Asian investment in Tijuana will grow
TIJUANA – Chinese businessmen are investing in Tijuana and there is an expectation that this will gradually increase in the future, according to the president of the association Desarrollo Económico e Industrial de Tijuana (Deitac), Carlos Higuera. The president of Deitac said that last year the...
At least 350 migrants have joined Tijuana’s workforce
TIJUANA – At least 350 Central American migrants have joined Tijuana’s industry, informed the president of Asociación de Recursos Humanos de la Industria en Tijuana A.C (Arhitac), Ulises Araiza Sanchez. According to the leader, a company in Tijuana hired 350 migrants in order to complete its w...
Baja California doesn't appear among the attractive entities to invest: KPMG
BAJA CALIFORNIA – The state of Baja California was not among the five most attractive entities in the country to invest despite having a large number of maquiladora industries, according to the national survey Perspectivas de la Alta Dirección en México 2019 by the consulting firm KPMG. The pre...
Baja California expects an investment of US$100 million
TIJUANA – With a current investment of US$50 million in the state of Baja California for the maquiladora industry, the national advisor to the export industry, René Romandía, announced that another investment of US$100 million is already available for the next two years. Romandia highlighted th...
Baja California Sur is the entity with the highest growth
Baja California Sur registered a loss of pace of its economic expansion, however, it continues to be the entity with the highest annual economic growth in the country and the best performance so far in 2018. On average its level of economic activity has grown 16.1%. During the third quarter of 201...
Baja California Sur reports economic growth
BAJA CALIFORNIA SUR – "Baja California Sur presents a solid and sustained economic dynamism, which has influenced the strengthening of the tourism industry, which is why more international companies and consortiums want to invest in our state," said the minister of Turismo, Economía y Sustentabil...
Baja California to receive economic increase for investment programs in 2019
BAJA CALIFORNIA – The federal government is to grant Baja California a strong economic increase for investment programs and projects to be executed in 2019, according to the Centro de Estudios de las Finanzas Públicas (CEFP). In this sense, the CEFP of the Cámara de Diputados says that, under t...
Baja California will boost shrimp industry
ENSENADA – With an investment of US$470,360, plus US$182,918 to be applied in the coming months, this year will conclude the works of Centro de Aclimatación de Larvas de Camarón en el valle de Mexicali, which will promote shrimp farming in that region. The head of Secretaría de Pesca y Acuacul...
Baja California’s maquiladora industry is strong
TIJUANA – Unlike other parts of the Mexican Republic, in Baja California there are no problems with the maquiladora industry, since this is a solid sector, said the director of Servicio Nacional de Empleo de Baja California, Luis Rodolfo Enríquez Martínez. Enríquez Martínez said that the curr...
Bascom Arizona Ventures acquires Phoenix Class A multifamily property
ARIZONA – Bascom Arizona Ventures, LLC a subsidiary of Irvine, California-based private equity firm The Bascom Group, LLC has acquired the Tempo at McClintock Station Apartments ("Tempo"). Tempo is a mid-rise multifamily property consisting of 423 residential units and one retail unit in Tempe, Ar...
BC Industry forecasts 2.7% growth during 2019
TIJUANA – Baja California will grow 2.7% in the industrial sector during 2019 over the previous year, estimated Luis Hernandez Gonzalez, president of Industria Maquiladora y de Exportación (Index) Coastal Zone. Mr. Hernandez added that during the first quarter of the current year the increase wi...
Beer company’s investment could be affected because of plebiscite
TIJUANA – A plebiscite against the beer company Constellation Brands could generate an investment leak in Baja California, agreed business and government sectors. "It will cause us to send a bad message for local, national and foreign investment, I am concerned that this plebiscite has political ...
Beer industry and Baja California
TIJUANA – The artisanal beer produced in Baja California is made up of 50% inputs and raw material imported from the United States and European countries, which unfortunately doesn’t make it a 100% Mexican beer, despite the good acceptance it has nationally and internationally. Raul Aispuro Fun...
BNSF plans US$400 million in upgrades to Texas rail system in 2019
DALLAS – Fort Worth-based BNSF Railway Co. will spend US$405 million this year to upgrade its rail system running throughout Texas. The planned investment is part of BNSF's US$$3.57 billion capital spending program for 2019. Most of that will go to replace and maintain the railroad's core assets....
BNSF Railway plans US$80 million investment in New Mexico|
ALBUQUERQUE — BNSF Railway plans to invest US$80 million in New Mexico this year. The freight company made the announcement Wednesday, saying the money will go toward maintenance projects as well as rail upgrades to ensure its network remains safe and reliable. According to the company, nearly 4....
Border cities will grow due to AMLO's fiscal plan
MEXICO – Tijuana, Ciudad Juárez, Laredo, Mexicali and Nogales are the five cities with the greatest growth potential in the next two years, period of time that  Programa de la Zona Libre de la Frontera Norte will last, according to Salles, Sainz-Grant Thornton. "These 5 cities will stand out in...
Border closure affects chemical industry
CIUDAD JUAREZ – The threats of closure of the border between Mexico and the United States by the government of Donald Trump have already affected the Mexican chemical industry, as their cargoes are stopped in warehouses or customs waiting to cross between the two countries. According to the presi...
Border delays costing estimated US$800 million at day
MEXICO – Delays at the Mexico-United States border are costing Mexican exporters US$800 million at day, according to the president of Confederación de Cámaras Industriales (Concamin). Thousands of trucks have faced long wait times at several ports of entry to the United States since early last ...
Brain Corp to expand AI services in retail industry
SAN DIEGO – Brain Corp, a San Diego-based AI company creating transformative core technology for the robotics industry, announced that it will be expanding its relationship with Walmart. Brain Corp will provide its BrainOS technology to an additional 1,500 robotic floor cleaners nationwide by th...
Businesses on US-Mexico border suffer as wait time’s jump 500%
EL PASO — Local businesses in El Paso, Texas, are already seeing the effects of truck congestion and border delays, despite Donald Trump walking back his threats to close the U.S.-Mexican border. Trump instead, gave Mexico a "one-year warning" to deal with what he has described as a "crisis" of ...



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