Texas Blackouts Cost Mexican Manufacturers $2.7 Billion | WHAT REALLY HAPPENED

Texas Blackouts Cost Mexican Manufacturers $2.7 Billion

Rolling power blackouts have affected key industrial sites across Mexico, including border states home to hundreds of factories producing everything from auto parts to electronics.

Factories across northern Mexico states such as Tamaulipas, Chihuahua and Nuevo Leon reported more than $2.7 billion in losses from blackouts that started Monday when Texas began limiting natural gas supplies, according to Mexico’s National Council of the Maquiladora and Export Manufacturing (INDEX).

INDEX reported 2,600 companies across Mexico have been affected by the power outages since Monday.

General Motors, Mazda and Volkswagen are suspending some of their operations for several days in Mexico due to the natural gas shortage, the automakers said in separate statements.

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