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 [...]

March 17th, 2014 - Throughout the world, governments are looking for clean energy alternatives to the use of fossil fuels. They are also looking to decrease dependence on resources that have limitations. That has led to the rapid growth seen in the solar energy industry in countries all around the world. In Mexico, the state-run oil company PEMEX has always had a lock on providing a majority of the energy [...]

March 13th,  2014 - For the past 20 years, China has been the key for global expansion plans at many businesses in California and the United States. But due to rising costs, labor problems and slow lead times, many American businesses are starting to take notice of Mexico and the fact that for many companies, it is Mexico, not China, that is the future of manufacturing. Manufacturing in Mexico has been [...]

March 5th, 2014 -- Manufacturers of Consumer Electronics are Moving to Mexico to Reduce Costs. In a move to reduce costs manufacturers are choosing to manufacture in Mexico over long time competitor China, as the ideal location to produce their consumer electronics. Consumer electronics has shown strong growth in Mexico and will continue to expand, as more and more companies begin to tap the rich mine of labor in Mexico that [...]

March 4th, 2014 -- China’s siren song of low costs has been luring manufacturing companies from the United States and elsewhere for over a decade, enticing them with the promise of a large and inexpensive labor pool. Recently, however, United States manufacturers have been leaving China almost as quickly as they came. Some have moved operations back to the United States but many others are heading to Mexico. Thanks in [...]

February 27th, 2014 - After slumping for a number of years, aerospace manufacturing is on the rebound and nowhere in the world is the industry expanding faster than in Mexico. The building of aircraft components has in fact become one of the largest manufacturing industries in the country. Gone are the days when Boeing, Douglas, Lockheed, Beechcraft, Cessna, and Piper light aircraft were built entirely in the U.S. Today, aerospace [...]

February 25th, 2014 - On Wednesday, February 19, the leaders of the United States, Mexico, and Canada will meet to discuss international policy in North America. The summit is scheduled for the 20-year anniversary of the North American Free Trade Agreement, highlighting issues of trade relations between the three countries. Mexican president Pena Nieto is expected to emphasize the reforms and gains his nation has made in the economic arena, [...]