Procter & Gamble Mexico has committed $250 million U.S. dollars to the construction and development of their new production center in Irapuato, Guanajuato. The center will produce Gillette razors and razor blades, and will create 1,700 direct jobs, and 700 indirect jobs. This will make the new Procter & Gamble Production Center the largest in its field in the world. This brings the number of plants Procter & Gamble has in Mexico to nine, several of which are in Guanajuato.
In keeping with its corporate identity of being a good citizen …

The real estate slowdown has not discouraged Mexico’s richest man to continue to invest in real estate. Carlos Slim, who was named the world’s second richest man by Forbes earlier this year, controls Grupo Carso, which plans to build a $800 million real estate complex in Mexico City. According to Bloomberg.com, the super project will be built on 54,000 square meters where a tire factory once stood and is near the upscale Polanco neighborhood. Bloomberg is also reporting that the plan will include include “430 apartments in three towers, a …