There are many advantages when looking to run your business in Mexico, as there is no red tape, no hidden costs, no incorporation needed, and a large, experienced group of executive, managers, engineers, and supervisors trained by foreign companies. This infographic delves into the top 5 advantages and shows you why Mexico is a great option for businesses in North America. Intermex has been part of the success of over 200 multi-national companies manufacturing and distributing in Mexico. The process of combining foreign capital and technology with Mexican labor, industrial facilities, and community, has been Intermex’s core value for 40 years. Intermex provides a competitive edge for success and profitability of your operations in Mexico. Find more about Intermex here.
Read More →Spectrum: S-40 Jet, Made in Mexico: First Aircraft to be Completely Manufactured in the Country
Original Source here. How many parts does an airplane have? According to Boeing, a goliath in the U.S. Aerospace industry, there are over 6 million pieces that make up its 747. Completely believable when you consider everything from cockpit parts, nuts, and bolts to tray tables and seatbelt buckles! Mexico has been persistent in working to elevate its position in the supply and demand industry for aerospace parts for several years. ProAereo 2012-2020, put in place by the Mexican government, is a national strategic program designed specifically to put Mexico among the top 10 countries in the world in aerospace manufacturing and production. And further, to make Mexico the first aerospace service HUB in Latin America. In support of ProAereo’s goal, the Mexican government has established educational facilities and research centers geared to specifically enhance their potential in aerospace: grooming a talented workforce and creating infrastructure to ensure sustained capabilities in the industry. The strategy is continuing to pay off as San Diego-based U.S. aircraft developer, Spectrum Aeronautical, is set to build their S-40 business jet in Mexico. Spectrum says Mexicali was chosen due to the area’s population of highly skilled workers, and for its proximity to the “huge aerospace industrial infrastructure of Southern California.” Spectrum chief finance officer David Tenney says, “Mexico is really keen to develop its aerospace industry and the S-40 will be the first aircraft to be completely manufactured in the country.” $300 Million is the sum needed to …
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