Heinz to Invest US$6 Million in Mexico

Via Maquilaportal.com
With a plant in Guadalajara, Jalisco, and corporate offices in Mexico City, Heinz Mexico estimates to close 2011 with invoicing for US$60 million, including exports. The Company plans investments for US$6 million in the next two years to produce in Mexico its flag-product, tomato ketchup.

Google Defends Investment

Larry Page, who is the chief executive of Google, defended his company's controversial investment priorities, after having reported higher-than-expected earning for the second quarter.

Wall Street has repeatedly reported it's worries that have spun out of control this year as Google has launched a number of ambitious expansion plans, including its recently launched Google+ social networking service. Click here to get the full story.

Mexico Experiences Biggest Trade Surplus in 15 Years

Today Reuters reported that Mexico exported $23.5 billion in factory goods in May compared to $22.9 billion in the previous month. In March, "Mexico posted its biggest monthly trade surplus in more than 15 years" as the Mexican economy benefitted greatly from higher gas prices as the United States' primary crude supplier.

Mexico's economy is expected to grow around 4.5 percent this year on factory exports and a rekindling of domestic consumer demand following the 2008-2009 recession.

Click here to get the full report on the increase in trade dollars.

Despite Violence, Juarez Economy is Booming | México Today

Despite Violence, Juarez Economy is Booming | México Today

Recently, MexicoToday.org highlighted Juarez, one of the cities on the U.S.-Mexico border leading the way for the Mexican economy. According to Bob Cook, the president of the El Paso Regional Economic Development Corporation (REDCO), “What we see happening in Juárez right now is a city of competing realities. We have this mostly cartel-related violence taking place, but interestingly, while that is happening, Juárez is leading Mexico in almost every industrial indicator, in terms of new jobs and investment."

While the media focuses on portraying a single view of Mexico, the reality is that investment opportunities are at an all-time high and the Mexican economy is seeing continued growth.