Millionaire investment is planned for stadiums in Sonora
SONORA – The Federal Government plans to spend around US$52.million on the purchase of two stadiums that are abandoned in Sonora, in order to establish a couple of academies that are part of the project of the Office of Presidencia para la Promoción y el Desarrollo del Beisbol (Probeis). The gov...
Monterrey Fiber will invest US$155 million this year
MONTERREY – Fibra Monterrey, a trust dedicated to leasing industrial buildings and offices, plans to invest around US$155 million this year, said Jaime Martinez Trigueros, director of finance of Fibra Monterrey. In an interview, he stated that he expects to make the first acquisitions during the ...
More maquiladoras will arrive in Reynosa
REYNOSA – A group of new maquiladora companies will be installed in the region during the next semester. The plants could be located in Parque Industrial Norte Villa Florida, in the area near the Monterrey exit. Martha Ramos Morales, director of Asociación de Maquiladoras (INDEX), in Reynosa did...
More than 50 condominiums will be built in 2024
TIJUANA – Gabriel Valenzuela Moreno, director of Cámara Mexicana de la Industria de la Construcción (CMIC), in Tijuana, announced that for the next 5 years, at least 50 condominiums in Tijuana will be built. He mentioned that 70% of these constructions, is financed by private investment and the...
Most California municipalities ban commercial cannabis activity
CALIFORNIA – Two-thirds of California municipalities prohibit marijuana businesses from setting up shop, underscoring the hurdles MJ entrepreneurs face in trying to break into the world’s largest legal cannabis market. Only 161 of California’s 482 municipalities and 24 of the 58 counties have...
Nearly US$35 billion spent in Texas by out-of-state tourists
TEXAS – Out-of-state tourists spent more than $34 billion in Texas in 2017. According to government tourism initiative Travel Texas. The agency recently unveiled its travel data from 2017, which shows that leisure travel is a big industry in Texas, a state that attracts people from all over the w...
New companies will arrive in Baja California
BAJA CALIFORNIA – About five new companies will arrive in Baja California before the end of the year and will offer about 1500 jobs, according to Ossie Diaz, director of the Tacna group. These companies will provide work options for all municipalities in the state, mainly in the field of medicine...
New Cruise, Shipping Options Arrive in Sea of Cortez
Two companies are beginning new services in the Sea of Cortez. Baja Ferries launched a new ferry in La Paz, Baja California Sur the largest ferry of its kind in Latin America to transport up to 200 passengers and 2,715 linear meters of cargo.  Cruise and Maritime Voyages will start operating crui...
New innovation centre for molds and dies was launched
CIUDAD JUAREZ – With a total investment of more than US$1.2 million contributed by the Federation, the State Government, the Private Initiative and Educational Institutions, Centro de Innovación en Moldes y Troqueles del Estado de Chihuahua (CIMyT) located in Ciudad Juárez, was developed and lau...
New maquilas come to Tamaulipas
 REYNOSA —The Mayor of Reynosa Maki Ortiz Domínguez, announced three investment projects that will generate more than 600 jobs. "New maquilas are coming, we will have a maquila that will be dedicated to the construction of advanced internal combustion systems and will be an investment worth mo...
New Mexico boasts US$2.2 billion in oil revenue for 2018
NEW MEXICO – New Mexico received US$2.2 billion in revenues from oil production in 2018, according to numbers from the state’s Tax Research Institute. This was a 26% increase on the year, or US$465 million. As stated by the Albuquerque Journal, a substantial increase in investments and product...
New Mexico creates New Outdoor Recreation Division
SANTA FE — The governor of New Mexico, Michelle Lujan Grisham has signed into law a new initiative to boost the marketing of New Mexico’s outdoor recreation industries and create a division in the Economic Development Department to grow outdoor businesses. The Legislature has appropriated an in...
New Mexico ERB allocates US$100 million to infrastructure co-investment programme
NEW MEXICO – New Mexico Educational Retirement Board (NMERB) has approved US$100 million of new capital for infrastructure co-investments, managed by CBRE Caledon. NMERB has been making direct co-investments since 2013, committing US$85 million at the outset, followed by a US$100 million commitme...
New Mexico Governor signs Energy Transition Act
NEW MEXICO – The last Friday, Governor Michelle Lujan Grisham, Democrat from New Mexico, signed into law the Energy Transition Act (ETA), which boosts New Mexico’s renewable portfolio standard (RPS) and establishes a target of 100% carbon-free power. According to the governor, S.B.489 creates a...
New Mexico investors see future in state's hemp industry
ALBUQUERQUE – The move to legalize the production of hemp has investors in New Mexico racing to get a piece of what could be a multibillion-dollar industry. Business leaders are hurrying to capture part of what cannabis market research firm New Frontier Data estimated will become a US$2.6 billion...
New Mexico legalizing beer, wine deliveries
NEW MEXICO – A bill that would allow beer and wine to be delivered with food orders to homes and hotel rooms is awaiting final approval from Governor Michelle Lujan Grisham, 4 years after a similar proposal was vetoed by New Mexico’s former governor. This year’s measure, Senate Bill 494, was ...
New Mexico seeks energy savings in state building upgrades
NEW MEXICO – New Mexico is pushing forward with energy-saving upgrades to its portfolio of agency buildings in the state capital. The General Services Department that oversees more than 800 buildings across the state announced that it plans to invest US$32 million on projects to improve the energ...
New Mexico seeks to employ people in the cannabis branch
ALBUQUERQUE – A fast-growing industry in New Mexico is in great need of staff to keep up with demand. Job seekers will be able to head to The University of New Mexico's Student Union Building on Friday for a chance at a job in the growing medical cannabis field. Cannabis NM Staffing, the company...
New Mexico’s film credit backlog reaches US$382 million
NEW MEXICO – The latest figure for paying off the backlog of rebates for movies and TV shows filmed in New Mexico through the end of the current year now stands at US$382 million. That number, released in a report by the New Mexico State Film Office, takes into account productions that have not y...
New North America trade agreement would boost Arizona industry
ARIZONA – Arizona industries including mining and agricultural imports would benefit from the pending trade agreement for the U.S., Mexico and Canada, according to a new report. The tentative agreement, which is being considered by each of the country's legislative bodies, would likely impact the...



Copyright © All rights reserved 2017 BORDERNOW
MEXICONOW | BORDER-NOW
Any questions or comments? Reach us at 1-877-864-8528 from the U.S. 01-800-170-1010 from Mexico information@border-now.com