Posts by Alan Russell
The time has come to shift production from China to Mexico
The newly ratified and implemented USMCA, trade friction between the US and China and the current problems afflicting the Asian economic powerhouse’s supply chain have set the table for companies to make decisive moves to shift production from China to Mexico. The uncertain economic circumstances that the world economy is currently experiencing will undoubtedly result […]
The United States Signs the USMCA with Mexico and Canada
President Donald Trump signed the USMCA with Mexico and Canada on January 29, 2020, two weeks after the U.S. Senate passed it and the Mexican Congress did the same. The next and final step before the trade treaty’s implementation is its approval by the Canadian Senate and House of Commons. The USMCA with Mexico and […]
How to Conduct Successful Negotiations in Mexico
Negotiations in Mexico will be conducted successfully if you are aware some of the country’s cultural idiosyncrasies and know how to adapt to them. Preparations for the Meeting It is a common practice to request business meetings in Mexico up to one month in advance. Scheduling an encounter in this manner will allow for ample […]
US–Mexico Bilateral Relations are Positive
Significant developments on several fronts in US–Mexico bilateral relations evidence a continued strong partnership between the two countries. Mexico has positioned itself as the United States’ top trading partner At the 17th Business Summit that was held in Cancun from October 20-22, 2019, officials from the United States and Mexico estimated that trade between the […]
Investments Strengthen the Automotive Industry in Guanajuato and the Bajio in 2019
An already burgeoning automotive industry in Guanajuato continues its growth trajectory in 2019 as the result of several large investments in the sector. Mexico’s Bajio region is one of the overall largest repositories for foreign direct investment (FDI) in the nation. Over the last year, Guanajuato and the other Bajio states have seen an aggregate […]
321 Program – Hidden Opportunity in Mexico Revealed
Economics of a little known program and perfectly legal piece of legislation has surfaced that provides multiple benefits for U.S. companies fitting the following profile: Importing finished products from China into the U.S. Products have a retail sales value of $800 or less. Prefer to reduce labor costs 75% for processing, packaging, and shipping […]
Who loses in the trade war between China and the United States?
The trade war between China and the United States has intensified in recent days, with both countries announcing new tariffs on the other’s products. Quoting Jim Glassman, Head Economist, Commercial Banking, May 15, 2019: “Trade negotiations with China stalled on Friday, leading the Trump administration to impose a 25 percent tariff on approximately $200 billion […]
Economic Impact of the USMCA will be positive
A recently completed report by the US International Trade Commission (ITC) has determined that the economic impact of the USMCA will result in inclusive growth of the economies of the three signatory nations. On April 18, 2019, the United States International Trade Commission published its final report on the US-Mexico-Canada Treaty (USMCA). The ITC issued […]
Why Mexico? 10 reasons to invest in Mexico
According to a recent World Investment Report of the United Nations Conference on Trade and Development (UNCTAD), Mexico is one of the top developing nations in which to invest. If your firm is currently analyzing new markets in which to commit production resources, consider the following 10 reasons why investing in Mexico is a good […]
China Manufacturing Moving to Mexico
China Manufacturing Moving to Mexico The Dilemma: Today we are seeing U.S. manufacturers possibly facing 10%-25% tariffs on imports from China that were free of tariffs until recently. Discussions with several of these companies reveal that their shrinking margins are creating concerns for their financial futures. These conditions of unrest may be short-term but, history […]
China Manufacturing in Mexico
China Manufacturing in Mexico – Market Evolution China manufacturing in Mexico would not have been discussed twenty years ago. Natural market evolution has created a notable paradigm shift where companies currently manufacturing in China are reviewing the benefits of moving manufacturing from China to Mexico. The forces of tariffs are uncloaking the benefits of China manufacturing […]
Tecma and The England Aerospace Conference July 22-26, 2018
MexicoNow is publishing a special aerospace edition to be distributed at the England Aerospace Conference. Recognizing that an increasing number of companies in Europe are reviewing labor cost savings in Mexico, Tecma elected to participate in the publication. It starts at Farnborough. July 16-22, 2018 Being the largest industry event on the aerospace calendar in […]
Mexico Shelter Services Provider Promotes From Within
The Tecma Group, a Mexico Shelter Services Provider, Expands It’s Leadership Team With New Promotions Founder K. Alan Russell to be named Chairman and CEO; longtime employees Mark Earley and Jose Grajeda to become President and COO (EL PASO, Texas) – Today, the Tecma Group of Companies, a Mexico Shelter Services Provider headquartered in El Paso, […]
Progressive Mexico
NAFTA In Motion: One vision. One mission. One North America.
Alan Russell Selected as Guest Speaker Alan Russell, Co-Founder of the Tecma Group of Companies was invited to be a guest speaker at the MexicoNow event in El Paso, Texas. An audience of over 500 interested listeners heard Alan describe NAFTA and taxation issues. The video plays for 30 minutes and is a valuable view […]
Gracias Amigos!
This testimonial from Cropper Medical displays that sensitivity to the culture of Mexico along with sound management practices produces results that any company would love to achieve. Alan, In business, we always hear more about problems than we do about successes. It is rare to get a call or communication about good news. Well, I […]
Tecma Sponsored Team at the Regional Robotic Championship
Tecma Sponsored Team at the Regional Robotic Championship The Tecma Group of Companies, as part of its commitment to supporting the community of El Paso, is proud to announce that Tecma’s El Paso team of 7th and 8th graders, competing against high school teams, won the Regional Championship at the University of Texas-El Paso. This […]
Manufacturing in Silao
Manufacturing in Silao has expanded significantly in recent years. The city is a favorite of firms that seek to invest in the Mexican state of Guanajuato. As a whole, over the last five years, Guanajuato has landed and consolidated 245 foreign investment projects that have accounted for a total capital investment of $11.7 billion and […]
NAFTA Collapse Does Not Reverse Manufacturing Migration
Even a NAFTA Collapse Won’t Keep Companies From Moving to Mexico As NAFTA Negotiations continue on into November the world is anxiously watching progress with some leaders voicing concerns about a NAFTA collapse. If the parties choose to walk away and cancel the North American Free Trade Agreement just what would be the effect? Thomas […]
The NAFTA RULES of Origin: What are they and why are they important?
NAFTA RULES OF ORIGIN One of the highest priorities cited by the Trump administration regarding the ongoing renegotiation of the North American Free Trade Agreement between the United States, Canada, and Mexico concerns the tightening of the NAFTA Rules of Origin. WHAT ARE RULES OF ORIGIN? “Rules of origin are agreed upon guidelines that define […]