Manufacturing in Mexico – Industry News

Latest News

Mexico and the Wassenaar Arrangement

Mexico became the 41st country to enter the Wassenaar Arrangement, giving aerospace companies manufacturing in Tijuana a more efficient regulatory framework for exports controls and documentation.   Read more:

Press Release

Juarez and El Paso – A Fulcrum Point for U.S. / Mexico Trade and Near-Shoring Opportunity

The editor of Area Development recently met with the mayors of El Paso, Texas, and Juárez, Mexico, to find out how they are working together to advance business in this cross-border area.  Read more:

U.S. / Mexico Trade and Near-Shoring Opportunity

Foreign Investment in Mexico Rises 9.7% in 2011 to $19.44 billion

Mexico’s Economy Department says foreign investment was up 9.7 percent in 2011 compared to the previous year, totaling $19.44 billion.  A press release Monday has the United States as the top foreign investor with 55 percent.  Read more:

Foreign Investment in Mexico Rises

Chinese Labor, Cheap No More

Thanks to China’s rising labor costs and shortages, it looks as if America might be back in the manufacturing game sooner than expected.  In addition to a shortage in the sheer number of available workers, China’s labor problems are further exacerbated by a shift in the quality and character of its work force.  While the wages might be slight more than China, other logistics make Mexico more attractive especially when companies from China are looking to come back to North America.  Read more:

Chinese Labor, Cheap No more

Latin America 2012: Japan’s Perspective

More than half of Japanese companies operating in Latin America are optimistic about the region this year.  According to a survey the Japan External Trade Organization (Jetro), 55.7 percent of respondents said they expected operating profits to “improve” in 2012. “Comparing Brazil and Mexico, the other giant in Latin America, Brazilian-Japanese companies face issues in dealing with labor management and a complicated tax system more than those in Mexico,” Jetro says.  Read more:

Latin America 2012: Japan’s Perspective

Manufacturing Expands at Fastest Pace Since June

U.S. factories grew in January at the fastest pace in seven months, boosted by a rise in new orders. And builders ended a poor year for construction by spending more on homes and projects for the fifth straight month.  The Institute for Supply Management, a trade group of purchasing managers, said Wednesday that its manufacturing index rose last month to 54.1 from 53.1 in December. Readings above 50 indicate expansion.  Read more:

Manufacturing Expands at Fastest Pace Since June

Mexico’s Auto Boom is About Wages

Mexico’s star is ascending these days. Nissan just revealed plans to spend $2 billion on a new factory there, which is twice as much as an automaker typically spends on a big new factory. It signals that Nissan is laying the groundwork for what is sure to expand into a massive assembly plant in a few years.  Read more:

Mexico’s Auto Boom is About Wages