Five companies recently announced big plans in Mexico, including two new factories and several major expansion projects. The projects will generate more than $100 million in foreign investment in Mexico and could create up to 4,300 jobs at export factories across the country.
Bayer de Mexico signed a 15-year power purchase agreement with Spanish electric utility Iberdrola this week for electricity from a wind farm under development in Baja California Sur. The wind facility is expected to provide renewable energy to Bayer's 4 plants and 23 operation centers in Mexico.
The Governments of Mexico and the United States agreed on Friday to extend non-essential traffic restrictions on their common border for another 30 days, due to the continuing spread of COVID-19 in both countries. The land travel ban now continues until September 21.
According to a recent study by Despegar, 65 percent of Mexican travelers will make their first post-pandemic trip to national destinations between August and November of this year. A majority of these same travelers say they intend to drive rather than fly.
During the first quarter of 2021, AstraZeneca will start manufacturing the Covid-19 vaccine in Mexico. Deputy Health Minister Hugo López-Gatell said the vaccine will be 'universal and at no cost in Mexico because that's the Mexican government's plan.'
COVID-19 has significantly altered consumer shopping patterns across Mexico, according to industry insiders. Mexico's largest e-commerce platforms - WalMart, Amazon and Mercado Libre - all reported gains in users and revenue during the second quarter of 2020.
To reinforce the disinfection of COVID-19 areas in Jalisco's hospitals, the University of Guadalajara's Fray Antonio Alcalde and Dr Juan I. Menchaca civil hospitals will be the first in the country to use a robot that disinfects spaces using ultraviolet light.
Mexico has started getting people back to work again in August after losing 1.1 million formal jobs between March and July due to the economic fallout of the coronavirus pandemic, President Andres Manuel Lopez Obrador said on Saturday, via a video posted on YouTube.
The US State Department has slapped Mexico with an overall Level 4 advisory, based upon multiple considerations, many of which have nothing to do with COVID-19. However, in many key tourism destinations, travel warnings mainly advise visitors to take routine precautions.
On July 31, the last Fusion rolled off the Ford assembly line in Mexico. The automaker announced that the Hermosillo plant will start assembling the new Bronco Sport in September, making factory workers feel pretty good about their employment prospects for the near-future.
