Types of transnational companies located in Mexico
By Adina Moloman Sources: www.jorgecarrillo.info and www.cesweb.org The Mexico maquiladora industry has evolved from the old stereotypes that were established in the 60s and 70s along the US-Mexico border from maquiladoras with simple assembly activities mostly done by women with low levels of technology, to companies that presently are bringing to Mexico more complex processes […]
Mexico’s Auto Industry Conference
By Adina Moloman Source: www.mexicoautoconference.com Mexico’s Auto Industry Conference took place in Puebla, Mexico at the Puebla Conference Center. During this edition of this Manufacturing in Mexico conferences the speakers at the event had analyzed the business conditions of Mexico’s Auto and Auto Parts Industries, talked about the potential of nearshore manufacturing project in Mexico, […]
Mexico’s Senate approves the energy reform bill
By Adina Moloman Sources: The Wall Street Journal, Forbes Mexico’s Senate approved the controversial energy reform bill in order to open the state-run oil industry to foreign and domestic investors. So, the government will be able to grant contracts and licenses for exploration and extraction of oil and gas to transnational corporations or any Mexican […]
Baja California incentives offered to foreign investors
By Adina Moloman Sources: SEDECO, www.maquilaportal.com Baja California government offers incentives to potential foreign investors and to companies looking to expand or consolidate their businesses in a bid to attract more foreign direct investment. Mexican Maquiladoras are able to negotiate preferential treatment with the local government. For instance Toyota announces increase in production from 50,000 […]
The reclassification of manufacturing in US
By Adina Moloman Sources: Forbes, Manufacturing & Technology News Globalization has brought a growing practice among transnational corporation to relocate part of their domestic operations to lower-wage countries abroad in order to meet competitive demands on product manufacturing. Nearshore Outsourcing to Mexico and Offshoring has presumably caused a reduction in U.S. output. When US corporations send […]
2013 Foreign Direct Investment (FDI) in Mexico
By Adina Moloman Source: SE, Bank of Mexico Mexico has consistently been one of the largest recipients of FDI in most economic sectors among emerging markets. For the first three trimesters of 2013 (from January to September), Mexico recorded 28,233.8 million dollars in foreign direct investment (FDI), according to the Secretary of Economy and the […]
Mexico the newest member of the Australia Group
By Adina Moloman Source: http://www.australiagroup.net Mexico is the newest member of the Australia Group, an informal forum that seeks to prevent the proliferation of chemical and biological weapons. Mexico formally joined the Australia Group on August 12, 2013, after working on its export control system fully into line with the Australia Group’s common control lists […]
The prospect of a new mayor of San Diego and continuing bi-national relationships
By Adina Moloman Sources: KPBS, Voice of San Diego The prospect of a new mayor of San Diego is considered a great opportunity for the Hispanic community, for bi-national relations and a burgeoning industry manufacturing in Mexico. This last November 2013 special election to replace former Mayor Bob Filner took place. Ten new candidates were […]
Investment in Mexico automotive sector
By Adina Moloman Source: PROMEXICO, Reuters Automotive makers Manufacturing in Mexico are currently producing around 50 different car and light truck models. Production plants of light and heavy vehicles are established in Mexico by important transnational companies such as Ford, Chrysler, Volkswagen, General Motors, Nissan, Honda, BMW, Toyota, Volvo, Mercedes-Benz and Mazda. All of them […]
The construction of Latin America’s largest PV plant in Baja California
By Adina Moloman Sources: The Daily Fusion, PV Tech Last year Martifer Solar SA (Oliveira De Frades, Portugal) started the construction of Aura Solar I Plant in La Paz, Baja California Sur, Mexico. At 30 MW, Aura Solar 1 intends to be the largest solar PV plant in Latin America. The Portuguese company is responsible […]