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Overall economic weakness in Mexico continued in the 4th quarter of 2013

Consensus forecast predicts that GDP growth will accelerate this year

by Thomas M. Fullerton, Jr. and Adam G. Walke // March 21, 2014

Overall economic weakness in Mexico continued in the 4th quarter of 2013

Overall economic weakness in Mexico continued in the 4th quarter of 2013, with real GDP only 0.7 percent above the level attained during the last quarter of 2012. However, the consensus forecast predicts that GDP growth will accelerate this year, driven by higher government spending and an investment recovery. The consensus calls for 3.1 percent growth in real GDP. More...

NAFTA's Bad Apples

Business & Technology

NAFTA's Bad Apples

by Kent Paterson, Frontera NorteSur // March 3, 2014

Facing ruin, apple producers in the Mexican border state of Chihuahua are mulling an anti-dumpring complaint against U.S. imports. Ricardo Marquez Prieto, president of the Chihuahua Regional Union of Fruit Growers, charged that unfair competition from Mexico's partner in the North American Free Trade Agreement (NAFTA) threatens the viability of the local apple industry. More...

Mexican business organization to discuss economic development in Ciudad Juárez

Business & Technology

Mexican business organization to discuss economic development in Ciudad Juárez

Coparmex's 45th Annual Assembly will be held on Jan. 30 at the Cibeles Convention Center

by Berenice Gaytán, El Diario de Juárez // January 28, 2014

The Employers Confederation of the Mexican Republic (Coparmex), a national Mexican business organization, will be holding its 45th Annual Assembly on economic development in Ciudad Juárez on Thursday, January 30. The event is open to the general public. More...

Border businesses eligible for disaster loans

Business & Technology

Border businesses eligible for disaster loans

by Kent Paterson, Frontera NorteSur // January 20, 2014

Certain, small non-agricultural enterprises in the Paso del Norte borderland are now eligible for U.S. Small Business Administration loans because of the drought extending across the region. More...

Christmas orders boost maquiladora industry in Ciudad Juarez

Business & Technology

Christmas orders boost maquiladora industry in Ciudad Juarez

2,923 jobs gained in October, jobs compensate for impacts of tax reform

by Berenice Gaytán, El Diario de Juárez // November 15, 2013

Christmas orders boosted maquiladora employment numbers in Ciudad Juarez for October. In the last month, the manufacturing sector gained 2,923 jobs, after losing 490 in September due to the uncertainty of Mexico’s new tax reform. More...

The high cost of candy:  Death toll climbs in factory disaster

Business & Technology

The high cost of candy: Death toll climbs in factory disaster

by Kent Paterson, Frontera NorteSur // November 13, 2013

The fatal toll from the October 24 explosion and partial building collapse at a Mexican border candy factory now stands at eight workers. The death of Miguel Armando Reyes Castro was announced this week after the critically injured worker succumbed in a Guadalajara hospital where he had been transferred for treatment of severe burns sustained from the pre-Halloween disaster that struck the Dulces Blueberry factory hundreds of miles to the north in Ciudad Juarez. More...

Fountains at Farah opens with a splash

Business & Technology

Fountains at Farah opens with a splash

by Lucia Quiñonez // November 8, 2013

Business leaders Paul Foster and Wes Miller, along with city officials and the public kicked off a three-day open house Friday morning for the new Fountains at Farah pavilion shopping center in central El Paso. After years of uncertainty, the abandoned Farah manufacturing property has been transformed into a shopping center that will house a number of well-known nationwide retailers.
More...

Border candy factory explodes

Business & Technology

Border candy factory explodes

by Kent Paterson, Frontera NorteSur // October 25, 2013

A deadly explosion at a Ciudad Juarez export factory, or maquiladora, left two workers dead and about 50 others injured on Thursday afternoon, October 24. Early news accounts reported that two or three other people were possibly missing after the blast. The disaster was traced to an old boiler that exploded, sending walls crumbling and a floor collapsing in the plant operated by candy maker Sunrise Confections. More...

U.S. crisis unsettles Mexico

Business & Technology

U.S. crisis unsettles Mexico

by Kent Paterson, Frontera NorteSur // October 11, 2013

The partial shutdown of the U.S. government is unsettling the Mexican economy. As the crisis took shape last week, the Mexican peso dipped to 13.34 units per dollar, an amount which represented the second largest depreciation in 2013. The pending October 17 showdown over the U.S. debt limit is likewise contributing to the jitters, said Gabriela Siller, an analyst for Mexico-based Banco Base. More...

O’Rourke, CBA welcome border-crossers on Paso Del Norte bridge

Business & Technology

O’Rourke, CBA welcome border-crossers on Paso Del Norte bridge

Congressman and downtown business group highlight importance of US-Mexico trade

by Alberto Tomas Halpern and Emanuel Anthony Martinez // September 2, 2013

On a typical Saturday afternoon at the Paso Del Norte international bridge in downtown El Paso, the area where pedestrians exit the doors of the Customs and Border Protection (CBP) inspection station, and enter into the United States, is solitary and quiet. More...

New Mexico-Chihuahua Border Brouhaha

Business & Technology

New Mexico-Chihuahua Border Brouhaha

by Kent Paterson, Frontera NorteSur // August 29, 2013

In the aftermath of a media blitz staged by the state governments of New Mexico and Chihuahua to jointly promote the development of the emerging Jeronimo-Santa Teresa borderplex, a sharp polemic over the project has rekindled in Ciudad Juarez. More...

Higher Mexican sales tax opposed

Business & Technology

Higher Mexican sales tax opposed

by Kent Paterson, Frontera NorteSur // July 23, 2013

Mexican business leaders in the northern border region are mobilizing against an increase in sales taxes that could result from a looming tax reform. In a petition to their federal government, the presidents of 12 border area chambers of commerce argue against a possible sales tax hike on the grounds that it would harm local businesses and benefit competitors just across the border in the United States. More...

Mass food poisoning at border factories

Business & Technology

Mass food poisoning at border factories

by Kent Paterson, Frontera NorteSur // July 11, 2013

For the second time in less than a month, a suspected case of mass food poisoning at a border assembly plant was reported in the media. On Wednesday, July 10, between 50- 100 workers and administrative personnel at a Robert Bosch plant in the Mexican border city of Ciudad Juarez reportedly came down with vomiting, headaches, nausea and other symptoms of food poisoning. More...