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Stay In the Know: Explore Mexico Manufacturing Highlights for the Latest News

Co-Production International Inc. Blog & News

Welcome to our hub of México Manufacturing Highlights, your go-to source for the latest news and insights in the industry. Stay informed, stay ahead! Explore key developments, trends, and innovations shaping the manufacturing landscape in Mexico. Let's dive in!

 

Mexico: The Stranger Next Door

Not so long ago, if you believe what you read in the papers and see on TV, Mexico was the next Afghanistan. It was poor, lawless, and plagued by drug violence, a failed-state-in-the-making whose problems and people would soon cascade over the border. In early 2009 a U.S. Joint Forces Command report speculated that, in the next quarter-century, Pakistan and Mexico could prove the most worrisome flash points for American security. According to a study by Roberto Newell for the Wilson Center, more than 60 percent of all stories about Mexico in major U.S. papers were negative in 2007; that figure had risen to more than 80 percent by 2010. A survey of U.S. attitudes toward Mexico in 2012 found only 14 percent of respondents called it a "good neighbor." Type "Why is Mexico so" into Google and the first four adjectives suggested are "dangerous," "violent," "bad," and "poor."

In the last year, however, Mexico's image has witnessed a dramatic transformation. In the eyes of U.S. media and policymaking elites, the country's gone from being the next Afghanistan to the next China. The new narrative crescendoed with the swearing-in last December of President Enrique Peña Nieto. Journalists covering the event learned, among other things, that years of effective economic policies and an embrace of free trade are turning Mexico into a solidly middle-class society. The Financial Times called Mexico, whose economy grew 3.9 percent in 2012, an "Aztec tiger."

As US President Barack Obama visits Mexico this week, he may want to consider the new realities of the country, says Shannon O'Neil, from the Council on Foreign Relations.
President Obama's visit to Mexico is part of a long tradition of diplomatic relations between the US and its neighbour to the south.

But while many Americans feel that they understand the basic economic and social forces that drive Mexico, the realities are much more interesting. Here five myths about Mexico, that have a direct impact on American foreign policy, are debunked.

Mexico is no longer a poor country

Though many Americans think of Mexico as a country of either wealth or poverty, by most accounts it is now a middle-class country.
A majority of Mexican households - incorporating roughly 60m people - now have disposable income. Half of the people in Mexico own their own car, and one-third own a computer. Nearly everyone has a television and mobile phone.

nieto-obama-economics-securityWASHINGTON, April 30 (Reuters) - President Barack Obama said a trip to Mexico this week will center on economic issues such as trade and energy but security issues will not be far behind.

"A lot of the focus is going to be on economics," Obama said during a news conference. "We've spent so much time on security issues between the United States and Mexico that sometimes I think we forget this is a massive trading partner, responsible for huge amounts of commerce and huge numbers of jobs on both sides of the border."

Obama is due to visit Mexico on Thursday, holding meetings and having dinner with President Enrique Pena Nieto. He will also travel to Costa Rica and meet with Central American presidents.

carlos-slim-motivationRecord low interest rates, cold hard cash on balance sheets and Mexico are among the themes I'm hearing at the Global Conference 2013, sponsored by the Milken Institute in Los Angeles.

We know that record rates have already fueled a steady flow of new money into stocks, sending the major averages toward record highs. But some investment managerss are scratching their heads wondering why the level of borrowing—coupled with trillions of dollars in cash on balance sheets—are not fueling more of a boom in the mergers and acquisitions business. Peter Weinberg, co-founder and partner at Perella Weinberg Partners, said to expect that boom to occur later this year.

"We had this huge week in February that many of us thought was the beginning of a storm," he said. "Confidence levels still are not a level that's going to drive consistent M&A."

mexico-top-desintationMexico has become the new hotspot for investors seeking opportunities in Latin America. The new president of Mexico, Enrique Peña Nieto, has been pushing for economic change, which has encouraged many investors put cash in to Mexico. A recent CNBC article quoted a research director at Frontier Strategy Group as saying, "Brazil became a lot less attractive in the last year and a half. Mexico has definitely come up as a priority."

Mexican companies have proven themselves to have a better profit profile than those within Brazil, with higher profitability and better margins. Brazil has the largest economy within Latin America, but it has been fighting against high inflation, leaving investors worried that over a potentially low-growth environment. Compared to Mexico's quickly growing economy, Brazil's grew only 1 percent last year.

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Co-Production International, Inc. Administrative Service Provider San Diego, California
Sales and Consultation Inquiries:
Toll Free: 855.480.0837

ico flag usaUSA Corporate Office
Ph: 619.429.4344
8716 Sherwood Terrace
San Diego, CA 92154
USA

ico flag usaMéxico Corporate Office
Tel.: 664.454.3330
Boulevard Agua Caliente 4558
Int. 701, Colonia Aviación
C.P. 22014, Baja California
info@co-production.net

ico flag usa Monterrey Nuevo León Office
Av. Benito Juárez 1102 Col. Centro
Piso 4 Torre Sur, Oficina 432
Monterrey, Nuevo León 64000, Mexico
info@co-production.net

Co-Production International, Inc. Administrative Service Provider San Diego, California

ico flag usaUSA Corporate Office
Ph: 619.429.4344 / 855.480.0837
8716 Sherwood Terrace
San Diego, CA 92154 USA

ico flag usaMéxico Corporate Office
Tel.: 664.454.3330
Boulevard Agua Caliente 4558
Int. 701, Colonia Aviación
C.P. 22014, Baja California
info@co-production.net

ico flag usaMonterrey Nuevo León Office
Av. Benito Juárez 1102 Col. Centro
Piso 4 Torre Sur, Oficina 432
Monterrey, Nuevo León 64000, Mexico
info@co-production.net

ico flag usaUSA Corporate Office
Ph: 619.429.4344 / 855.480.0837
8716 Sherwood Terrace
San Diego, CA 92154 USA

ico flag usaMéxico Corporate Office
Tel.: 664.454.3330
Boulevard Agua Caliente 4558
Int. 701, Colonia Aviación
C.P. 22014, Baja California
info@co-production.net

ico flag usaMéxico Monterrey Office
Av. Benito Juárez 1102 Col. Centro
Piso 4 Torre Sur, Oficina 432
Monterrey, Nuevo León 64000, Mexico
info@co-production.net