“…U.S. trade with the world totaled $5.1 trillion in 2023, according to data from the U.S. Census Bureau. Mexico did almost $800 billion in trade with the United States last year, once again becoming the nation’s top trade partner.
“I think you’re seeing growth all across the U.S.-Mexico border … and Laredo [Texas] is where the rubber meets the road,” said Jordan Dewart, president of Redwood Mexico. “I think that’s where the infrastructure is headed. That’s where the main investment deals on highways to access the border are going. If you go to Laredo right now, the amount of new warehousing construction, new trucking facilities construction, is just staggering. There are miles and miles of construction. If you drive up I-35, you can see the dust clouds from 50 miles away from all construction. So I think everyone will benefit.”…”
“…The Directorate of Immigration Services of the Québec Government Office in Mexico in partnership with Montreál International announced the search for qualified personnel to work in one of the most important cities of the French-speaking province.
The search for Mexican talent is due to the fact that Mexico has professionals specialized in this sector with high quality training, they are receptive to immigration, they adapt easily, and Québec is geographically close, culturally familiar and Latin American…”
“…The study notes that while Hispanics and Latinos make up 19% of the US population they only represent about 8% of the professional labor force. And within corporate America, only 10% of managers and 5% of executives identify as Hispanic or Latino/a…”
https://www.aol.com/hispanic-latino-professionals-feel-overlooked-213312572.html
“The new building joins the advanced electronic components manufacturing plant that began production in 2023, thus completing the Monterrey campus – a strategic complex for the leading automotive technology company at a regional and global level. It is the first multi-functional and multi-divisional campus for ZF in Mexico.
Located in a 43,294 square metre area inside FINSA Guadalupe Industrial Park, ZF’s Monterrey campus is one of the most innovative and advanced of its kind in Mexico, allowing ZF to continue leading the development of cutting-edge technologies for the automotive industry…”
“The Beneficial Ownership Information (BOI) Reporting Rule of the Corporate Transparency Act (CTA) entered into force on Jan. 1, 2024. Now, U.S. or Mexican entities will be required to report the individuals who directly or indirectly exercise substantial control over the entity or own 25 percent or more of the ownership interests in that entity, unless the entity is exempt from reporting.
In addition, the Financial Crimes Enforcement Network (FinCEN) on Feb. 16, 2024, proposed a new transparency initiative focused on “all cash” acquisitions of U.S. residential real estate by entities and trusts, with a requirement that real estate professionals involved in the transaction must report the individual beneficial owners and other information to FinCEN within 30 days of closing. Learn what this latest proposal means if you acquire U.S. real estate through an entity or a trust…”
https://www.hklaw.com/en/events/2024/04/new-reporting-requirements-for-mexicans-and-other-foreigners
“The borderlands between Mexico and the US are among the most studied border regions in the world. The border represents an intersection of several studies on security, culture, environment, and economics. This book can encompass and touch on a myriad of complex issues affecting the Mexican-American border by taking a deep dive into both sides of the border. The authors use a variety of perspectives and experts to thread together an intricate picture of the current and future state of the border. Sergio Chapa and Guadalupe Correa-Cabrera are the authors of this book. Sergio Chapa is an oil and natural gas industry expert and journalist in Houston, Texas. Guadalupe Correa-Cabrera is a professor at the Schar School of Policy and Government, George Mason University. Sergio Chapa and Guadalupe Correa-Cabrera’s book explores the natural and ethnographic landscapes of both sides of the US-Mexico borderlands. The authors provide insight into the region’s cultural life, political context, and security situation…”
‘A proposed class action lawsuit accuses auto parts supplier Sewon America and recruitment agency Total Employee Solution Support (TESS) of luring and exploiting highly skilled Mexican engineers and technicians to a LaGrange, Georgia, Sewon manufacturing plant as part of an illegal “bait and switch” scheme to secure cheap labor…”
“…Trump made the claim during a weekend rally in Dayton, Ohio, where he also challenged Chinese President Xi Jinping. “Those big car manufacturing plants you are building in Mexico right now, and you think you are going to get that—not hire Americans, and you’re going to sell the car to us?” he asked. “No, we are going to put a 100% tariff on every car that comes across the lot.”…”
https://www.cbtnews.com/trump-promises-100-tariff-on-china-backed-cars-crossing-mexican-border/
“MIAMI, FL — March 13, 2024 — (NOTICIAS NEWSWIRE) — The Ibero-American Festival of Creativity (FIAP) and Advertising Week LatAm (AWLATAM) will continue working together this year to consolidate the largest gathering of the creative industries in Latin America.
“We’re proud to elevate the creative landscape through the FIAP Awards. This collaboration not only showcases the region’s exceptional talent but also reinforces the power of partnership in fostering innovation and excellence across the industry,” said Douglas Rowell, President of Advertising Week LatAm.
This strategic alliance, facilitated since 2023 by PRODU – a leading information outlet in the Hispanic communication industry – becomes a clear example of the collaborative power of large institutions to strengthen the creative industries in Ibero-America…”
https://www.noticiasnewswire.com/fiap-and-awlatam-ratify-their-alliance/
“Founded by Mexican-American professional golfer Abraham Ancer and Mexican entrepreneur Aron Marquez and backed by entrepreneur, actor, and producer Mark Wahlberg, the tequila is crafted from 100% Blue Weber Agave that is always harvested at full maturity and produced according to traditional methods at Orendain Distillery in Jalisco, Mexico.
“I’m here to shine the spotlight on the guys who are authentically creating additive-free tequila that’s of real quality and is true to its Mexican roots. Over my next few months in Australia, I look forward to dropping into local liquor stores, having a drink at some of Sydney’s best tequila bars and signing plenty…”
“Mexico will need to attract more than $41 billion in investment to generate an estimated 37 GW of additional electricity capacity required to meet the increased energy demand anticipated by nearshoring, Abraham Zamora, president of the Mexican Energy Association (AME), said during a recent presentation in Monterrey…”
“…Global Guardian recently published its 2024 Global Risk Assessment. It lists Mexico as a high-risk country on par with Haiti, Venezuela and Ecuador, where criminal gangs went on a rampage last month, taking over a television station at gunpoint and capturing and executing police officers and soldiers.
“There’s a lot of cartel violence, especially in border states,” Ballard said. “The violence is rampant. We are seeing clashes frequently. On social media, we’re seeing footage of clashes between CJNG (the Jalisco cartel) and the different factions within Sinaloa [….] I know some parts of the country have been hit worse by the cartel violence. Zacatecas and Colima have extremely high murder rates. In Guanajuato, security forces are being targeted at an almost unprecedented rate.”…”
“…Mexico’s Federal Commission for the Protection Against Health Risks (COFEPRIS) also recently made public its priorities and work agenda for 2024, some of which parallel those laid out by ANVISA.
In a document released on 30 January, COFEPRIS described efforts to promote regulatory certainty, improve confidence in its processes, and expand digitalization as a strategy to speed approvals.
COFEPRIS said 2024 would see the launch of its biosimilars unit and pharmaceutical development committee, both of which share the goal of expanding Mexican manufacturing. The agency also promised to refine rules for conducting clinical research “with the aim of achieving competitive service times.”…”
“…Sol Muniz and his wife, Karla Delgado, opened La Callejera food truck on Thanksgiving Day. “We figured what better way to give thanks than to work on the opening of our food truck. We actually had a good day,” Muniz said.
The family moved to the Triad from Palm Springs last June to be closer to Delgado’s mother and stepfather. “We wanted to give our kids a better life, better schooling,” Muniz said.
“California had gotten so expensive,” Delgado said. “And my mom was always saying, ‘You should move here and get a food trailer’ – so we did!”…
“As one of the most dynamic and fastest-growing Latin American countries, Mexico is an attractive proposition for many companies looking to expand their operations. Furthermore, the nation’s capital, Mexico City, is a highly desirable place for expats, boasting a relatively low cost of living, favorable weather, amazing access to Mexican cuisine and Mexican art, as well as the intangible cultural heritage the city offers.
If you are an employee moving to Mexico, you probably have many questions about Mexican culture and Mexican society, as well as what your new professional life may be like once you relocate. Having a decent understanding of the various norms and practices that are part of Mexican life—especially in the corporate sector and in Mexican cities—can help you get ahead as you establish your new career path abroad.
Read on to learn about important points of Mexican culture and identity that may be useful during your time working in Mexico…”
https://newlandchase.com/increasing-cultural-sensitivity-for-employees-moving-to-mexico/
“November 29, 2023
In a move that signaled a significant step forward in its commitment to fostering innovation and global, digital leadership in Latin America, the Thunderbird School of Global Management at Arizona State University, in partnership with Cintana Education and the Universidad Autónoma de Guadalajara (UAG), has announced a new regional Center of Excellence in Mexico…”
“Mexico’s pipeline imports of U.S. natural gas should continue rising over the coming years even in the most conservative demand scenarios, experts agreed at the US-Mexico Natural Gas Forum
“HAVANA, Cuba, Nov 3 (ACN) Experts and specialists of the Associations of Sugar Technicians of Cuba and Mexico (ATAC-ATAM) are meeting today in Havana for their 7th meeting on the flexibility and diversification of the sugar agribusiness in their countries and also in Brazil.
The deliberations will be held at the National Sugar Training Center, starting from the consideration of aspects common to their respective managements, especially for a space for analysis, reflection and exchange of experiences, ATAC reported exclusively to the Cuban News Agency.
Mainly, it added, to contribute to the reorientation and development of the productive chains of co-products and derivatives, in an efficient and effective way in the current conditions, taking into account the requirements of sugarcane agriculture that supports it…”
“HOUSTON —
U.S.-Mexico cross-border natural gas market decision-makers participate in key industry event to gain insight, analyze, and structure arrangements to buy, sell and transport natural gas. Hundreds of energy industry professionals convene in November to gain insight and conduct analysis of up to the minute issues facing US-Mexico cross-border natural gas markets. The 7th Annual US-Mexico Natural Gas Forum takes place November 13-15, in San Antonio, TX. This is the industry’s premier gathering for natural gas industry professionals, which is much more than simply a conference with participants routinely negotiating transactions during the event. Dedicated networking time is incorporated into the agenda to ensure participants are able to engage with other key stakeholders. The Program for this year’s event includes all the critical issues faced by stakeholders in this dynamic market. Agenda highlights include:…”