Sunday, December 15, 2024
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MND_NEARSHORING IN MEXICO

An industrial park in Mexico

Industrial parks set to draw US $6B in 2025

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Three northern locations — Tijuana, Baja California, Ciudad Juárez, Chihuahua, and Monterrey, Nuevo León — are primed to receive the bulk of the investment.
A Querétaro data center similar to the ones discussed in the podcast.

MND Deep Dive: Querétaro’s data center boom

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Our subscriber-exclusive podcast looks at the new data firms setting up facilities in central Mexico.
John Deere sign

John Deere confirms US $55M investment in Mexico plant despite Trump’s...

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Local media reports that the new plant will be located in the northern state of Nuevo León.
Today, a tsunami of Chinese cars and trucks is pouring into Mexico — and flying out of showrooms.

Analysis: Chinese cars pour in to Mexico, rattling the USMCA

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Did Mexico help China meddle with the USMCA? Auto industry expert Michael Dunne weighs in.
Manufacturing drinks

Mexico attracts US $64.7B in private investment through Q3 2024

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Foreign direct investment in Mexico climbed to $35.7 billion in September, coming within striking distance of the 2023 record of $36 billion.
Shipping containers in a shipyard

MND Perspectives: Will Mexico benefit from nearshoring?

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Our subscriber-only podcast asks: Will unprecedented foreign investment bring prosperity for Mexicans, or will it simply siphon wealth from the country elsewhere?
Marcelo Ebrard looks over his glasses

Ebrard seeks meeting with Elon Musk to discuss future of Tesla ‘gigafactory’ in Mexico

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Musk put the factory on pause in July, in response to tariffs threatened by then-presidential candidate Donald Trump.
Façade of a BYD facility in Mexico.

BYD CEO: US election results do not change investment plans in Mexico

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Jorge Vallejo, BYD’s general director in Mexico, said that the firm had narrowed the list of potential plant locations to three candidate states.
The news magazine Expansión reports that Mazatlán port officials hope to exceed 180,000 new vehicle imports by the end of 2024.

Is Mazatlán’s port prepared for the influx of Chinese vehicles to Mexico?

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Increased investment in Sinaloa's port infrastructure could make the state an entrepôt par excellence for car imports from Asia.
A monitor in a Chinese EV

Mexico raises trade concerns over US plan to ban Chinese car software

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The proposed ban wouldn't just affect Chinese companies but any automaker that uses Chinese technology in their vehicles.
A man works at a car manufacturing plant, representing a decrease in unemployment in Mexico

World Bank: Nearshoring currently accounts for 0.2% of Mexican GDP

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Though northern border and Bajío region states are the "big winners" so far, a federal plan aims help other areas of the country catch up.
A microchip

Mexico and US present semiconductor industry roadmap to double exports and jobs

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The Finance Ministry is also designing a program of tax incentives similar to those established by the U.S. Inflation Reduction Act and CHIPs Act.
Sanofi recently confirmed an investment of US $50 million to expand its plant in Ocoyoacac, México state

French companies to invest US $3B in nearshoring to Mexico

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At a nearshoring event on Thursday, French Ambassador to Mexico Delphine Borione celebrated three recent investment announcements from French companies.