nearshoring in mexico
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Mexico
Did Mexico really ‘miss the nearshoring boom’? CEO perspective
I start most days by reading the Wall Street Journal (WSJ). The WSJ has been my favorite newspaper to read…
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Mexico
Mexico attracts US $64.7B in private investment through Q3 2024
From January through September, private companies announced their plans to invest over US $64.7 billion in Mexico, according to data…
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Mexico
Mexico seeks meeting with Musk on future of Tesla ‘gigafactory’
Economy Minister Marcelo Ebrard said Thursday that he will seek a meeting with Elon Musk to discuss Tesla’s plans for…
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Mexico
BYD stays firm on plans to build in Mexico following US election
Chinese electric vehicle (EV) giant Build Your Dreams (BYD) announced Tuesday its plans to follow through with building its first…
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Mexico
New investment in industrial parks in Mexico spiked in 2024
Construction of new industrial parks in Mexico is on the rise, sector leaders noted this week — with the expansion…
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Mexico
French companies to invest US $3B in nearshoring to Mexico
France is bolstering its economic ties with Mexico by increasing investments in the energy, automotive and health industries, according to…
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Mexico
Economy Minister boasts $20B of investments in Mexico for 2025
None of the federal government’s recently approved and proposed constitutional reforms will be detrimental to investment in Mexico, President Claudia…
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Mexico
Mexico wants US companies to help reduce imports from China
In late July, Finance Minister Rogelio Ramírez de la O pointed out that Mexico’s imports from China far exceed its…
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Mexico
Hofusan Industrial Park to invest another US $1B in Nuevo León
The Chinese and Mexican-owned Hofusan Industrial Park has plans to invest US $1 billion to expand its facilities north of…
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Mexico
Mexico’s manufacturing sector falls in Q2 amid US slowdown
Production at Mexican factories declined more than 1% annually in the second quarter of 2024, a slowdown the Bank of…
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