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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Commerce secretary touts opportunities in Mexico, Pacific trade pact

September 18, 2013

Los Angeles Times, 9/18/2013

manufacutiringRecently installed U.S. Secretary of Commerce Penny Pritzker said trade opportunities with Mexico will expand as economic and security conditions improve in America’s southern neighbor.

Pritzker is headed to Mexico for her first official trade mission Nov. 18. The trip will focus on key industries such as advanced manufacturing and health information technology, she told The Times in a brief interview Tuesday after delivering a keynote address at the U.S. Saudi Business Opportunities Forum in downtown Los Angeles.

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Señores, start your engines: Cheaper than China and with credit and oil about to start flowing, Mexico is becoming a Brazil-beater

December 3, 2012

The Economist, 11/24/2012

CuernavacaCuernavaca, a once pretty, now sprawling city with volcano views just south of the capital, is a typical Mexican town. Hernán Cortés stopped off there after toppling the Aztec emperor Moctezuma in 1520; the conquistador’s stables have since been converted into a smart hotel. Yet on the outskirts of the city, in an enormous industrial park, a visitor could forget he was in Latin America. Nissan, a Japanese car giant, has created a factory the size of a village where from next year it will begin turning out thousands of yellow and chessboard-chequered New York City taxis.

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