Mexican initiative to incorporate small and medium local companies into the aerospace supply chain
By Adina Moloman Source: MEXICO NOW The Mexico Manufacturing aerospace sector is expected to sustain its significant revenue and earnings growth in 2014, underlined by extended record-setting production levels both from OEM’s and its supplier base. In 2013, the Mexican aerospace sector revenue was US$5.463 billion. The export revenue for 2015 is expected to be […]
Baja California industrial competitiveness tools
By Adina Moloman Mexico is a federal state, where its sub-national governments have extensive regulatory powers. For instance in the case of Baja California the state authorities with its municipalities have the capacity to design, implement, and enforce their own regulations when it comes to industrial competitiveness and measures to attract foreign direct investment. The […]
Baja California aerospace cluster performance
By Adina Moloman Source: MEXICO NOW Baja California aerospace cluster is working on fulfilling the full cycle of an aircraft; so a whole airplane could be assembled in Baja California’s 5 municipalities if all the parts were meant for the same aircraft. The regional strategy is aligned to the national strategy for industries manufacturing in […]
Belgium plans to invest in Baja California Aerospace Sector
By Adina Moloman Source: Maquila Portal According to the United Nations Conference on Trade and Development (UNCTAD) Mexico ranked twelfth in receiving Foreign Direct Investment in the world. In 2013 Mexico received the amount of US$38 billion and was mostly credited to the Manufacturing in Mexico sector. Mexico has a growing aerospace industry that has received […]
Mexico’s peso- to become a major trade currency
By Adina Moloman Source: El Economista In a contest where the economies of many emerging markets are slowing, Mexico’s economy is moving forward. China and other emerging-market economies appear to register a slow down just as the developed economies of the United States and Europe finally show signs of renewed strength nearly six years after […]
2014 Mexico’s International Aerospace event
By Adina Moloman Source: http://www.mexicoaerospaceconference.com The Mexican aerospace Industry organized recently an international event in Nevada, USA to show why investors should look towards Mexico aerospace sector. The key speakers at the event were representatives from GE Aerospace, Bombardier, Boeing and other transnational companies located in Mexico. The Mexican aerospace industry offers OEM’s and their […]
An optimistic 2014 for Mexico Maquiladora Industry
By Adina Moloman Sources: HSBC Purchasing Managers’ IndexTM 2014; The Manufacturers Alliance for Productivity and Innovation (MAPI) Mexico is a global manufacturing leader with competitive multinationals corporations and cutting-edge manufacturing plants and is getting larger, more efficient and very competitive every year. According to HSBC Purchasing Managers’ Index (PMI) there is an optimistic start to […]
Mexico’s auto industry is moving forward
By Adina Moloman Sources: SEDECO, Reuters, Nissan Online Newsroom According to Reuters, Nissan and Daimler have signed a memorandum of understanding to build a Mexico Manufacturing plant that will produce the Mercedes-Benz GLA, as well as an all-new Infiniti car in Aguascalientes, Mexico. This shows once more the automakers confidence in Mexico’s dense industrial clusters […]
Mexico and Korea: mutual recognition agreement between customs administrations
By Adina Moloman Sources: Maquila Portal, SAT The bilateral relationship between Mexico and Korea has become stronger over the last ten years. Recently, the two countries agreed to continue working on customs cooperation since The Servicio de Administración Tributaria (SAT), equivalent in Mexico to the US’s IRS, and customs authorities from the South Korean Government […]
The idea of a Mexico oil/energy cluster
By Adina Moloman Sources: The Economist, Oil Price A local transition towards sustainable energy systems and energy efficiency improvement is a high goal in Mexico and a significant benefit to the sector manufacturing in Mexico. The window of opportunity is large, given the fact the recent reforms that Mexico Government plans to introduce to Mexico’s […]