Manufacturing in Mexico – Industry News

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