Manufacturing in Mexico: Mexican Economy

Mexico’s economic revival is certainly being recognized globally. Antonio Garaza of World Politics Review demonstrates how Mexico will sustain this trend in the years to come. An “open economy” is one driving force in the success of Mexico’s growing economy. Mexico’s economy has a competitive edge and is open (in comparison with other economies) with its largest factor being trade, 63% to be exact. Mexico’s export output alone equates, “to [...]

The term “Made in Mexico” is quickly becoming better acquainted with the automotive industry manufacturing in Mexico, in comparison to its former relationship to low-skill, high volume production of textiles. Mexico has made a tremendous turnaround within the last decade in regards to manufacturing. They have gained support with their North American counterparts through import and exports and with a new government in place looking to gain annual growth through [...]

Companies are making the move out of China,and back to Mexico in large numbers. Casabella Home and Commercial Cleaning Supplies president, Robert Moser, states in an interview with USA Today, “When you look at total costs, you’re pretty much at parity.” Many companies like Casabella are making their way out of China and into Mexico (a location that they left fairly quickly over a decade ago). Prices and the cost [...]

A new proposition may enable drivers who are crossing the US-Mexico border to be offered a special California drivers license to speed up the border crossing process, while maintaining security for both nations. This new proposition could be extremely beneficial for the numerous employees who manufacture in Mexico. California would be the first state to occupy this new license, if the proposition goes through, for the southwest states. This "enhanced [...]

Manufacturing in Mexico continues to display signs of positive growth, especially in the automotive and consumer products industries. The country posted an increase in their Manufacturing Purchasing Managers Index (PMI) for the final month of 2012. The PMI index rose by 1.5 points over November to a value of 57.1 (anything over 50 in the index indicates growth for manufacturing in Mexico. It is now believed by analysts that the [...]

The thriving automotive industry in Mexico stands out as a success story amidst the torrent of doom and gloom news surrounding the world economy. With several automakers planning to either begin or expand their operations, the future of automotive manufacturing in Mexico looks primed to continue growing substantially. J.D. Power, an automotive consulting firm, estimates, in all, that auto production will grow by a third over the next six years [...]

NAPS was featured in the article “As China’s Wages Climb, Mexico Stands to Win New Manufacturing Business”, written by Tim Johnson, Mexico Bureau Chief of the McClatchy Newspapers. There was a time where China was much more competitive than Mexico. Companies turned to China for low cost manufacturing, while shipping or other logistics costs were not an issue since the labor cost was so much lower than anywhere else in [...]