The Volvo Group has announced it will build a new heavy-duty truck manufacturing plant in Mexico to supplement the Group’s U.S. production. The plant will provide additional capacity to support the growth plans of both Volvo Trucks and Mack Trucks in the U.S. and Canadian markets, and support Mack truck sales in Mexico and Latin America. The plant is expected to be operational in 2026. Photo: The Volvo Group The company’s main North American heavy truck production sites will continue to be the Mack LVO plant in Pennsylvania and the Volvo NRV plant in Virginia. The Group has invested more than ..read more

As the global economy adjusts to persistent economic and geopolitical pressures and disruptions, the familiar routes that defined the world trade map are being redrawn and regional trade lanes are playing a greater role in world trade, according to a new analysis by Boston Consulting Group (BCG). “This is a not a blip. These changes in trade patterns are reshaping the global economy. Companies need to be thoughtful and decisive, or risk being caught out by fast-moving factors outside of their control.” — Michael McAdoo, BCG The changing trade picture shows that overall global trade is growing ..read more

As the global economy adjusts to persistent economic and geopolitical pressures and disruptions, the familiar routes that defined the world trade map are being redrawn and regional trade lanes are playing a greater role in world trade, according to a new analysis by Boston Consulting Group (BCG). “This is a not a blip. These changes in trade patterns are reshaping the global economy. Companies need to be thoughtful and decisive, or risk being caught out by fast-moving factors outside of their control.” — Michael McAdoo, BCG The changing trade picture shows that overall global trade is growing ..read more

Twice monthly, our editors dive into topics, industries, and news-of-the-day items in the BF Editors’ Blog that might be a bit different from our typical coverage. Have an interesting idea for a blog topic? Email our Associate Editor at kwilliams@groupc.com with “BF Editors’ Blog” in the subject line. By Kari Williams, Business Facilities Associate Editor Santa’s origin story is varied, but present-day versions of the myth lean heavily on his homebase being the North Pole. While it has served him well as he fends off disbelievers like the Grinch, Burgermeister Meisterburger ..read more

North Dakota-based Bobcat Company plans to invest approximately $300 million to expand its manufacturing footprint with a new plant in Monterrey, Mexico.  The new facility is expected to create an additional 600 to 800 jobs in the region, with production is expected to begin in early 2026. The new facility will create additional production capacity and manufacturing capabilities for select compact track and skid-steer loader models. “As a global company with manufacturing facilities, offices, dealerships and customers across the globe, we have seen tremendous growth and increased demand f ..read more

Digital engineering services provider Ascendion recently celebrated the opening of its newest office in Monterrey, in the state of Nuevo León, Mexico. The move marks a significant milestone for New Jersey-based Ascendion as it expands into one of Mexico’s technology and business hubs. Iván Rivas Rodríguez, Secretary of Economy of the Government of the State of Nuevo León welcomes Ascendion CEO Karthik Krishnamurthy. (Photo: PRNewsfoto/Ascendion) At the event, Ascendion CEO Karthik Krishnamurth emphasized the company’s dedication to its clients and the future of software engineering. “We stand ..read more

Sercomm Corporation recently opened its new state-of-the-art manufacturing facility in Tijuana, Mexico. The new facility marks a significant milestone in Sercomm’s globalization strategy, and reinforces the telecom and broadband equipment manufacturer’s commitment to meeting customer demands in the North America and Latin American (LATAM) markets. Situated on the U.S.-Mexico border, the manufacturing facility offers proximity to market, enabling increased supply chain responsiveness and real-time engineering engagement with broadband service providers. Specializing in professional video stream ..read more

RED BANK, NJ — Business Facilities has revealed top ranked nations for select categories in its 19th Annual Global Rankings Report. Focused on 60+ factors that are pertinent to site selection teams, the full report — including State, Metro, and Global Rankings — will be published in the July/August 2023 issue of the magazine. “Both established and emerging national economies are being recast on the global stage post-pandemic. In this year’s rankings, we saw a number of locations retain top spots while also noting the rise of countries not ranked in previous years,” says Business Facilities Edi ..read more

Twice monthly, our editors dive into topics, industries, and news-of-the-day items in the BF Editors’ Blog that might be a bit different from our typical coverage. Have an interesting idea for a blog topic? Email our Associate Editor at kwilliams@groupc.com with “BF Editors’ Blog” in the subject line. By Kari Williams, Business Facilities Associate Editor Santa’s origin story is varied, but present-day versions of the myth lean heavily on his homebase being the North Pole. While it has served him well as he fends off disbelievers like the Grinch, Burgermeister Meisterburger ..read more

North Dakota-based Bobcat Company plans to invest approximately $300 million to expand its manufacturing footprint with a new plant in Monterrey, Mexico.  The new facility is expected to create an additional 600 to 800 jobs in the region, with production is expected to begin in early 2026. The new facility will create additional production capacity and manufacturing capabilities for select compact track and skid-steer loader models. “As a global company with manufacturing facilities, offices, dealerships and customers across the globe, we have seen tremendous growth and increased demand f ..read more