Baxter International, a global medical technology company, has five manufacturing facilities in Mexico and a Global IT Service Center in Guadalajara, Jalisco. The other two plants are part of its Americas business, located in Atlacomulco, Estado de Mexico; Cuernavaca, Morelos; and Tijuana, Baja California. Two other plants are
Flex LTD, also known as Flextronics International LTD, further increased its assets in property, plant and equipment in Mexico compared to China and the United States. As of March 31, 2023, this company’s assets in Mexico were US$763 million, an increase of 21.9% over the immediately preceding fiscal
Mexico‘s processed food exports broke records in 2022, growing 23.7% year-on-year and totaling 15.598 billion dollars, according to Inegi data. Compared to a decade ago, 2012, these foreign sales grew 134%, from 6,677 million dollars. Mexico is competitive in the food industry because it has a broad and
The Mexican government anticipates that the Mayan Train development project, which was approved by the indigenous communities of the Yucatan Peninsula in December 2019, will begin operations in December 2023. The train will connect the states of Yucatan, Campeche, Quintana Roo, Tabasco and Chiapas and involves 1,500 kilometers
The electricity interconnection between Mexico and Guatemala began commercial operation at the end of 2010, according to the Economic Commission for Latin America and the Caribbean (ECLAC). As a result, Mexico exported electric energy to Guatemala for US$119 million, a 63% year-on-year increase and a record. Mexico also
The Mexico-Toluca Intercity Train will begin operations on September 14, 2023, at the Zinacantepec, Pino Suárez (Toluca Centro), Tecnológico (Metepec) and Lerma stations, as part of the first stage. The new transportation service will operate with a 10-minute frequency, starting at 6:00 a.m. and ending at 11:00 p.m.