Giving Guadalajara Its Due as a Hotbed for Innovation
NAI Mexico
by Marcel
2w ago
The need for world-class manufacturing and engineering talent in the automotive sector has reached a fever pitch as automakers, along with Tier 1 and 2 suppliers, gain velocity in delivering on the many promises of electrification. Success requires careful maneuvering around seemingly endless technology, supply chain and production speed bumps. For that reason, among others, Molex recently opened a factory in Guadalajara, Mexico, to accelerate innovation on behalf of automotive, transportation and industrial customers in North America and globally. While the company’s manufacturing presen ..read more
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Mexico, U.S. and Canada agree to promote electromobility
NAI Mexico
by Marcel
2w ago
MEXICO – Mexico, the United States and Canada will seek to create stronger regional supply chains and promote targeted investment in key industries of the future, such as semiconductors and electric vehicle batteries, which will be key to advancing the development and infrastructure of electric vehicle technology. This during the North American Leaders’ Summit (NALS) where U.S. President Joseph Biden, Canadian Prime Minister Justin Trudeau and Mexican President Andrés Manuel López Obrador participated. “We seek to deepen our regional capacity to attract high-quality investment, drive innovatio ..read more
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US and Mexico strategize to lure ‘nearshoring’ business relocation from Asia
NAI Mexico
by Marcel
2M ago
Mexico and the United States will work together to lure companies to North America from Asia, the Economy Ministry (SE) said Friday. After a meeting between Economy Minister Raquel Buenrostro and U.S. Secretary of Commerce Gina Raimondo, the SE said that those two officials will collaborate to put together a “joint presentation” to the private sector “to disseminate the opportunities and economic and fiscal benefits that both countries offer for the relocation of companies.” The presentation will be put forward in the first two months of 2023, the ministry said in a statement. Buenrostro  ..read more
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Relatively cheap labor and its proximity to the U.S. has made Mexico the ideal “Nearshoring” destination
NAI Mexico
by Marcel
3M ago
Relatively cheap labor and its proximity to the U.S. has made Mexico an ideal destination for industries to manufacture their products, including electric cars, toys, and medical supplies. Mexico’s manufacturing industry has been “booming” as a result of recent nearshoring initiatives, BofA’s Capistrán wrote. The sector has grown 5% so far in 2022 alone, and has already exceeded its pre-pandemic size, he added. Capistrán noted that average labor costs in Mexico are now cheaper than in China, incentivizing more companies to move manufacturing operations to its shores. These facto ..read more
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China’s loss is Mexico’s gain: Bank of America says a transformed global supply chain means nearshoring investment in the country is a ‘lifetime opportunity’
NAI Mexico
by Marcel
3M ago
One of the many buzzwords to have come out of the supply chain crisis of the past few years has been “nearshoring”: companies investing in production closer to home so that they don’t have to deal with global sourcing challenges. In the U.S., the supply chain crisis has added fuel to the country’s inflation fire, and a growing number of industries have chosen to bring production closer to home as a result. U.S.-based companies that have already reshored their operations to nearby countries in Latin America and the Caribbean include carmaker Ford and aerospace manufacturer Boeing. The nearshori ..read more
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Insights on Mexico Industrial Real Estate: Focus on the Automotive Bajio and Northeast Regions
NAI Mexico
by Marcel
3M ago
GlobalAutoIndustry.com’s latest Audio Interview “Insights on Mexico Industrial Real Estate: Focus on the Bajio and Northeast Automotive Regions” features Fernanda Martinez and Edgardo Hernandez, both with NAI Mexico. Ms. Martinez is Regional Director serving the Bajio Region, and Edgardo Hernandez is Regional Director serving the Northeast Region. NAI Mexico, part of the NAI Global network, is a leading industrial and commercial real estate firm, and operates 25 offices across Mexico and works with global customers, including many in the automotive industry. In the 8-minute Audio Int ..read more
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How Mexico Fills The Manufacturing Skills Gap
NAI Mexico
by Marcel
4M ago
A large skills gap plagues the modern business world: the skills possessed by prospective employees versus those required to perform the job effectively. One of the best examples of this is in the manufacturing industry. Currently, there are a number of positions available in manufacturing, and employers are scrambling to fill them, but they are unable to locate qualified candidates with the proper skill set. By 2030, the National Association of Manufacturers anticipates 2.1 million unfilled manufacturing jobs in the United States due to a shortage of qualified manufacturing workers ..read more
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Differences Among Top Automotive Manufacturing Regions in Mexico: How do Suppliers Select Best Locations?
NAI Mexico
by melissa
7M ago
GlobalAutoIndustry.com’s latest Audio Interview “Differences Among Top Automotive Manufacturing Regions in Mexico: How do Suppliers Select Best Locations?” features Gary Swedback. Mr. Swedback is CEO of NAI Mexico and NAI PanAmericas, part of the NAI Global network, a leading industrial and commercial real estate firm. NAIMexico operates 25 offices across Mexico and Latin America, and works with many global customers, including those in the auto industry. Gary is a sought-after speaker on Mexico & Latin America industry and business issues. Visit Global Auto Industry an ..read more
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New air cargo route links central China, Mexico
NAI Mexico
by melissa
8M ago
The post New air cargo route links central China, Mexico appeared first on NAI Mexico ..read more
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Advanced Automated Guided Vehicle Market by Type, Application, and Geography – Global Trends & Forecasts to 2019-2029
NAI Mexico
by melissa
8M ago
Dhirtek Business Research and Consulting most recent study on the advanced automated guided vehicle (agv) market provides a comprehensive view of the entire market. The research report delves deeply into the global advanced automated guided vehicle (agv) market’s drivers and restraints. Analysts have extensively researched the global advanced automated guided vehicle (agv) market’s milestones and the current trends that are expected to determine its future. Primary and secondary research methods were used to create an in-depth report on the topic. Analysts have provided clients with ..read more
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