Globalization has truly changed the economic landscape, leading to diverse growth all over the world. In recent years, Mexico has become a hub for major companies, particularly those with manufacturing needs. The new factories, experienced workforce, low labor costs, and improved trade agreements—particularly NAFTA—have contributed to the growth of new businesses in Mexico. NAFTA (the North American Free Trade Agreement), which was implemented in 1994, allowed for easier trade [...]

  Improving Manufacturing Quality When considering how to increase production while still retaining customer loyalty, the most important concern is maintaining the quality of the product. By manufacturing a quality product, businesses can ensure that profits and sales will continue to rise. A common mistake in growing businesses is to enlarge the manufacturing capabilities without ensuring the quality of the product will be maintained. This leads to a consumer that [...]

  Although Germany and France perfected the design and engineering of the automobile in the late 1800’s, America became the industry leader during the first half of the twentieth century thanks in part to Henry Ford’s innovations in mass production. This led to Ford, Chrysler and General Motors becoming the dominant automotive companies in the world in the 1920’s, while Asia and Japan rose to prominence after World War II. [...]

Mexico is catching the world's attention as a rising star in the world of manufacturing. The low costs, favorable regulatory climate, quality of the workforce, and ease of trading to the North American and European markets mean that more and more companies are choosing to locate their production operations in Mexico. Mexico has several potential ways for foreign businesses to commence operations in the country, either alone or with a [...]

Top Automotive Manufacturers Leveraging Mexico's Growing Economy Forbes recently ranked the top ten world's largest auto makers, looking at gains in production and profit in 2014, and put Toyota on the top of the list as the worlds largest auto maker. With a wide increase in April 2014 over April 2013, Toyota launched 13.3% more vehicles into the market, helping to boost them to the top spot of the global [...]

Why Mexico's Electronics Manufacturing Is Growing Although the global economic crisis affected the electronics industry worldwide, electronic manufacturing in Mexico enjoys rapid growth. Encouraging economic indicators indicate that further growth in the Mexico electronics industry will continue, leading the nation to a full economic recovery and threatening China’s position as a global manufacturing powerhouse. New foreign investments in Mexico continue to grow as companies find advantages them that help them [...]

In 2012, the total power output was 14.5 GW. This was a combination of both renewable sources and private power generation. Not including hydroelectric power, the amount of renewable energy installed by the end of 2012 was 2.7GW with an actual output of only 2.4 GW. This was a reasonable step to Mexico’s energy sector. Solar manufacturing in Mexico in Mexico is a big thing now amounting to 37 MW, [...]

In any company, no matter what you sell, the amount of money that you buy it for is the biggest factor that affects how much you will be able to make in profit after selling your product. Because of this, more companies are outsourcing or offshoring their work and time in order to save money. Businesses can make more money by keeping their non-essential core activities and processes going through [...]

Manufacturing in Mexico has rapidly grown as a result of a significant political and economic reorganization in the early 1990s. The economy shift resulted in the North American Free Trade Agreement (NAFTA) with the US and Canada. State-owned companies were privatized changing Mexico’s economy into an export-oriented industrial one. As trade between Mexico and the US increased, a “manufacturing belt” of maquiladoras, factories in Mexico that produce goods for US [...]