Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Canadian business becomes first to invest in Mexico under new USMCA trade deal

As part of the entry into force of the trade agreement between Mexico, Canada and the United States, USMCA (T-MEC in Mexico), the off-road vehicle company Bombardier Recreational Products (BRP) announced that it will build a plant to produce four-wheel vehicles in Ciudad Juárez, Chihuahua.

The investment includes a sum of $136 million US dollars. In addition, this action is expected to generate more than 1,000 permanent jobs in Mexico.

A statement released by the Canadian firm indicates that the expansion of production capacity is focused on keeping up with . . .

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