Library
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According to this piece in Packaging Business Review, Sonoco, the largest manufacturer of molded foam components and packaging, recently announced plans to invest up to $10.5 million to open a new manufacturing facility in Celaya, Guanajuato Mexico. The facility will produce molded foam products for medical, automotive, appliance, aerospace and industrial markets. Sonoco is making [...]
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Commentary by Doug Donahue According to this short piece from Manufacturing.net, auto supplier UGN has broken ground on a 60,000sqf facility in Guanajuato, Mexico, where they will be manufacturing products for vehicles made in Mexico. The company’s CEO explains they are expanding in order to better serve automakers who have a presence in the wider [...]
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Commentary by Doug Donahue This article, “New Focus on Mexico as a Key Supply Chain Location,” from Area Development pinpoints five reasons why Mexico is a leading supply chain location, as identified in research by Jones Lang LaSalle. These reasons include ample low-cost labor, affordable land, short transport times and a highly skilled workforce. Another [...]
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Commentary by Doug Donahue A recent article “Manufacturing: Mexico Edges Out China” in Inter-American Dialogue’s daily Latin America Advisor looked at viewpoints from some leading Mexico experts on the country’s strong economy. The first writer in the piece, Richard Sinkin, founder and partner of InterAmerican Group in San Diego, notes that over the past decade, [...]
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Commentary by Doug Donahue A recent New York Times article by Thomas Friedman, “How Mexico Got Back in the Game,” highlights how Mexico is taking manufacturing market share from Asia and topping the BRICs in terms of promise, attracting enormous global investment in areas ranging from automotive and aerospace to medical devices and household goods. [...]
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Commentary by Doug Donahue This USA Today article, provocatively titled “Southeast Auto Industry Sees Mexico as Threat,” cites expert research that Mexico has recently replaced the Southeast as the North American region with the fastest-growing automotive industry, drawing $11 billion in investment from 2010 to 2012, compared with $7.5 billion for the Southeast in the [...]
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Commentary by Doug Donahue According to studies by the Pew Hispanic Center (and as mentioned in this article) migration from Mexico to the US has been net zero since 2007, a trend that shows no sign of changing. But what’s behind this shift? One of the major reasons is that the Mexican economy has improved [...]
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Commentary by Doug Donahue Mexico is hot in the news these days. Such as this piece on PRI’s “The World,” which looks at how far Mexico has come since 1967, when Volkswagen first started producing cars there, to now – Mexico is the world’s fourth-biggest auto exporter. It isn’t just plentiful, low-cost, highly skilled labor [...]
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Commentary by Doug Donahue As this recent blog post in the Financial Times points out, the Mexican economy continues at full steam ahead, despite a challenging worldwide fiscal environment. Economic growth in Mexico last year is predicted to be about 4% when the final data is tallied – a number the US would be pleased [...]
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Commentary by Doug Donahue A recent article in the The San Diego Union-Tribune highlights the importance of the US joining Mexico and Canada in negotiating treaties as a unified bloc in order to leverage its competitive position in international markets. In the article, the co-authors* plead US policymakers to expand trade cooperation across the region: [...]