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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.
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.
