Increased Semiconductor Production in North America
A Memorandum of Understanding (MOU) was signed between Arizona State University (ASU) and Esteban Moctezuma Barragán, the Mexican Ambassador to the United States, to enhance semiconductor manufacture in North America.
In order to lessen…
Mexico Aviation Industry Gains International Recognition
Air Transport Competitiveness Index Places Mexico at the Top. ALTA applauded the country’s superior connectivity, accessibility and air transport policies, as Mexico is making a major turn around since the COVID-19 pandemic greatly affected…
Bright Future for Latin America’s Automotive Industry
Due to key players in the automotive industry betting on Mexico’s capacity and potential, the industry keeps moving forwards. An example for this perception is the Mexican Ambassador to the United States Esteban Moctezuma Barragán signing…
Mexico’s Revolution Day
On November 20th 2022, Mexico celebrates its 112th anniversary of the “Día de la revolución”, which translates to “Revolution Day” and is considered as one of the most important days in Mexico’s history. This day marks the beginning…
Improved working conditions in Mexico
Last week, the Senate approved reforms to the Federal Labor Law to increase the number of paid holidays, which in the first year of work will be 12, double the current number. "The increase will make labor 2 percent more expensive, but this…
Nearshoring Mexico
Many entrepreneurs around the world started a relocation of their production centres due to the pandemic, the closure and subsequent reopening as well as the rupture that originated in the supply chains, caused in part by the dependence on Asian…
El Día de muertos, tradition and celebration in Mexico
Since October 28, the Day of the Dead 2022 altar began to be placed in Mexico, one of the greatest representations of the holiday. This date represents the return of someone rather than the absence of that person, it is for that reason that…
Mexico’s Maquiladora Plants
Mexico’s famous “Maquiladoras” can also be described as “twin plants”. The name comes from the fact that while the manufacturing plants are based in Mexico, the parent company’s administration facility operates in the company’s…
Fair Pricing – How Mexico is Trying to Counter Inflation
Inflation in Mexico and around the world has shown a trend that goes beyond inertia. Aspects once considered temporary have lasted longer than estimated, and this phenomenon will continue to be one of Mexico's problems to solve in 2023.To reduce…
The IMMEX program
The IMMEX program in Mexico was established in 2006 and has since frequently been updated due to its high relevance to the Mexican market. Nowadays, it has become a pillsar of the Mexican economy and a vital element of US competitive manufacturing.…