The Metal Mechanic Industry
The metal mechanic industry is dynamically in charge of providing tailor-made machinery, consumption goods and metal tools to the other links of the productive chain. In other words, metal mechanic is the sector that comprises industrial machinery and provides tools to other metal industries. This sector is closely related to the automobile, mechanic, industrial, and […]
Minimum wage in Mexico
Minimum wages are interventions of the labor market that governments use as political macroeconomy instruments or as social tools. In other words, they represent the lowest wage level established with a fixed system of minimum gross wage that workers receive in virtue of a labor contract. In 2021, Mexico has had significant changes in the […]
Opportunities of Industry 4.0 in Mexico
Throughout the years, technology has advanced exponentially knowing that it is here to stay. Nowadays, life cannot be imagined without these innovative technologies that have made our lives as simple as those offered by Industry 4.0 What is Industry 4.0? Industry 4.0 refers to intelligent manufacturing technologies with automated processes. In other words, production processes […]
Industrial sector in Mexico 2021 projections
For as challenging as 2020 was, there is a light of prosperity for the Mexican industrial sector in 2021 projections. Industries such as automotive and manufacturing are projected to have a resurgence this year, giving hope for a greater economic growth. There is great hope for the industrial sector in Mexico in 2021 projections as […]
Why is foreign investment in Mexico skyrocketing?
Although moving production to Asia helped companies reduce cost at first, it also proved to be a fragile system with the arrival of the pandemic. Therefore, foreign investment in Mexico has been showing great signs of expansion as companies seek to reinforce their supply chains. Mexico is becoming the strongest candidate for companies to create […]
Industrial development and manufacturing
Thanks to several factors, there has been better industrial development and manufacturing diversity in Mexico in recent years. One of these is that it has spread towards different States of the country. This has allowed the expansion of the operating processes and has diversified the market into new regions. Private Industrial Parks help the country […]
International trade and supply chains in 2020
It is no secret that in 2020 was quite the year for the whole world. We saw the effects of the pandemic on international trade and how it started the conversation on regional supply chains. Let’s reflect on what this year brought for the world in this market retrospective. 2020 might have been a rough […]
Industrial sector in Mexico: a retrospective of 2020
To say that 2020 has redefined the word “challenging” is an understatement. The whole world went through major challenges that had to be overcome. The industrial sector in Mexico was not the exception. The industry in Mexico faced one of the greatest challenges in its history, and still came up on top Starting the year […]
Mexican economy: a retrospective of 2020
2020 has been quite the ride for the whole world. Ever since the turn of the year, it seemed like there would be a new surprise each week. While the whole world went through ups and downs, let’s take a moment to focus on how resilient the Mexican Economy is in this economic retrospective 2020. […]
ODATA enters the American market
As part of the Bajio Region, Queretaro has been a great example of foreign direct investment (FDI). The Brazilian data center giant, ODATA, invested over $100 million USD in the state to enter the North American market. Their target is to bring cloud services to Amazon, Microsoft, and Netflix. Foreign Direct Investment: taking off during […]
