Manufacturing in Mexico – Industry News
News headlines reporting drug-related violence in Mexico have caused people to question safety and security in Mexico by default. To provide some perspective, listed here are six reasons which demonstrate that Mexico’s drug-related issues, although real and in need of addressing by governments, do not make Mexico wholly unsafe, nor do they foretell a collapse of the Mexican State. Read more:
Foreign direct investment (FDI) in Mexico rose to $4.8 billion in the first quarter of 2011, an increase of 10.5 percent from the same period in 2010, according to Mexico’s Ministry of Economy. Foreign companies increased investments in Mexican business projects by 13 percent in the early months of 2011. Read more:
The International Institute for Management Development (IMD) has ranked the Mexican economy the second most competitive in Latin America, according to IMD’s 2011 World Competitiveness Yearbook (WCY).
The Tijuana Economic Development Council (Tijuana EDC) recently published a White Paper that highlights an annual growth of 8.7% in employment of the Medical Device sector since 2004, reaching over 30,000 workers, concentrated in 40 medical manufacturing companies, such as Care Fusion, Medtronic, DJO Global and GreatBatch among others. This number makes Tijuana the premier manufacturing destination for the medical Device sector, outpacing the Minneapolis / Saint Paul metro region and more than double of the entire country of Costa Rica. Read more:
North America has a New Capital on Medical Device Manufacturing
Bill Boisture joined the business and general aviation aircraft manufacturer two years ago and has helped to steer the US airframer through the worst economic downturn for 70 years. Read his question and answer session from www.flightglobal.com:
The development of this industrial park will strengthen the aerospace manufacturing hub that has been booming in Queretaro over the past decade. Leaders of manufacturing companies interested in becoming a part of the supply chain of the already established or yet to come aerospace industry have a great opportunity to step ahead of their competition. Read more:
By 2005, Kaman Aerostructures added 360 jobs at its Imeson Industrial Park facility and invested $20 million through a $591,000 incentive package with JEDC. Kaman Aerospace Corp. is also considering expanding in other states and Mexico, according to the JEDC report. Read more:
Chinese foreign direct investment (FDI) in Latin America is growing faster than any other country according to a report released this week by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC). Total investment flows to the region topped $113 billion in 2010—40 percent more than in 2009—with China contributing about 9 percent of the total. Read more:
Bombardier Aerospace celebrated the fifth anniversary of operations at its Mexico Manufacturing Centre last week. During a ceremony held on May 2 at the Aerospace Park facility in the presence of Bombardier’s 1,600 employees in Mexico, Jean Séguin, Vice President, Quality, Achieving Excellence System, Engineering and Manufacturing, Bombardier Aerospace; Réal Gervais, Vice President, Mexico Manufacturing Centre; and other representatives noted the effort made by all involved to make Bombardier’s operations in Mexico a success story. Read more:
Bombardier Aerospace Mexico Celebrates Five Years of Operations
The Industrial Development Commission of Mexicali (CDI) presents “A Manufacturing & Design Strategies Summit” on Tuesday, May 17th in Toronto at the Hilton Garden Inn Mississauga Airport West. View the complete agenda online. Read press release: