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Tag: mexico industry

RIO DE JANEIRO, BRAZIL - The Mexican Confederation of Industrial Chambers (Concamin) has identified potential in 13 Mexican cities to implement a "smart cities" model. Concamin has selected Aguascalientes, Cuernavaca, León and Pachuca (in the center of the country), Coatzacoalcos,...
RIO DE JANEIRO, BRAZIL - Mexico has taken yet another step towards becoming the third country in the world, along with Uruguay and Canada, to legalize the personal recreational use of marijuana. After the Senate had passed, last November 19th,...
RIO DE JANEIRO, BRAZIL - Mexico’s state oil company Petroleos Mexicanos (Pemex) reported on Friday, February 26th, a fourth-quarter 2020 net profit of 124.28 billion pesos (US$6.23 billion), helped by currency appreciation, lower imports and tax benefits. It marked a...
By Robert J. Bowman, SupplyChainBrain RIO DE JANEIRO, BRAZIL - As a favored source of low-cost manufacturing for U.S. markets, Mexico seems to come and go. The formation of maquiladoras, factories mostly located in areas close to the U.S. border, kicked...
RIO DE JANEIRO, BRAZIL - Mexican automotive production and exports fell in January, data from the national statistics agency (INEGI) showed on Monday, February 8th. Auto output tumbled by 15% from January 2020 to 278,711units, the figures showed, while auto...

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