Tecma Times -Third Quarter 2016
Regionalism Makes Mexico Part of Global Manufacturing Hub
In an increasingly interdependent and regionally minded world economy, Mexico’s manufacturing growth coupled with the rise of an increasingly educated and innovative US workforce, is propelling the region to prominence as a global manufacturing hub. Mexican Manufacturing Since the signing of the North American Free Trade Agreement (NAFTA), the US and Mexico have been joined […]
Why Companies Are Leaving California
Why companies are leaving California? Over the past several years, a disturbing trend has been developing in California. Once known as the bastion of commerce and business growth, the Golden State is saying goodbye to dozens of businesses every year, and the numbers seem to be increasing as companies are leaving California. The Spectrum Location […]
Why Automotive Manufacturers Are Moving to Mexico
We hear the complaints on the national political stage all the time and accusations as to why manufacturers are moving to Mexico. Donald Trump has repeatedly criticized Ford for moving some operations south of the border, and some have placed the blame on the North American Free Trade Agreement (NAFTA). But there is a less […]
Nearly 5 Million US Jobs Depend on Trade with Mexico
Nearly 5 million US jobs depend on trade with Mexico, and political rhetoric jeopardizing these jobs should be more governed by the facts. Mexico creates US jobs, but those jobs depend on upon a system of cooperation that could disappear if politicians are not careful to better appreciate the unique relationship between the two countries. […]
How Mexican Manufacturing Benefits the US
Particularly in political rhetoric, Mexico and the US are sometimes painted as economic competitors, with the loss on the part of one reflecting a gain on the part of the other. However, since the passing of NAFTA in the 1990s, the economies of Mexico and the US have grown increasingly interdependent, and the Latin American […]
Peso Devaluation Effect on Maquiladoras
While Mexico has become a popular manufacturing destination in recent years due to a myriad of advantages, including low labor costs, a weakening peso is driving that labor cost even lower. The resulting effect is a sometimes overlooked boon for US companies seeking to increase productivity. It is believed that the peso devaluation effect will […]
