By Adina Moloman Source: UT San Diego Tijuana –San Diego cross-border collaboration has taken place at numerous levels. The cross border cooperation is focused on specific regional development issues, including first of all economic development, cultural and educational matters, urban development, local democracy, environmental issues, security issues, border crossing wait time, etc. The most common [...]
Tag Archives: Mexican Maquiladoras
UCS research – Impact of wait times at the major US Ports of Entry
By Adina Moloman Sources: create.usc.edu, KPBS A recently study conducted by researchers at the University of Southern California on an economic modeling that predicts how adding customs and border agents at U.S. Ports of Entry affect the economy in terms of the Gross Domestic Product (GDP), Value of time (opportunity costs), and Employment, at both [...]
Bank of America study – Mexico’s labor costs
By Adina Moloman Sources: Reuters, Financial Times April 2013, Bank of America presented a report by the chief economist for Merrill Lynch that estimated an important turnaround regarding Mexico’s labor costs, which are now 19.6% lower than China’s. Ten years ago Mexican average labor costs were then almost double than Chinese labor costs. According to [...]
US budget cuts to hit US- Mexico border activities
By Adina Moloman Sources: Global Post, San Diego Red, ABC News US President Obama announced $85 billion in automatic budget cuts that are set to take effect starting March 2013. Deep cuts in US public spending will bring economic and security consequences at the border between the United States and Mexico, one of the busiest [...]
San Diego/Baja California Mission to Mexico
By Adina Moloman http://www.sdchamber.org The San Diego Regional Chamber of Commerce will host its 8th Annual Mission to Mexico City on April 15-18, 2013. As one of the biggest advocacy missions hosted throughout the year, the San Diego/Baja California trip to Mexico offers an excellent opportunity for the Baja California/ California regional business community to [...]
2013 Mexican Federal Revenue Law
By Adina Moloman Source: PWC The 2013 Mexican Federal Revenue Law was published in December 2012 and entered into force on January 1, 2013. This is the first Federal Revenue Decree issued by President Enrique Peña Nieto’s new Mexican government, it will maintain the current tax structure and implemented a delay to the proposed cut [...]
Aerospace & Defense Manufacturing Summit 2012
By Adina Moloman Sources: Supply & Demand Chain Executive; www.aerospacedefesesummit.com The Aerospace & Defense Manufacturing Summit 2012 will be held October 25 – 26, 2012, at the Red Rock Casino, Resort & Spa, Las Vegas, NV. The event will highlight challenges and opportunities for aerospace and defense manufacturing, covering topics such as improved quality assurance [...]
Hyundai new plant in Tijuana
By Adina Moloman Sources: North American Die Casting Association, Maquilaportal.com Hyundai, the Korean automotive leader set up its first plant in Tijuana back in 1989. This year Hyundai announced an investment for US$131 million in their new aluminum Die Cast Plant, as their third investment in Tijuana, Baja California. The construction of their new facility [...]
The comeback of Mexican Maquiladoras
Source: Investor’s Business Daily Starting with this year, according to the Boston Consulting Group, China has lost its factory wage advantage over Mexico. A decade ago experts wrote about “China’s eating Mexico’s lunch”, where China’s reforms where challenging Mexico’s comparative advantages. Back then China was winning the “battle” on attracting foreign direct investment based on [...]
The establishment of the first Embraer plant in Mexico
By Adina Moloman Sources: The Wall Street Journal, Reuters Over the last years Mexico government was focusing on the project of building an aerospace industry and eventually Mexico becoming Hub for Aerospace Industry. The results were positives, considering that this sector has averaged 20-25% growth the past five years, while attracting aerospace multinational companies such [...]
Industry News
- Mexico could post second quarter growth of 3.5 percent: finance minister - MSN Money June 17, 2013
- Mexico pushes for direct ties with Canada, apart from US influence - Globe and Mail June 17, 2013
- Mexico growing on manufacturers - Arizona Daily Star June 14, 2013
- UPDATE 1-Mexico April industrial output dips to four-month low - Reuters June 11, 2013
- Mercedes considering new manufacturing plant in Mexico - Indian Autos Blog (blog) June 10, 2013
- Ferrari Head of North America: Mexico Is The Next China - Forbes June 5, 2013
