Nine months after announcing plans to move more than 2,000 jobs from Indiana to Mexico, the Carrier Corporation said Tuesday evening that it had reached a deal with President-elect Donald Trump to keep nearly 1,000 of those jobs in Indiana.
Carrier said via Twitter that it would announce more details soon. Trump and Vice President-elect Mike Pence, who is Indiana’s governor, will appear at Carrier’s Indiana factory on Thursday to announce a deal.
During the presidential campaign, Trump had repeatedly attacked Carrier’s plant-closing plans after a video went viral last February showing a Carrier official telling hundreds of shocked employees of the company’s plans to close its Indianapolis plant. Trump has threatened to impose a 35% tariff when American companies seek to import goods they once made in the US but now produce in Mexico.
“Most people feel pretty happy about the news,” said TJ Bray, an assembly line worker for 14 years at Carrier’s factory in Indianapolis. “It looks like they’re staying.”
Bray said he and other workers were waiting to hear details about how many jobs would remain in Indiana, which jobs would remain, and what the president-elect had done to persuade Carrier to keep 1,000 jobs in the state.
Reuters – Mexican Finance Minister Jose Antonio Meade said on Wednesday that any crude production cut by OPEC would be positive for Mexico’s finances and the health of state oil company Pemex after an agreement by producers to curb output.
Washington Post – Former New York mayor Rudy Giuliani was paid millions under a contract arranged by a Mexican politician who is likely to run for president of Mexico in 2018 on an anti-Trump, Mexico-first platform. That could be a conflict of interest if Giuliani is named secretary of state and tasked with renegotiating NAFTA and trying to get Mexico to pay for a border wall.
Fox News – Mexican prosecutors have for the first time brought charges against a Roman Catholic priest for allegedly meddling in politics. Prosecutors accuse the priest and two former mayoral candidates of participating in a Mass at a church in the town of Chiautla, in the state of Mexico. The priest allegedly blessed the candidates, and the Mass was allegedly touted as the opening of their campaigns.
Reuters – People started moving to this neighborhood of Santa Maria about 20 years ago to escape higher rents closer to Mexico City, and the pace of new dwellings picked up in the past decade. But families had to wait until 2015 to receive electricity, and running water for everyone is not expected to come until at least the end of next year.
AP – Mexican prosecutors said Tuesday they have caught a leading opium trafficker for the Sinaloa cartel in the southern state of Guerrero. The Attorney General’s Office said Vicente Carrillo Salmeron is suspected in the killings of law enforcement officers and a local politician.
NYT – Jeffrey Curtiss’s obsession is a collection of 23 luxury condominiums on a secluded beach in La Paz. For 11 years Curtiss, who made his fortune in the trading and distribution business in Britain, has been building and marketing the project, Playa de La Paz, hoping to attract the type of high-end international home buyers who have traditionally bypassed La Paz. A first-time developer, he pored over every detail of the project and lived on site during construction, only to face the global economic crisis, Mexico’s drugs wars and countless construction delays. “I thought it would be a lot easier,” he said.
CNBC – Wilbur Ross, President-elect Donald Trump’s choice for Commerce secretary said he wants to overhaul “dumb trade” deals that the U.S. has with countries around the world. “Believe it or not, Mexico has better treaties with the rest of the world than the United States has. We’re going to fix that,” Ross said as his nomination was being announced.
AP – Mexico’s government has found about 421 million pesos ($20.5 million) linked to the former governor of the Gulf coast state of Veracruz who is sought in a corruption case. The Attorney General’s Office said two businesses that apparently received state funds from people representing ex-Gov. Javier Duarte through “illegal operations” have agreed to return the money.
Arizona Daily Sun – A California startup will build a $700 million plant in Casa Grande to manufacture luxury electric vehicles. The plan by Lucid Motors will involve having at least some of the parts built in Mexico and shipped to Arizona for final construction.
Offshore – Chevron Corp. has joined forces with Petroleos Mexicanos and Japan’s Inpex Corp. to bid next week for the right to explore for oil and natural gas, the first time the state-owned operator will partner with private companies to develop crude in the Gulf of Mexico. According to a Bloomberg report, seven groups and eight individual bidders have been qualified to participate in the Dec. 5 auctions that include the Trion field joint venture with PEMEX and ten other deepwater blocks.
Daily Observer – The nine-member Organisation of Eastern Caribbean States (OECS) is collaborating with the government of Mexico to explore and develop a Sustainable Strategic Tourism Master Plans (SSTMP) for the sub-region.
“For Sale” signs are plastered on concrete-block houses and sun-bleached bungalows alike. The idled oil workers who used to cluster in the main square, hoping to pick up odd jobs, have moved on.
In Ciudad del Carmen, on the gulf coast of Mexico, even the ironclad union positions are slipping away. Some roughnecks on the offshore rigs of the national oil company, Pemex, have not worked in months, and their voices are filled with anxiety.
“What do you think is going to happen?” some ask.
Pemex has been limping along for years, bleeding billions of dollars annually, saddled with debt and struggling to maintain production as its giant oil fields in the Gulf of Mexico run dry. Next year, it will pump less than two million barrels a day, the lowest output since 1980.
Fixing the oil company was already at the top of Mexico’s list of priorities, the focus of a long debate over the fate of one of its most important — and troubled — national institutions.
Now, that mammoth undertaking has become all the more critical with the United States’ election of Donald J. Trump. As Mexicans steel themselves for an American president who made upending his nation’s relationship with Mexico a cornerstone of his campaign, officials on this side of the border have hastened to reassure the country that Mexico’s economy is sound.
The Guardian – Manzanillo and the surrounding state of Colima were once best known for their black sand beaches, lime groves and a smoldering volcano that erupts every century or so. But over the past year, the region has claimed a new title: murder capital of Mexico. Analysts of the drug war say the violence is part of a nationwide realignment of organized crime – and a bitter struggle to control the port of Manzanillo, one of the biggest on Mexico’s Pacific coast.
Financial Times – The US risks harming its own interests in any renegotiation of the North American Free Trade Agreement, as planned by Donald Trump, José Antonio Meade, Mexico’s finance minister, has warned.
NBC – Investigators searching clandestine graves have found 32 bodies and nine human heads near Acapulco. Rival drug gangs have been engaged in a wave of extortion, kidnappings and turf battles in the area.
Economist – Almost 25 years ago a Mexican president, Carlos Salinas, took a historic decision. He decreed that his country’s future lay in setting aside its fear and resentment of its mighty neighbour to the north and embracing economic integration with the United States through the North American Free-Trade Agreement (NAFTA). The agreement underpinned the modernisation of part of Mexico’s economy. So the imminent arrival in the White House of Donald Trump, a critic of NAFTA who threatens to build a migrant-blocking wall between the two countries, looks like a disaster for Mexico.
CNBC – Uber Mexico has partnered with U.K.-based Drayson Technologies to create what is being described as “hyper-local air pollution information” for Mexico City.Uber drivers’ cars have been provided with a connected, smart air pollution sensor designed by Drayson Technologies. The CleanSpace Tag, as it’s known, will enable Uber drivers to document air quality levels inside and outside of their vehicles.
FoxNews – Mexican actor Renato Lopez and a friend were found dead of gunshot wounds in the central state of Mexico, authorities said Friday. The 33-year-old Lopez was found alongside Omar Giron, a publicist with the CMX agency that represented the actor. Lopez was also a television host for E! Entertainment and a songwriter.