Proficient, informed workers in Mexico abound. Relatively high birth rates supply a complacency that labor will continue to abound. China likewise has a highly-qualified population of employees, but low birth rates suggest a reducing access to certified workers in China over time.Mexico has actually also diversified its trade relationships beyond The United States and Canada, having actually negotiated open market or industrial arrangements with 44 nations given that the 90s. These nations represent two-thirds of worldwide GDP, and consist of the most crucial countries in the world with the exception of China, India, and Brazil. With respect to Brazil, efforts are continuous at attempting to craft an open market accord between Latin America’s two largest economies. Mexico is the country with the largest variety of complimentary trade contracts in the world.Recent Noteworthy Investments in Mexico Automotive: * Fiat’s recent$ 550 million investment in the Fiat 500 production line
in Mexico, expected
to produce 120,000 cars a year. * Mazda(Japanese vehicle business )invested US$ 500 million in Mexican auto in Guanajuato. * German high-end automaker Audi
will build its very first factory in Mexico by 2016. Approximated to cost about US$ 2 billion
. * U.S. car manufacturer Ford will invest US$ 1.3 billion to expand capability at the company’s production center in the northern Mexico city
of Hermosillo. * Korean car manufacturer Hyundai Motors started building and construction on a brand-new factory in the northern city of Tijuana, on the Mexican border with California.
The US$ 131 million facility is planned to produce pass away cast aluminum parts such as engine blocks, heads, and transmission cases. * U.S. car manufacturer General Motors announced it will invest US$ 120 million in its factory in the main state of San Luís Potosí to produce its new Chevrolet Trax SUV crossover model
, to be revealed later this year at the Paris Motor Show. Another US$ 200 million will be focused into the GM plant in Guanajuato state to establish and produce a brand-new generation of pickups in 2013. Research and Advancement: * U.S. corporate group 3M unveiled a brand-new Development Center in Mexico City’s Santa Fe enterprise zone. The center, part of planned 3M financial investments totaling US$ 184 million over the next 5 years, will perform
research study and item advancement
in locations such as nanotechnology, specialized materials, biotechnology and electro mechanics, the company reported. * U.S. business group General Electric will invest US$ 30million to broaden its Advanced Turbo Equipment Engineering Center in the central Mexican state of Querétaro. The center develops software for GE’s aviation and energy divisions.Aviation: * Mexican airline startup AeroJal revealed it will launched regional guest service in the west and northwest of Mexico this year. The company will invest US$ 30 million to begin direct flights from Guadalajara to regional centers in the states of Sonora, Chihuahua, Coahuila and Nuevo León.
air travel simulation and training firm CAE Inc. inaugurated a brand-new flight simulation and training center at the Toluca international airport near Mexico City. The US$ 50 million center includes complete flight simulators for Learjet aircraft and the Bell 412 helicopter. * U.S.-based finishes engineers Ellison Surface area Technologies will open a brand-new thermal spray finishing and special procedure center in the northern state of Sonora, the company revealed at the Farnborough air program. The US$ 1.5 million location is prepared to provide heat treatment and special processes for aerospace component.Manufacturing in Mexico: * U.S. industrial gas producer Paxair will invest US$ 100 million to build
a new factory in the northern state of Coahuila. The center is planned to produce oxygen, nitrogen, and argon for the steel, metal forming, glass and automobile markets in the area. * Japanese-owned vehicle device manufacturing Viam Production Inc. revealed it will invest US$ 40 million to build a new production center in the main state of
Aguascalientes. The plant is planned to produce floor mats for its primary customer, Nissan, which previously this year announced strategies to develop its third factory in Mexico. * German car parts maker Robert Bosch plans financial investment of around US$ 140 million in its Mexico operations this
year, based on forecasted domestic sales development of 10-15%. The business operates 8 factory around Mexico Energy: * U.S.-based solar technology business SolFocus will lead the development of a major brand-new solar power generation website in the northern Mexican state of Baja California. Predicted to cost of US$ 1.5 billion and generate 450 Mw. * Mexico hydroelectric developer Comexhidro and U.S.
investment company Conduit Capital Partners will team up to develop a 22 Mw wind generation center in the northeastern Mexican state of Nuevo León. This plant is prepared to utilize eight General Electric turbines and provide electrical energy for public lighting in the municipality
Catarina.Consumer Item: * British-Dutch Consumer items international Unilever will invest US$ 500 million in Mexico by the end of 2015 There are still challenges to get rid of for Mexico in order to eclipse China as the biggest supplier of produced goods to the United States.
Among them are security concerns and overwhelmed border crossing infrastructure. The present federal government has identified these to be concern locations which should be addressed in order for Mexico to continue to move its economy forward. Steven A. Colantuoni is the director of business marketing for the Tucson, Arizona-based Offshore Group. Mexico Outsourcing Solutions, Mexico Production Locations 100