As part of the National Development Plan, the federal government of Mexico initiated in 2019 the Development Plan for the Isthmus of Tehuantepec. The Isthmus of Tehuantepec Development Plan includes the Isthmus of Tehuantepec Interoceanic Corridor, which was created on June 14, 2019 and is expected to be
Sanofi, one of the world’s largest drug and vaccine manufacturers, generated sales for Dupixent of €8,293 million in 2022. That amount represents 19.3% of the company’s net sales last year and is Sanofi’s top product in terms of sales. Sanofi’s business consists of pharmaceuticals, including Dupixent (dermatology/asthma uses),
With total revenues of $51.217 billion in fiscal 2023, Nike is the world’s largest seller of athletic footwear and apparel. Its total revenues grew at a year-on-year rate of 10% in that year, which ended last May 31. In general, the footwear, apparel and sports equipment industry is
FedEx, a company focused on transportation, e-commerce and business services, projects fewer aircraft-related investments and more on networks for the fiscal year that began June 1, 2023 (fiscal year 2024). The company expects its capital expenditures for fiscal 2024 to be approximately $5.7 billion, down $500 million from
The German multinational company Bosch is building a refrigerator factory in Monterrey, Mexico, which will be carbon-free. Bosch, through its subsidiary BSH Hausgeräte, is strengthening its international presence, especially in North America. In 2022, BSH Hausgeräte began construction work on this factory, which will start manufacturing refrigerators for
Chip shortages remain the biggest supply chain constraint facing automotive equipment manufacturers, according to an analysis by the U.S. International Trade Commission (USITC). Today, this problem is considered the biggest constraint to automotive production as a whole. During 2022, North American light vehicle production was 14.3 million units,