How is the textile industry in Mexico hanging?
The effects of COVID-19 were certainly felt in this industry, but it’ll recover. It has not been a great year for the world industry in general. The pandemic froze basically all manufacturing processes, leading to big losses. Such was the case of the textile industry in Mexico that suffered a drop of around 77%. It […]
The manufacturing industry in Mexico adapted to 2020
Implementing new strategies can optimize production lines The manufacturing industry was one of the most affected by the COVID-19. The Mexican Manufacturing Orders Indicator (IMP) stated that this industry started 2020 growing. But, within the last couple of months it has been taken down a notch by the pandemic. Luckily, the manufacturing industry is getting […]
Mexico and its Free Trade Agreements explained
As we know, as of July 1st, 2020, the USMCA came into effect and is opening a great opportunity for companies seeking to produce in and export to North America. This might be one of the most important FTAs Mexico has, but it’s not the only one. Actually, Mexico is one the countries with the […]
The automotive industry in Mexico is going right
The implementation of USMCA will have a positive impact on the auto parts industry A lot has happened in the past three months. A pandemic came and changed the course of global economy, companies started to leave centralized supply chains in Asia in favor of a regional supply chain model, and the USMCA was finally implemented. Even with all this on […]
Queretaro: a great example on industrial development
Mexico has been going through a phase of industrial development that has brought great advancements on the manufacturing industry. Recently, the Mexican Institute of Competitiveness (IMCO) revealed the State Competitiveness Index, in which Queretaro was, again, amongst the most outstanding in this category, winning three “gold medals”. High-specialty education and innovation are some of the […]
The booming automotive industry in Mexico
The Mexican automotive industry has grown threefold in the last 25 years Mexico has maintained the biggest automotive industry in Latin America for quite some time now, and the industry keeps on growing, as in 2018 the country surpassed South Korea and became the 6th biggest auto parts manufacturer in the world. The growth of […]
USMCA an opportunity for logistics and e-commerce
This July 1st, 2020, the USMCA will be implemented, and it is estimated that the development of industrial hubs will be boosted by this. According to a study, the demand for real estate reached a total of 64 thousand m² in May 2020, which is a 5% increase compared to 2019. The competitive nature of the renting […]
2021 a world economy panorama
The economy might take a few blows, but we’ll manage There is a great challenge waiting ahead of us. Back in January, the International Monetary Fund (IMF) projected the world economy to grow around 3.3% in 2020 compared to 2019. Sadly, the arrival of coronavirus changed everything, resulting in the tragic loss of a large number of human lives, […]
The advantage of manufacturing using IoT
Implementing industrial IoT is a gateway to discrete manufacturing Like a page taken out of a science-fiction book, the Internet of Things (IoT), in simple terms, makes it possible for devices speak to each other and make a big communication net. These can go from everyday appliances to sophisticated industrial machines. It is estimated that around 10 […]
Regional supply chains reducing risks
The arrival of the covid-19 has made 2020 a year full of challenges for everyone. The impact it had in the global industry was very noticeable. It prevented the labor force from working for quite some days. It shut down Asian supply chains, making it harder to produce certain goods around the world. The latter […]
