Regional supply chains and the coronavirus effect
The pandemic is likely to set globalization back It is no secret that thanks to the pandemic, the world will never be the same, but that might not be as bad as it sounds. The coronavirus has shown that having a centralized supply chain, as it was with Asia, is not as strong as previously thought, as […]
The chemical industry in Mexico is reacting
The chemical industry and the USMCA present a win-win situation for companies across the North America. The chemical industry in Mexico has been growing for the past three years. The ANIQ (Mexican National Chemical Association) estimated that, in 2019, over $4,500M USD were invested in this industry, contributing with 2.1% of the national GDP. The ratification of […]
The electronics industry in Mexico is growing
The electronics industry in Mexico has been growing in the past few years. In some states, like Queretaro, it grew 60% from 2012 to 2018, showing how promising this industry is. CEPAL (Latin America and Caribbean Economic Commission) considers Mexico having an important role improving the economy of the region. The reason is that, according to BANCOMEXT […]
Rise in the textile industry in Mexico
As a phoenix rising from its ashes, the textile industry in Mexico is getting back on its feet, better and stronger than ever. While 2018 was a great year for this industry, with a Mexican record breaking 26% exports increase, 2019 was not as generous, as it set some challenges and had some setbacks. But, as resilient […]
The future of industrial parks is in Mexico Industry 4.0
Tomorrow, now. Industry 4.0 is present in Mexico Industry 4.0 is the next iteration that about every industrial park will have in the near future. It is called 4.0 because it is the fourth industrial revolution, the first being steampowered, the second implemented electricity to production, the third started automatizations with computers, and now, this […]
Companies are moving to Mexico due to COVID-19
Coronavirus has boosted the Mexican automotive industry The effects of the COVID-19 have been felt all across the globe, through all channels. Economy, education, industry, the whole world is standing still as measures are being taken in order to end the crisis. The effect on the worldwide automotive industry has been reflected with a shortage […]
Major industries in Mexico: why you must Settle here
A brief aid on selecting the right Mexican State for your company. Most of the major industries in Mexico are found in a handful of States. As such, this article will assist you in deciding where to establish your company in Mexico, according to what your business produces. What are the major industries in Mexico? […]
What is the USMCA and how does it benefit Mexico?
USMCA is the new free trade agreement between Canada, USA, and Mexico agreed in 2018. This agreement is a revision of NAFTA that seeks to strengthen the support of manufacturing by rebalancing trade, amongst other things. What implications can this have over your industry? Importers will no longer require formal certification of origin under the […]
USMCA will give Mexico more investment in auto parts
Up to 20% of the investments that will be relocated from other regions will be captured to supply the North American market, presumes. With the launch of the Agreement between Mexico, the United States and Canada (USMCA), Mexico could capture at least 20% of new investments from Japan, Germany, South Korea and China that will […]
10 reasons to invest in Mexico
According to a recent World Investment Report of the United Nations Conference on Trade and Development (UNCTAD), Mexico is one of the top developing nations in which to invest. If your firm is currently analyzing new markets in which to commit production resources, consider the following 10 reasons why investing in Mexico is a good […]
