Germany's Chancellor Angela Merkel on Friday June 9th, backed Mexico to press for a successful renegotiation of the North American Free Trade Agreement with Donald Trump, thanking its government for keeping German interests in mind during the talks.
Germany and Mexico have pursued policies tailored toward exporting manufactured goods, and both ran trade surpluses of more than billion with the United States last year.
Many of the biggest names in German manufacturing ha... Continue reading
Apodaca, Mexico — New Jersey custom insert molder and injection molder Weiss-Aug Co. Inc. has opened its first manufacturing facility outside the United States in the Monterrey metropolitan area of northern Mexico.
Weiss-Aug will invest million in the Mexican company, Weiss-Aug México S. de RL de CV, over the next three years, General Manager Jorge Zamora Duque said June 23, a day after the opening ceremony.
Canada’s ambassador to Washington is striking an upbeat tone on looming trade talks with President Donald Trump’s administration, saying the U.S. is now warming to cooperating with Mexico and Canada on trade.
In a pair of Ottawa appearances this week, David MacNaughton said while challenges lie ahead, Canadian ties with the White House are as close as they were under Barack Obama’s administration and Canada will “end up coming out of all this better than we are now.”
The t... Continue reading
In recent years, there has been a migration of manufacturing operations to Mexico as the widely popular Maquiladora (IMMEX) program has expanded. While this has been a large topic of debate in the last year with regards to both political and social ramifications, there is no denying that the manufacturing industry has recognized the tremendous potential that offshoring to Mexico offers.
Mexico is the third largest trading partner with the United States and the United States’ third l... Continue reading
A formal agreement for Mexico’s Hannover Messe partner country participation was signed May 1 by representatives of Deutsche Messe and the Mexican government. Next year's show will run from Apr. 23 to 27.
Industry 4.0, energy and environmental technologies, vocational training, startups and direct foreign investment are the themes that will be featured in Mexico’s 2018 showcase. Mexico will be the first Latin American nation to ever present itself as a partner country.
... Continue reading
TIJUANA, Mexico — The North American Free Trade Agreement has transformed this sprawling border town from gritty party spot to something entirely different: a world capital of medical devices.
Trucks choke boulevards lined with factories, many bearing the names of American-run companies: Medtronic, Hill-Rom, DJO Global and Greatbatch Medical. Inside, Mexican workers churn out millions of medical devices each day, from intrave... Continue reading
The new plant at Coatzacoalcos will also manufacture concrete admixtures
Sika opened a new mortar production facility at Coatzacoalcos in southeast Mexico. The new plant will also take over the manufacture of concrete admixtures from the previous production site at Villahermosa. Through its five factories, Sika has now established a nationwide supply chain. With a population of 120 million, Mexico has one of the largest domestic markets in Latin America and is investing heavily in infra... Continue reading
Much of Trump's protectionist rhetoric hinges on manufacturing, outsourcing of jobs and immigration — not agriculture.
Among other threats targeting Mexico during his election campaign, U.S. President Donald Trump harshly criticized the North American Free Trade Agreement (NAFTA), a 23-year-old tripartite deal that removed tariffs and significantly increased commerce between Canada, the United States and Mexico.
Renegotiation of the deal is likely to start late this year.<... Continue reading
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