Mexico's Richest Man Buys Stake In New York Times

Morning Edition, September 29, 2008 · Mexican billionaire Carlos Slim is barely known in the U.S. Most of his wealth was created through the privatization of Mexico's telephone company. Slim recently bought a 6.4 percent stake in The New York Times Company...Slim has a substantial influence over the telecommunications industry in Mexico and much of Latin America as well. He controls Teléfonos de México (Telmex), Telcel and América Móvil companies. Though he maintains an active involvement in his companies, his three sons Carlos Slim Domit, Marco Antonio Slim Domit and Patrick Slim Domit head them on a day-to-day basis.MORE - Slim on WEB - IMAGES - SHOP Carlos Slim

HISTORY ON VIEW

The exhibition “Teotihuacan: City of the Gods” opened this week in Monterrey, Mexico, with more than 400 relics of the mysterious ancient city provided by museums and collections around the world. The exhibition is the largest ever assembled on Teotihuacan.

Teotihuacan was at its peak between 150 BC. and 450 AD, with an estimated 200,000 residents, making it then the largest city in the Americas, larger than Rome and likely the largest city in the world during that age. Yet experts are uncertain as to who built it and why it was suddenly abandoned around 700 AD. For years, archaeologists thought the city was of Toltec origin, but have since determined that the Toltec civilization came later, as did the Aztecs who believed Teotihuacan was a divine city. Sometime during the 7th or 8th Century, Teotihuacan was set aflame and abandoned. Again, the reason remains a mystery.,MORE

LOGISTICS IN THE MEXICAN WAR

(Title Link to story showing Monterrey as it appeared to General Taylor in 1846.)
He had been beset by logistical troubles, culminating in a shortage of wagons for the final approach to Monterrey. This limited his force to 6,000 against 7,000–9,000 Mexican defenders.

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EXPOSITION DEDICATED TO METAL FABRICATION IN MONTERREY

The Fabricators and Manufacturers Association, Int’l (FMA) and the Society of Manufacturing Engineers (SME), announced plans today to launch a new trade show, FABTECH® Mexico, to be held June 2-4, 2009 at the CINTERMEX exhibition center in Monterrey, Mexico. FABTECH Mexico will co-locate with the established AWS Weldmex (organized by the American Welding Society and Trade Show Consulting) and METALFORM Mexico (organized by the Precision Metalforming Association) shows. The joint event is expected to serve manufacturing professionals and practitioners throughout Mexico and Central America. MORE

Highway Construction

Mexico's Communications and Transport Ministry started seeking bids Thursday for a concession to operate, upgrade and expand toll roads in northeastern Mexico.
The tender calls for the upgrading and construction of 451 kilometers of roads, as well as the construction of the country's first international rail bridge in over a century, the ministry said in a press release.
Dow Jones also reports the 30-year concession includes several highways from the northeastern industrial hub of Monterrey to the U.S. border, and three border bridges. It also includes construction of other roads in the area.
Bids for the highway package are due by the end of March, 2009, and the concession is expected to begin July 31, the ministry said.
The highways being tendered are among those that the government took over in a bailout of private toll roads after the 1995 financial crisis. Proceeds from the new concessions are being used to pay debt related to the bailout and for additional road works.
The northeastern road package is the third under the program. A first package was awarded in 2007 and a second is in process.

Landfill Gas Plant is Model Renewable Energy Project

The landfill, operated by Bioelectrica de Monterrey, SA de CV, a subsidiary
company from SEISA and Gentor, is located in Salinas Victoria just north of
Monterrey. The 12-MW project converts the Simeprode landfill's gas into electricity, which is used to support the solid waste facility's operations as well as Monterrey's light-rail system during the day and city street lights at night. The electricity is also being sold at a discount rate to seven municipalities in the greater Monterrey region...MORE - Bioelectrica de Monterrey

"The Sultannes of the North"

Nicknamed "The Sultannes of the North" and "The City of Mountains", one of the most advanced and developed cities of Mexico and Latin America, home of the suburb of San Pedro, the wealthiest city per capita in all of Mexico and Latin America.
Known worldwide as a business and medical center, this metropoli grew up as an industrial town, and now bursts to life as a trendy and wealthy city with it all. Fashion, Nature, Night life, Business , Medicine, Technology,Education. Monterrey, Mexico's Finest.

Horno 3, an oven that was used for the steel industry's production. Now its the first Industrial History Museum in Mexico. Its considered as Monterrey's Eiffel Tower.

Tecnológico de Monterrey 65th anniversary

The Tecnológico de Monterrey celebrated the 65th anniversary of its founding September 6. The event marks a timely moment to reflect on the Institution's origins, its history, and setting new challenges at the service of Mexico's development.

In 1943, few would have imagined what the Tecnológico de Monterrey would amount to at the turn of the 21st century. Among those that did were Mr. Eugenio Garza Sada and a group of Mexican entrepreneurs that supported his vision of creating a forward-looking educational institution which would produce the country's best talent and would withstand the test of time.

Has it ever. Today, its mission of forging upstanding individuals with ethical standards and a humanistic outlook, who are internationally competitive in their professional fields and at the same time citizens committed to the economic, political, social, and cultural development of their communities and to the sustainable use of natural resources, is reflected day after day in its more than 90,000 students and its close to 200,000 alumni.

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Monterrey Airport

MONTERREY, Mexico, Sept. 10, 2008 (GLOBE NEWSWIRE) -- Mexican airport operator Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA, announced an end to its incentive program at the Monterrey Airport, in order to help sustain profitability in light of current conditions in the air transport industry.

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Hotel Four Points by Sheraton Galerias Monterrey

In Monterrey, Nuevo Leon you have an excellent choice where stay during your vacations, the Hotel Four Points by Sheraton Galerias Monterrey and is the only hotel in front of the Monterrey Galleries. The hotel offer 187 executive bedrooms and 22 suites, all of them are big and very comfortable, and decorated by the best designers. Some of the services the hotel offer are breakfast, internet, business center, gym, sauna, Jacuzzi, 7 meeting rooms and a private bridge which connect the hotel with the Gallery. This will be the best choice for you in the city, especially if you travel for business, because around it there are many restaurants and fast foods and different pubs, where your nightlife will be incredible and very relaxing after a long day of work. Walk through exclusive overpass to Cinepolis theaters, Sears, Liverpool and hundred other shops in the Galerias Mall.

Ternium SA to invest $4.2 billion

Latin American steel company Ternium SA said Monday it will invest $4.2 billion over the next five years to build a flat steel plant in Mexico to bolster production capacity.

The company, whose principal operations are in Argentina and Mexico, said the design and construction will take place in two phases over five years. Ternium said it believes demand for value-added flat steel products in Mexico will grow steadily, driven by new construction and industrial development.

The project's initial phase involves building a flat-rolled mini mill in the Monterrey area, intended to produce two million tons per year of hot rolled coils. Ternium expects that this new facility will cost $2.7 billion and will be in full production within the next four years.

The second phase covers the construction of a cold rolled and galvanizing plant, including a pickling line and a cold rolled tandem mill with annual capacity of one million tons of cold rolled coils and a hot-dipped galvanizing line with annual capacity of 300,000 tons, to serve the industrial and commercial markets.

Ternium expects this second phase, to be completed by 2013, will cost $1.5 billion.

Ternium's U.S. shares rose 23 cents to $27.90 in early trading.WEB

New stadium

A majestic project, which could be the best modern stadium in Mexico and Latin America or even the World is in the making. In a first class city like Monterrey, a stadium as modern and luxurious as this one is needed. This stadium is projected for the FC Rayados Monterrey and FC Tigres, professional soccer teams. It will cost 300 million dollars, and it will have the capacity for 75 thousand spectators, but both teams denied to particepate as The Rayados are already building their new stadium, and FC Tigres are staying with their current stadium. The governor of the state has said that it is still a project, nothing more. Its construction is doubtful, but as the title says (in Spanish) , “We’re allowed to dream”. But it would be so cool! This would take Monterrey and Mexico too, to higher levels. This stadium could be as good or better than Wembley. It would be an awesome architectural landmark in the city, but its sad that the city’s professional soccer clubs have decided not to invest in it. However, the project hasn’t been cancelled, so anything could happen.

CPA Firm Plante & Moran

Plante & Moran has gone south of the border, opening an office in Monterrey, Mexico.

The firm has worked with clients in Mexico for more than 15 years, and the establishment of a Monterrey office reflects the next step in the firm's commitment to meeting its clients' on-the-ground resource needs in foreign markets.

"The high volume of cross-border activity between the United States and Mexico makes the opening of this office a natural move for us," said managing partner Bill Hermann in a statement. The firm also operates an office in Shanghai, and plans to add more international locations to support its clients. In addition, Plante & Moran is part of Praxity, an alliance of more than 100 professional accounting and auditing firms worldwide, giving it entrée to about 70 countries. "We specialize in helping clients take advantage of global business opportunities," said practice group leader Lou Longo....

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Laredo gateway to Monterrey

Life on the border between the United States and Mexico in Laredo, TX. On the one hand, we already feel like we are in Mexico, since almost every single person we have seen in this city is Mexican. (It’s kind of strange feeling like a foreigner in your own country!) On the other hand, Laredo definitely looks like a city in the US, with chain restaurants and retailers lining the interstate.

Here are a few interesting facts about Laredo:

It was the capital of The Republic of The Rio Grande when this section of Mexico succeeded from Mexico in 1840 (for 10 short months)
The Treaty of Guadalupe-Hidalgo after the Mexican-American war ceded the land and the city to the United States. (the city protested, petitioning the US government to cede the city back to Mexico. When the US refused, a majority of the population moved across the river to found Nuevo Laredo.
It is the largest inland port in the US.

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The Hampton Inn Monterrey Galleries Hotel

The Hampton Inn Monterrey Galleries Hotel was reward as one of the hotels with the best attention, service and quality in Latin America. This incredible hotel of Monterrey, Nuevo Leon, is located in the town center, thanks to this location you are able to meet the most important attractions in the place and you can also eat in the most prestigious restaurants in the city.
This incredible hotel counts with 223 bedrooms among them, there are 7 Master Suites. In every bedroom you will find phone, TV, air conditioning, alarm clock, hairdryer, balcony, etc. Do not miss the opportunity of visit this incredible hotel where you will spend the most incredible vacations ever...MORE

Cola de Caballo

Cola de Caballo (Spanish for "Horse Tail") is a waterfall about 40 km (25 mi) from Monterrey, Mexico, in the town of Villa de Santiago, Nuevo León. It is open to the public and is accessible via a walking path. On your next trip to Monterrey don’t miss the opportunity of visiting the Cola de Caballo Park, a beautiful place that you can explore walking, and where you will admire the incredible cascades falling from the Oriental Sierra Madre, located at Villa de Santiago. They receive their name for being similar to a ponytail and it is possible to observe this very impressive waterfall from the viewpoints situated inside the park.


Tour

hotel Las Torres de El Legado

If you are looking for the most incredible and unique hotel with an incredible structure and an incomparable concept, the hotel Las Torres de El Legado has everithing you’ve ever dreamed, located in Santa Catarina at 12 minutes of the center of San Pedro a neighbor municipal of Monterrey, Nuevo Leon, in the middle of beautiful landscapes and with an easy access to the attractions and restaurants the city of Monterrey offer. Las Torres de El Legado count with 80 private apartments, incredible elegant and with the most exclusive details, equipped with all the services such as air conditioning, kitchen, living room, big bedrooms, balcony, patio, etc. This place is ideal if you look for a place where the peace and quite are primordial, you will not have any regret, it will certainly be the best choice.

Bus shuttle in Austin or San Antonio for MEX Flights

Mexican low-cost carrier VivaAerobus has introduced a low-cost combo to the downtown area of Texas cities Austin and San Antonio by linking to bus shuttles. The bus takes passengers from downtown Austin or San Antonio to their respective airports where they check in for their VivaAerobus flights to several Mexico cities. The shuttle service costs $20 per person, and according to the air carrier's Public Relations Director Juan Carlos Zuazua, "It's a great value in convenience and time gained for passengers who fly, for instance, to and from Monterrey and Cancun." Zuazua also says airfares between San Antonio and Mexico have increased sharply recently, and this new service is a bargain for business and leisure travelers on a budget. In San Antonio, free parking is available at the bus terminals for shuttle users.

John Deere moves to MTY

Deere & Co. disclosed Tuesday that it intends to shutter its 800-worker manufacturing facility in Welland, Ontario, and to transfer the Canadian plant's production to existing Deere factories in Wisconsin and Mexico. The Moline maker of agricultural equipment said the closure will generate after-tax charges of about $90 million, with roughly half of that amount coming in Deere's fiscal fourth quarter. Shutdown of the Welland plant, which makes "Gator" brand utility vehicles and other equipment, will be completed by the end of 2009. The Canadian plant's utility-vehicle production will be shifted to Deere's plant in Horicon, Wisc., Deere said; its production of cutting and loading attachments will go to existing Deere plants in Monterrey and Saltillo, Mexico.