3 Reasons To Near-Source Your Business To Mexico

August 18, 2014

08/18/14 Forbes. By Deanna Cioppa

manufacutiringAs the cost of outsourcing manufacturing to China levels out with the United States, companies are looking for new places to set up shop—locations with competitive labor costs, optimal transport options and an open trading environment—and finding them much closer to home in sunny Mexico. There’s a lot that’s attractive about America’s neighbor to the south that may drive American manufacturing from China to just next door: A stable economy protected by government policy, a robust telecomm infrastructure and abundant natural resources. Regulation and macro-economics aside, part of what’s attracting foreign trading to Mexico is a combination of where it is, who lives there and who they trade with.

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Mexichem Prices Shares in $1.2 Billion Capital Increase

November 19, 2012

Wall Street Journal,10/10/2012

Photo by Flikr user LyfetimeMexican chemicals company Mexichem MEXCHEM.MX +1.42%SAB de CV priced shares at 60 pesos ($4.66) in a capital increase for up to $1.2 billion that the company plans to use to finance expansion projects. Mexichem said in a filing with the Mexican stock exchange that about 40% of the shares were sold locally and that the shares, including overallotments, represent 12.4% of the company.

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