Goldman Sachs projects that green hydrogen will represent an $11 trillion market opportunity for the utility sector from 2022 to 2050. NewHydrogen says hydrogen is the cleanest and most abundant fuel in the universe, has zero emissions, and produces only water vapor when used. However, hydrogen does not
In mid-2023, Bosch plans to open a plant in Querétaro, Mexico, for products and components for mobile applications and factory automation. The plant will employ around 900 workers when it is fully operational in 2027. With this, Bosch Rexroth, a Bosch subsidiary, wants to expand its capacity to
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