Manufacturing in Mexico – Industry News

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Mexico Says Gaining From Competitive U.S. Manufacturers

Mexico is benefiting from ties to “very competitive” U.S. manufacturers as low wages lure producers discouraged by rising labor costs in Asia, Deputy Finance Minister Gerardo Rodriguez said.  Mexico is tied to the U.S. by the North American Free Trade Agreement that bolstered cross-border production chains. “Because of these linkages with the Mexican sector, we’re being pulled somewhat by those dynamics,” Rodriguez said.  Read more:

Mexico – Gaining from Competitive U.S. Manufacturers

Hyundai Motors Plans to Invest $130 in Mexican Manufacturing Plant

South Korean automaker Hyundai Motors Company’s Mexican unit said it planned to invest $130 million in a new plant that will manufacture aluminum auto parts in Tijuana, a border city in the northwestern state of Baja California.  The plant is expected to create 300 direct jobs and make up to 900,000 units of three new automotive products for different models sold in the United States, Hyundai said.  Read more:

Hyundai Motors

Mexico to Boost Auto Output 38% Within Three Years, Agency Says

Mexico will boost annual auto output by 1 million vehicles within three years, a 38 percent jump from last year, as foreign manufacturers use the country as an export base, said Carlos Guzman, head of the nation’s investment promotion agency.  Investments already announced by carmakers will allow Mexico, the world’s fourth-largest auto exporter, to increase annual production from last year’s 2.6 million units, Guzman, president of ProMexico, said in an interview yesterday at Bloomberg’s Mexico City office.  Read more:

Mexico to Boost Auto Output

Querétero: Rocketing to the Top Mexico’s Aerospace Industry

In 2006 Bombardier, the world’s third-largest commercial airplane builder, opened a factory in the central Mexican state of Querétero. At the time, Querétero only hosted two other aerospace companies, and the total number of jobs generated by the industry in the state numbered about 100.  Yet Bombardier saw a bright future for itself in Mexico, based on three factors: its proximity, competitive wages and its wealth of engineering talent.  Read more:

Aerospace in Queretaro

Infiniti Looks To Mexico For New Plant

Japanese luxury carmaker Infiniti is entertaining the possibility of manufacturing in Mexico, the marque’s new global president says.  It is no coincidence that Infiniti’s new president –- former Audi of America President Johan de Nysschen –- was also influential in Audi’s decision in April to build its first North American vehicle assembly plant in Mexico.

Infiniti Looks To Mexico For New Plant

Infiniti Plans to Enter Mexico

No details were given on what model the company chose to build in Mexico, only that the automaker will add a small car to its collection and has already engaged in the production of a Mercedes Benz-designed four-cylinder engine for it in Decherd, Tenn. All Infiniti models are manufactures in Japan, except for the new JX crossover which was built in Decherd, Tenn. But now the company searchers for new regions, where production won’t be affected by the strong value of the yen.  Read more:

Infiniti Plans to Enter Mexico

Why Mazda is headed in the right direction in U.S., Mexico

Mazda broke ground a year ago on its new plant in Salamanca. The steel structure is up and the plant will be turning out Mazda3s and Mazda2s in early 2014.  The company also is building an engine plant at the location.  Mazda considered plant sites in the United States before settling on Mexico. But going south of the border was a no-brainer, as the country has free trade agreements with 44 countries.  Read more:

Mazda Headed in the Right Direction

GKN Aerospace to Open Composite Aerostructures Manufacturing Facility in Mexico

GKN Aerospace is establishing a new composites manufacturing facility in Mexico. The 80,000 ft2 site in Mexicali, Baja California,  will manufacture airframe structures. It is expected to employ more than 100 persons by 2017.  Read more:

GKN Aerospace Expansion Plans

Manufacturing growth in Mexico drives Milacron into larger facility

Milacron LLC, a global supplier of plastics processing technologies, announced an open house at its new technology center, which combines machinery sales, and aftermarket parts and services in one location. The new facility is located in the Benito Juarez Industrial Park in Queretaro, Mexico, an area where manufacturing for automotive and aerospace is booming.  Read more:

Manufacturing Growth in Mexico

US Manufacturing Jobs Will Grow As Japan’s Carmakers Move Capacity To North America

All three of Japan’s largest automakers are pushing to locate production of cars meant for the U.S. market, primarily in Mexico and U.S. Toyota, Honda and Nissan are all recovering from supply chain disruptions caused by last year’s tsunami in Japan and floods in Thailand. Localizing production for the U.S. market provides a natural hedge against supply chain disruptions. Moreover, the continued high value of the Japanese yen against the dollar means that it is now more expensive for Japanese car companies to ship cars overseas.  Read more:

Japan’s Carmakers Move Capacity To North America