INVESTMENT NEWS

Central Mexico Christus Muguerza

The hospital Christus Mugerza Altagracia opened a new facility with an investment of $70 million dollars, generating 500 new jobs in Guanajuato.

Xinquan

The Chinese company, announced an expansion in their facility in Aguascalientes, with an investment of $30 million dollars, and 600 new jobs. It specializes in high-tier automotive components. It will be located in San Francisco IV Industrial Park.

Northwest Bankaool

Mexican bank Bankaool, announced a $120 million dollar expansion in Chihuahua, expanding its presence in the northwest region of Mexico. This investment will contribute to the growth of the banking sector and the local economy.

Gpo

Chemical company, GPO, announced a significant expansion in Los Mochis, Sinaloa. This expansion involves a $5 billion dollar investment and is expected to contribute to the growth of the chemical industry of the region.

Northeast Phillips

The company will expand its operations in Arteaga, Coahuila, investing $35 million dollars, and creating 1600 jobs.

Grupo Fives

French manufacturing company, announced a $10 million dollar expansion in Ramos Arizpe, Coahuila, creating 160 jobs.

Cdmx

Satex Textile

Mexican textile company announced a $15 million dollar expansion in Lerma, located in the central region of Mexico, between Mexico City and the State of Mexico. This investment will generate 2,500 jobs.

Labor Rights Of Elderly People

The Mexican senate has unanimously approved a bill to modify the labor law regarding the rights of elder workers.

The approved bill now needs to be discussed and voted by the lower house of the Mexican Congress.

If approved by both chambers the law will now require employers to have a minimum of 5 percent of its total headcount of workers being aged 60 years old or older.

It is still uncertain when this potential change to the law can happen and what would be the transition time for the employers to achieve this new age quota.

ALVARO GARCIA HR, Vice President