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  • Automotive sector provides impulse to 3M
  • The Governor of Queretaro heads the Mexican Manufacturing Association Meeting
  • Queretaro opens to Chinese investment
  • Investment will grow in the electric sector
  • Oil companies from Houston want to establish in Monterrey
  • Linares may attract an assembly plant: Sedec
  • Pemex announces investment in refineries for US$1.4 billion
  • The Aerospace Industry is starting to grow in Jalisco
  • The Ministry of Energy presents Round One to companies
  • Cleantech Challenge Mexico 2014
  • Aerospace clusters mitigate economic turbulence
  • US$410 million to be invested in Chihuahua, generating 5,500 jobs
  • Mexico enjoys international investors’ confidence
  • Senior Operations will grow in Saltillo
  • Quimmco invests in auto parts development
  • Sanmina will invest US$27 million
  • Aeromexico, Interjet and Volaris receive supplies from Leon
  • Chihuahua looking in Canada for aerospace investment.
  • Aerospace companies will invest in Mexico
  • Aerospace cluster strengthened by the execution of the Mexico-France Agreement
  • 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