Manufacturing in Mexico – Industry News

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Rising China Wages, Inflation Threaten OEM Margins

Annual double-digit wage increases are becoming the norm in China, especially in fast-growing urban production centers where local and foreign manufacturers are battling rapid employee turnover and finding it increasingly difficult to recruit and retain skilled and semi-skilled workers. Read more:

Rising China Wages, Inflation Threaten OEM Margins

What China’s Rising Wages Mean for Investors

there’s a sea change underway in China’s economy – one that’s evident in soaring prices, shrinking trade surpluses, and higher property values. And it’s being driven by higher wages for workers that for decades have been grossly underpaid. Read more:

What China’s Rising Wages Mean for Investors

Cordero Says Mexico’s 2011 GDP May Expand Up to 5% on Domestic Consumption

Mexico’s government is raising its forecast for growth this year, betting that rising domestic demand will allow the economy to maintain momentum after the strongest expansion in a decade last year. Read more:

Mexico’s 2011 GDP

Clinton: US Ambassador to Mexico Resigns

he U.S. ambassador to Mexico, who wrote a cable that questioned how Mexico coordinates the war against drug traffickers, has resigned. Read more:

Clinton: US Ambassador to Mexico Resigns

Eurocopter Plans $550 Million Investment in Mexico

Eurocopter, the world’s largest civil helicopter maker, will open a new plant in central Mexico to build aircraft parts in an investment that will eventually be worth some $550 million. Read more:

Eurocopter Plans $550 Million Investment in Mexico

Mexico’s High Tech Hub Gets IBM Innovation Center

IBM has opened an Innovation Center in Mexico City in part to develop the growing market for information technology. The center is expected to provide local entrepreneurs, IBM business partners, and universities with access to training workshops, consulting services, technical infrastructure and assistance in marketing new technologies. Mexico is considered a leader in energy R&D. Read more:

Mexico’s High Tech Hub Gets IBM Innovation Center

Webinar: US-Mexico Integration for Global Competitiveness

The Tijuana Economic Development Corporation (Tijuana-EDC) will host a live webinar, “US-Mexico Integration for Global Competitiveness” on Thursday, March 31, 2011 from 10:00 AM to 11:00 AM PST. This webinar will feature DJO Global’s success story in regards to its near shore manufacturing strategy. NAPS was proud to co-host an AME Consortia event at the DJO Tijuana Plant.

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Hawker Beechcraft Opens Second Mexican Plant

The Wichita-based firm is investing $20 million in a 180,000-square-foot plant in Chihuahua, Mexico, to do sheet metal assembly work for King Air turboprops and Hawker jets along with electrical assembly work. “We have seen a high level of quality and craftsmanship coming out of the skilled work force in Chihuahua,” Hawker Beechcraft CEO Bill Boisture said during a conference call Thursday. Read more:

Hawker Beechcraft Opens Second Mexican Plant

Chrysler Picks Mexico as Manufacturing Hub

U.S. automaker Chrysler has battled back from insolvency in 2009 to emerge as a major player in the global auto industry, with February sales jumping 13 percent from the year prior. The company announced it will manufacture the Fiat 500 subcompact in Toluca, Mexico. Read more:

Chrysler Picks Mexico as Manufacturing Hub

Chrysler Might Build Second Fiat Model at Mexican Plant

Chrysler Group Chief Executive Officer Sergio Marchionne said the automaker is looking at building a second Fiat SpA (F) model at the U.S. company’s factory in Mexico. Read more:

Chrysler Might Build Second Fiat Model at Mexican Plant

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