Mexican officials have reported that they have recorded a trade surplus of $510 million for the month of April. This positive report marks the third time in a row Mexican officials have been able to record a net positive for their trade surplus levels. For those looking for the source of this recent boom, they need to look no further than the strong base of Maquiladora manufacturing in Mexico. A maquiladora [...]

HardTech Labs is a hardware accelerator looking to build the future of San Diego and Baja entrepreneurship by utilizing the development talent of San Diego with the implementation experience of Tijuana. HardTech Labs announced Class Zero, featuring 4 startups. These new startups are based in San Diego and Tijuana. HardTech Labs selected the companies based on geographic location, hoping to benefit quick and effective hardware development. HardTech Labs plans to [...]

A maquiladora (sometimes shortened to maquila) is a factory in Mexico, typically owned by a foreign entity, operating under a tax incentive program designed by the Mexican government to attract foreign investment and create jobs. The factory is able to import tools, equipment and raw materials free of duties or tariffs. The operation manufactures or assembles new products, which are then exported, usually back to the United States and Canada. [...]

Manufacturing in Mexico is stronger than ever. The rise of the manufacturing sector in the country the first quarter of 2014 improved the conditions for rebound of the national economy. International companies operating in the region have already felt the impact. Companies seeking competitive advantage are finding Mexico’s emerging economy one of the most cost-effective production opportunities for relocation. Incentives for setting up manufacturing in Mexico are many. When evaluating [...]

The recovery of Mexican factory exports in the first quarter of 2014 signals a rebound of the country’s economy after nearly four years of stagnation. Since the start of 2014, auto shipments have surged. Auto manufacturing in Mexico, one of the country’s major bright spots, is set to once again advance against competitors in the forthcoming cycle. As Latin America's number two economy, Mexico is an emerging market to watch. [...]

Over the past five years, Mexico has become a global powerhouse in the automotive industry. Nearly 90% of the world's top 100 auto parts plants are located in Mexico. The Mexican Automobile Industry Association (MAIA) predicts that by 2017, production will increase nearly 40 percent to over 4 million vehicles. Long-standing auto giants from the U.S., General Motors and Ford, will be joined by Nissan, Honda, Mazda and Volkswagen's Audi [...]

April 11th, 2014 -- Mexico's part of the U.S. import sector has climbed to a record-breaking rate of 14.4%. Hoopnotica is one of the growing number of U.S. businesses bringing production back home or "near-sourcing" over to Mexico. The nation has been losing manufacturing to China for a considerable length of time. At the same time, things are changing now that the worth of the Chinese yuan is rising, the [...]

March 24th, 2014- The budding economy in Mexico during 2014 is reminding many people of the 1990s when the country was pushing for liberalization in trade and began opening up its borders to international partners. The change was induced by a youthful president and increasing privatization. The main industries in Mexico that were opened up globally included telecommunications and finance. Completing the North American Trade Agreement (NAFTA) in 1994 may [...]

March 19th, 2014 - This year marks the 20th anniversary of the North American Free Trade Agreement (NAFTA) between the United States, Mexico and Canada. The trilateral pact was signed by United States President Bill Clinton, Mexican President Carlos Salinas, and Canadian Prime Minister Jean Chretien, and implemented in January 1994. The agreement eliminated most tariffs on products traded between the United States, Mexico and Canada. It also applied intellectual [...]