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  • Volvo and Scania analyzing investing in Durango
  • Cisco will strengthen investment in domestic manufacturing
  • Artecola kicks-off operations in Leon, Guanajuato
  • Chinese companies will invest in Mexico
  • Thirty Mexican companies are interested on bidding for the construction of NAICM
  • Gulfstream presents a new family of aircraft
  • Hangar being built in UNAQ
  • Tecma Group Mexico Manufacturing Mobile App Now Available
  • Aeromexico and its workers union reach an agreement
  • Bancomext has authorized a credit for US$50 million to rebuild Los Cabos Airport
  • Logistics Center to be built in Guanajuato
  • Two Canadian companies in the automotive field will establish in San Luis Potosi
  • Japanese investments reach US$500 million
  • Mexico will become an international hub
  • TechOps will consolidate its operations in 2015
  • Auto parts plant invests US$16.5 million in Puebla
  • INTERMEX MANUFACTURA DE CHIHUAHUA extended for 1 year its current lease contract with INTERMEX for its Shelter Services to MANOIR AEROSPACE.
  • Relevant topics to be discussed in Mexico’s Aerospace Summit to be held in Queretaro
  • The Mexican Air Force will hold an aerospace tradeshow in 2015
  • Proposal to create an Aerospace Medicine Institute in Mexico
  • Mexico, a magnet for investment and talent, attracts technologies

    Mexico City.- Strategic geographical location and increasingly qualified and low-cost labor are two of the factors that are attracting to Mexico investments in manufacturing plants and technological production lines. However, even if Mexico is more competitive and its Information and Telecommunications Technologies industry is vigorous, it still needs to offer sophistication. “In the last few years we have seen Foreign Direct Investment (FDI) being transferred to Asia; to China for products manufacture and to India for services and considering this I think Mexico is trying to recover the lost ground, it is investing in the development of technology and knowledge”, explained Paz Diaz Nieto, Professor in Technological Entrepreneurship Node at TEC de Monterrey, Mexico City Campus. The Taiwan-based company Foxconn, which provides maquila services to Apple and the South Korean LG Electronics, the second largest screens manufacturer in the world, have been the most recent cases of state-of-the-art manufacturing arriving to Mexico, attracted by its proximity to the United States and inexpensive engineers recruitment in Mexico.
    Source: Excelsior | Date: 14/05/2012