Maquiladoras More Attractive as Mexico’s Peso Slides
Mexico is one of the most popular locations for export manufacturing, due to a number of strategic advantages, such as low labor costs, proximity to the US consumer market, and skilled labor. But another advantage is taking shape in the form of a sliding Mexican peso, an additional incentive for US manufacturers looking to cut costs. The resulting peso devaluation effect is making Mexico’s maquiladoras even more profitable and promising for future investment.
Chinese Manufacturing Moving to Mexico?
Chinese and other Asian countries are joining in the growing trend to invest in manufacturing in Mexico. New investments or expansions are announced regularly for companies in Europe, South America, and around the world – and now Asian countries like China are seeing manufacturers make the switch. Why are they moving to Mexico?
4.9 Million US Jobs at Stake in Mexico
Mexican trade accounts for approximately 4.9 million jobs in the US. Unfortunately, leaders on the US political front are not always cognizant of the facts governing this highly complex partnership between the two North American countries. Mexico creates US jobs, but those jobs depend on upon a system of cooperation that could disappear without care for a better understanding of this unique relationship.
Tijuana Medical Device Manufacturing Growing
Mexico has a well-established medical-device manufacturing industry, but growth trends in Tijuana and Baja California are growing at exceptional rates, resulting in new investment and optimism for the Latin American country’s economic future.
Baja California’s 2015 Asia Investment Trade Mission
By Adina Moloman Source: SEDECO The Baja California state-Asian countries economic and trade relationship continues to steadily expand. Economic diplomacy is at the core of the Baja California Government’s international engagement. During the last ten days of July 2015, the Baja California Governor, together with a short delegation of other state leaders and economic organizations […]
Medical Devise Industry continued growth in Tijuana
By Adina Moloman Sources: SEDECO Essilor International S.A., which manufactures and designs a wide range of lenses to correct and protect eyesight, is expanding its operations into Tijuana, Mexico. The company, located in Charenton-le-Pont, France, will lease a new building and purchase additional equipment for the production of the corrective lenses for prescription eyeglasses to […]
Wave power plant project in Baja California
By Adina Moloman Sources: www.renewableenergyworld.com, California Energy Commission, Ocean Energy Systems-Annual Report 2014, Mexico Now, World Energy Council Wind and solar energy currently dominates the renewable energy sector in Baja California and probably worldwide. Ocean energy is estimated to be one of the fastest growing forms of renewable energy in the next ten years and […]
New partnerships and investments for Baja California aerospace sector
By Adina Moloman Source: Aerospace Cluster of Baja California Baja California delegation took part again at this year’s edition of the Paris Air Show that was held from at Le Bourget Exhibition Center. The International Paris Air Show is one of the oldest and largest air shows in the world, where were presented the newest […]
Latest automotive manufacturing investment announcements
By Adina Moloman Sources: Automotive World, Automotive News, Maquila Portal Mexico has been the focus of number of recent automotive manufacturing investment announcements, as well as hints of possible future auto manufacturing investments. Hyundai, Ford Motor Co., BMW and Toyota Motor Corp recently confirmed new plants. Based on Hyundai’s domestic auto sales increase in Mexico […]
Mexico air cargo traffic growth predictions
By Adina Moloman Sources: MEXICONOW, World Air Cargo Forecast (WACF) The Boeing Company with its biennial World Air Cargo Forecast (WACF) together with Air Cargo Management Group (ACMG) reports provides a comprehensive up-to-date overview of the air cargo industry worldwide and in this particular case for Mexico. According to both sources the predictions regarding the […]