La aerolínea mexicana Volaris inició sus vuelos directos desde Denver a la Ciudad de México la semana pasada. (Foto cortesía de Volaris)
- Jan 8:
- U.S. Ambassador to Japan visits Denver while Boeing fights 787 problem
- Jan 4:
- Brighton's historic downtown district seeing a revival
- Brighton experimenta una recuperación económica
- Jan 2:
- Colorado industries with momentum going into 2013
- Jan 1:
- Raise takes effect for Colorado minimum-wage workers
- Dec 21:
- Vuelo facilitaría comercio entre México y Colorado
- Dec 20:
- Colorado was the 7th fastest growing state from July 2011 to July 2012
- Dec 11:
- Colorado offers $13 million to three companies for 1,500 jobs
- Strong job market in Denver metro area expected in 1st quarter of 2013
- Dec 6:
- Colorado and 9th anchor likely to be branded a King Soopers store
- Kaiser opening new IT campus in Greenwood Village, hiring 500
- Nov 20:
- Cambiaría las reglas para los pequeños negocios emergentes en Colorado
- Nov 16:
- End of Hostess means closure for Denver bakery
- Sep 24:
- Report: Denver has nation's highest ATM, overdraft fees
- Alpacas aid small farms in western Colorado
- Sep 18:
- Denver Patent Office targets opening date in fall of 2013, to hire 125
- Sep 14:
- Colorado approves $7.3 million incentive to lure 1,000 Woodward jobs
- Sep 12:
- Trader Joe's confirms a Denver location for 2013
- Sep 11:
- Wolf Camera parent Ritz to liquidate, fate of stores unclear
- Aug 27:
- H&M will open Cherry Creek store on Sept. 13
- Jul 15:
- Denver's Metro State opening 150-room hotel as student training lab
- Jul 13:
- Colorado cantaloupes return; growers push safety
- Tom's Urban 24 Diner will open this fall in Denver's Larimer Square
- Jun 16:
- Mercados latinos medianos enfrentan la competencia de grandes cadenas
- Jun 14:
- Denver's mid-size Latino grocers feel squeeze from bigger chains
- Jun 6:
- Colorado overpays jobless benefits by $128 million, pursues recipients
- Jun 4:
- Dish Network to hire 100 customer service reps in Littleton
- May 29:
- Xerox opens new call center in Greeley, generates 700 new jobs
- May 25:
- Colorado restaurants to add 10,800 jobs this summer, report says
- Apr 30:
- Auto and truck sales surge in Colorado in 2012
- Denver-based Einstein Bros. introduces new menu
- Durango-based Rocky Mountain Chocolate to enter Japan, Asia
- Apr 24:
- Blockbuster relocating headquarters to Dish's campus in Colorado
- Apr 17:
- Cinco nuevos Walmart y 400 nuevos trabajos llegan al área de Denver
- Denver metro area to see five new Walmarts and 400 new jobs
- Apr 10:
- Reporte: Area metropolitana de Denver lidera el país en nuevos trabajos de construcción
- Waiters toting tablets, wine lists via Wi-Fi
- Denver-area businesses add fees, raise prices to offset fuel costs
- Mar 27:
- Colorado a haven for makers of winter sports gear
- Mar 22:
- Southwest, Frontier vying to be part of new routes to Reagan airport in D.C.
- Mar 18:
- Colorado North Fork Valley residents, businesses fighting prospect of fuel leases
- Mar 14:
- Potential business tax cut heads toward governor
- Mar 13:
- Colorado unemployment decreases to 7.8 percent
- Employment forecast in Denver metro area 5th best in the nation
- Mar 8:
- Tres compañías crearán cientos de nuevos trabajos en Commerce City
- Mar 1:
- 7 more Dunkin' Donuts planned in southeast Denver area
- Feb 16:
- Spirit Airlines to start DIA service
- Feb 10:
- A JumpStart to clear business hurdles in Denver
- Ed Moss appointed president and CEO of The Denver Post
- Feb 9:
- Elitch's to host job fair for 1,500 summer hires
- Feb 8:
- Dunkin' Donuts to open 11 Denver stores
- Feb 5:
- Innovation in style and technology put men's undergarment on industry radar
- Jan 30:
- HealthSouth plans new hospital in Denver area
- Jan 24:
- Pinnacol Assurance, beset with criticism, suspends ads for privatization
- Jan 22:
- Colorado's future in renewable energy dims after years of growth
- Jan 18:
- Trader Joe's coming to Colorado, state records show
- Jan 15:
- Net in-migration to Colorado from other states growing
- Jan 12:
- Home Depot hiring 1,600 seasonal workers in Colorado
- Jan 11:
- Twinkies maker Hostess seeks bankruptcy protection
- Jan 4:
- Cable, satellite companies raising rates again for Colorado consumers
- Jan 1:
- Colorado's minimum wage gets a raise to $7.64 an hour
- Dec 29:
- Two Kmarts and one Sears store in Colorado to be closed under Sears cutback
- Dec 28:
- Businesses, consumer advocates and seniors opposing Xcel bid for rate increase
- Dec 27:
- Steamboat businesses report strong Christmas sales
- Dec 21:
- Struggling Quiznos sandwich chain working with creditors on debt restructuring
- Dec 16:
- Tim Tebow's nice-guy style could herald change in business management
- Dec 15:
- Xcel wants $142 million rate hike in Colorado, but where would the money go?
- Dec 13:
- Tapped-out Santas wrapping up shopping earlier this year as money tight, U.S. survey finds
- Dec 5:
- US orders review of student work visa program
- May 5:
- Money for lunch
- Dinero para el almuerzo
A new direct flight between Denver and Mexico City - the only one year round - is sparking a new desire for an increase in trade and business relationships with Mexico.
"I'm thrilled about the flight," said Guillermo "Bill" Vidal, president of the Hispanic Chamber of Commerce."The fact that Volaris is going to have this direct flight really does open the door to the business side in knowing that you can rely on going to Mexico year round."
The Volaris flight was inaugurated on Dec. 8 as officials from the city and the state, including Vidal and Mayor Michael Hancock returned from a short trip to Mexico City.
"The goal was to build relationships so we could create the potential to have formal relationships in the future," said Tim Martinez, senior economic development specialist for Denver, who helped organize the trip.
Vidal added that the trip also represented a major attempt at collaboration, to see how well organizations like the chamber could work with the state and city to piece together the resources each offer.
On both measures, the men agreed the trip was a success.
Mexico is already Colorado's second largest trading partner, and their position as third largest trading partner with the U.S. is also steadily growing.
The Mexican economy is currently ranked as the 13th largest global economy and the 11th in purchasing power. By 2050, Goldman Sachs expects Mexico's economy will be ranked as the 5th largest.
Colorado exports to Mexico totaled more than $754 million in 2011 with agriculture products including meats and cheeses among the top exports. Also in 2011, Colorado imported more than $682 million worth of products from Mexico including X-ray plates, and road tractors for semi-trailers, according to information from the Colorado Office of Economic Development and International Trade.
The most recent numbers for 2012 show data through September already outpacing what had been traded in September last year.
Stephanie Garnica, the state's director of trade and investment for the Americas, said one of the largest growing demands from Mexico is for green technology - a result of a growing wave of governmental attention to environmental issues and a lack of their own production in the industry.
"Colorado has a good reputation in Mexico as a provider for those goods," Garnica said. "There's a lot support and growing demand."
While in Mexico City, Garnica said officials met with a handful of companies looking at Colorado as a possible place to expand partnerships.
Though she couldn't specify which companies those were, she said they included companies in the real estate sector as well as a candy company.
Consul General of Mexico Andrés Chao, who was also on the trip, said that he expects the Volaris flight to facilitate more connections among companies that already see the possibilities as attractive.
And while there are ways to communicate from long distance through technology, making these connections in person is still critical.
"I would not be the same through technology," Chao said.
But flights before the new Volaris flight weren't business friendly.
"If you wanted to go to Mexico before it took you eight to nine hours, which for business meetings becomes very complicated," Chao said. "You lose a day getting there and another day coming back."
Officials said they would like to see more flights added during weekdays, and think it's a possibility if Volaris sees enough demand.
Vidal and Martinez said they were both surprised that Mexican business owners and officials didn't realize that Colorado's population of Hispanics had grown so much in recent years to more than 20 percent.
"There's a growing middle class who need services and products. It's just a wonderful opportunity to expand our horizons," Vidal said. "The fact that we are also Latinos, and we share the culture and language, it makes it a natural connection with those communities."