
Three top auto-industry suppliers are investing a combined almost $500 million in two of the biggest vehicle production hubs—China and Mexico—in new signs of confidence thatglobal demand for cars will continue to rise.
![]() Johnson Controls, Nucor and Robert Bosch will build or expand plants for automotive parts in Mexico and China Three top auto-industry suppliers are investing a combined almost $500 million in two of the biggest vehicle production hubs—China and Mexico—in new signs of confidence thatglobal demand for cars will continue to rise.
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![]() Within the next two years, Ford will no longer build any small cars in the United States, the automaker said Thursday. Production of the Ford Focus and C-Max, the only small cars Ford still assembles in the United States, will be moved to Mexico, according to a Ford spokeswoman. Ford has previously said it was opening a new plant in Mexico that would employ 2,800 workers there. ![]() Globalization has led to more companies to transfer manufacturing and assembly operations to overseas factories with China often winning out for its seemingly lower price. However, in recent years, many North American companies have moved their manufacturing to Mexico's maquilas, or factories. Mexico is one of the top manufacturing countries in the world, offering a particular focus in technology and electronics. Since the 1970s, the country has played host to companies producing computer hardware, processing units, telephones, and more. Today, Mexico is home toover 730 manufacturing plants dedicated to the electronics industry. Eight of the ten largest manufacturing suppliers in the world operate in Mexico. ![]() South Korean automaker Kia Motors has officially inaugurated a new $3 billion plant in the northern Mexican state of Nuevo Leon, the Economy Secretariat said. Kia, a unit of Hyundai, said in a statement Thursday that the newly inaugurated production facility, which began production in May 2016, would eventually have an annual production capacity of 400,000 units. |
American Industries GroupAmerican Industries Group is a private Mexican company that has helped over 200 global companies to successfully establish and run manufacturing operations throughout Mexico since 1976 through Site Selection, Administrative “Shelter” services and Industrial Real Estate. Archives
January 2017
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