Friday, July 26, 2024
HomeNearshoring in Mexico

MND_NEARSHORING IN MEXICO

Mexican and Chinese business people at Hofusan Industrial Park

Chinese investment in Mexico has risen fast, but still lags behind...

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Over half of total Chinese FDI in Mexico since 2006 has been made since 2020, but according to official data, it's still a fraction of U.S. and European FDI.
UPS truck in Mexico

UPS to buy Mexican delivery firm Estafeta ‘as the shift to...

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UPS CEO Carol Tomé noted that "Mexico's role in global trade is growing" in a statement about the acquisition, which is expected to be finalized this year.
A maquiladora factory in Tijuana

What if everyone benefits from nearshoring in Mexico except Mexicans?

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Mexico News Daily CEO Travis Bembenek ponders this question as Mexico faces a historic economic opportunity.
Pedro Casas Alatriste

5 questions about Mexico’s semiconductor industry: An interview with Pedro Casas

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Pedro Casas of AmCham sees a clear alignment between the U.S. and Mexico that will transform the region's semiconductor supply chain.
Ministerial meeting of the Americas Partnership for Economic Prosperity, with member country representatives seated at banquet tables in a foermal room at the US White House.

New US initiative could ‘turbocharge’ Mexico’s semiconductor industry

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The Western Hemisphere Semiconductor Initiative aims to turn Mexico and other Latin American nations into semiconductor assembly hubs.
USI officials and officials from Jalisco, Mexico, in a horizontal line all holding part of a red ribbon and holding scissors, readying to cut it as part of an opening ceremony for its new Tonalá plant

Shanghai-based USI opens new manufacturing plant in Tonalá, Jalisco

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Global electronics company Universal Scientific Industrial has opened a new US $82 million plant in the Guadalajara metro area.
An aerial view outside an industrial park with many containers parked on the paved parking lot.

Nearshoring prompts developer Thor Urbana’s purchase of 9 industrial parks

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Known mainly for high-end residential and commercial sites in Mexico, the company says it hopes to benefit from the nearshoring trend.
Jorge Guajardo

5 questions about China’s impact on US-Mexico trade: An interview with Jorge Guajardo

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Mexico's longest-serving ambassador to China shares his insights on how Mexico should approach trade policy and how to protect Mexican industry.
BYD Executive Vice President Stella Li at the launch of the company's Dolphin Mini electric car in Mexico in February. (BYD)

USTR reports on concerns about Chinese automotive investment in Mexico

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The U.S. Trade Representative's report says Chinese automotive investment in Mexico poses "challenges" to enforcing the USMCA free-trade pact.
Schneider Electric's "Smart Factory" in Monterrey, one of four plants forecast to reach net-zero status in 2025.

Schneider Electric CEO in Mexico says he ‘believes’ in nearshoring

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With 10 plants and one in construction, Schneider Electric is ready to capitalize on Mexico's nearshoring potential.
Marcelo Ebrard at a press event

Marcelo Ebrard talks trade, nearshoring and US-Mexico relations in La Jornada interview

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Mexico's next economy minister said the United States will "need Mexico to be able to compete with China" in an interview with La Jornada newspaper.
Jorge Guajardo head shot

5 questions about investment in Mexico: An interview with former Ambassador Jorge Guajardo

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Jorge Guajardo, former Mexican ambassador to China, answers five questions about FDI, nearshoring and Mexico's economic future.
Daikin Data Center

HVAC manufacturer Daikin Applied breaks ground on US $121M plant in Tijuana

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The Japanese firm's plant is expected to create at least 1,150 jobs.