Manufacturing in Mexico – Industry News

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The Big Picture: San Diego and Megaregions

Visionaries such as the Committee for America 2050 see San Diego as part of a megaregion that is home to more than 20 million, generating a gross domestic product exceeding $1 trillion and growing ever larger and richer. San Diego is a key player in this megaregion which extends from Los Angeles south to Baja California and east to Las Vegas. “This is the wave of the future”. Read more:

The Big Picture: San Diego and Megaregions

Reality Check: US Aircraft Orders Start 2010 Weak, Officials Say

U.S orders for civilian aircraft will remain weak in 2010. Airbus did not sell a single plane in North America in 2009. Within the next two years Airbus expects U.S. airlines will begin replacing aging fleets with energy efficient models. For now Airbus has a substantial backlog of orders and expects its greatest growth to come from the Asia- Pacific region. Boeing also expects that  Asia (excluding Japan), the Middle East and Latin America will lead aviation growth in the next 20 years. Read more:

Reality Check: US Aircraft Orders Start 2010 Weak, Officials Say

Mexico Raises 2010 Growth Estimate as Demand Recovers (Update 2)

Mexico’s government raised its estimate for 2010 economic growth to 3.9 percent from a previous forecast of 3 percent.  Auto production in particular is helping spur growth, and the currency’s 15 percent decline over the past three years will keep Mexican exports competitive according to analysts. Read more:

Mexico Raises 2010 Growth Estimate as Demand Recovers (Update 2)

Mexico’s January Auto Output, Exports Jump On External Demand

Mexico’s Auto Industry improved 102% from January 2009.  Read More:

Mexico’s January Auto Output, Exports Jump On External Demand

Mexican National Maquiladora Association Believes Mexico’s Export Factories will recover by Next Year

The recession in the U.S. hit the maquiladora industry hard, however, companies have stayed in Mexico and a lot of companies are beginning to make the move to Mexico. The future looks promising as production begins to increase to the levels reached prior to the economic crisis.  Maquiladoras are manufacturing facilities that export product to the North American Market as well as other global markets.  The U.S. buys about 80% of these exports, making Mexico a more attractive location than Asia.  Read more:

Mexico’s Export Factories to Recover From Crisis by Next Year

There Are Signs of Economic Recovery in Mexico

Data for December 2009 shows signs the Mexican economy is recovering as seen by a rise of 22.8% in exports and an increases of 15.3% in manufacturing exports. The increases are closely tied to activity in the U.S. economy as the U.S. consumes 81% of Mexican exports. Read more:

There are Signs of Economic Recovery in Mexico

Mexico Jumps to a Top 10 Position As One of the Most Attractive Locations for Foreign Investment

Mexico still remains one of the top most attractive locations in the world for foreign investment, making a jump from 19th to 8th in early 2010. U.S. companies continue to recognize the benefits for manufacturing in Mexico. The maquiladora industry was a key component to the increase in Mexico’s rank. Establishing a manufacturing facility in Mexico can not only increase global competitiveness, but also minimize your overhead costs significantly and maximize your profitability. Read More:

Mexico Ranked 8th Foreign Direct Investment

Sea Change For Solar

The German government is proposing significant cuts to subsidies provided to business and individuals to use solar panels and “feed” excess power to the power grid. This move is expected to affect demand for solar in Germany. System providers like Q-Cells and First Solar will now need to focus on markets like the U.S., China, Spain and Mexico. Read more:

Sea Change For Solar

Jaguars, Dragons and Tigers

Chinese multinationals (Dragons),  Mexican and Brazilian multinationals (Jaguars), and Indian Multinationals (Tigers) are emerging market multinationals (EMMs). EMMs will play a key role in shifting global economic power and face unique challenges. Read more:

Jaguars, Dragons and Tigers

Firms Turn to Baja for Harnessing Wind

Baja California is an attractive region for investors in wind energy due to its proximity to the California market, lower construction costs and faster permitting. Read more:

Firms Turn to Baja for Harnessing Wind