US election chills aerospace business moving to Mexico

10/18/16 CNBC 

16971590647_55929be6f4_o.jpgTalk of trade protectionism this presidential season is having a chilling effect on U.S. aerospace companies looking to locate production south of the border.

For more than a decade, Mexico has aggressively pitched itself as a pro-business and lower-cost alternative for U.S. industrial companies seeking to relocate or expand. Canaccord Genuity estimates Mexican facilities allow some U.S. companies to achieve a labor savings of as much as 80 percent.

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