Unilever to invest 100 million Euros in Mexico

The world’s second biggest consumer goods company, Unilever, announced at the beginning of this week, that they plan to open a factory in Mexico, located in Jiutepec in the central Mexican state of Morelos in the CIVAC (Ciudad Industrial del Valle de Cuernavaca) industrial park.

President Felipe Calderon opened the new facility together with Unilever CEO Paul Polman, in which Unilever will invest 100 million Euros ($145 million dollars) in the factory over the next three years, as a way to double their sales growth. This new plant is expected to have a very positive effect on the economy of the region.

Click here to see the full story.

Mexico and Turkey Sign Air Transportation Agreement

According to Turkey’s Civil Aviation regulator, Turkey and Mexico recently signed an agreement to begin flights between the two countries. With the signing of this air transportation agreement, passenger and cargo flights between Mexico and Turkey will be allowed to connect through Portugal’s Lisbon and Porto airports. Read more on this great change in the international aviation industry here.

Foreign Investment in Mexico Stands Strong

As this article mentions, there is a lot of talk about the violence in Mexico, but what most people don't realize is that the border economy is still booming.

Last year Reynosa, a city along the border, added 4,000 jobs to the Mexican auto industry. These plants refuse to let the persistent violence affect their business; foreign investment in Mexico continues to roll in and plans for factory expansions are in motion.

Debunking Market Myths: 4 Reasons to Keep Investing | Fin - Breakout - US - Yahoo! Finance

Debunking Market Myths: 4 Reasons to Keep Investing | Fin - Breakout - US - Yahoo! Finance

Watch this video on personal investing that can be considered as a mini class in learning where to invest your money. Knowing the keys to economic recession and recovery can affect just how well you carry out your offshore investing.