Posts by Alan Russell
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First fully Mexican manufactured aircraft nears production
Funding to completely manufacture the Spectrum Aeronautical S-40 aircraft in Mexico is nearing completion, and the aerospace manufacturer is planning to have all funding secured by the end of June to begin production on the fully Mexican manufactured aircraft. The Freedom S-40 While Mexico’s aerospace industry is already well established, the Freedom S-40 business jet […]
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As the Mexico economy grows, Chinese manufacturing slows
Once the offshoring destination of choice for manufacturing, China has lost significant competitiveness on the world market – and, as Chinese manufacturing slows, China’s pain is Mexico’s gain. The Chinese manufacturing sector is slowing China’s official manufacturing purchasing managers index has been low for over a year now. In the first month of this year, […]
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Companies can reduce medical device manufacturing costs in Mexico
Although Tijuana and Baja California are the home of the country’s leading industry cluster, a number of states serve as locations at which US and other nation’s firms reduce medical device manufacturing costs in Mexico. Along with the aforementioned leading cluster, the states of Sonora, Nuevo Leon, Tamaulipas, Yucatan, Coahuila, Chihuahua and the Federal District […]
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Commerce between the US and Mexico made gains in 2015 despite the fall in the price of crude
Although plummeting oil prices affected overall commerce between the US and Mexico during the last calendar year, advances were registered in other areas of the relationship. The leadership of two NAFTA partners meets to review 2015 During last week’s High Level Economic Dialogue between the United States and Mexico, the US vice president, Joe Biden, […]
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On the ground: manufacturing in Mexico with Tecma Chairman and CEO, Alan Russell
The Tecma Group of Companies Chairman and CEO, Alan Russell, shares some “on the ground” insight into manufacturing in Mexico at the recent Supply Chain Summit. The event was hosted in early February 2016 by the preeminent maquiladora industry publication, MexicoNow.
In his presentation, “On the ground in Mexico,” Alan Russell provided attendees with […] -
NAFTA Review: How the US-Mexico partnership benefits both
If Mexico and the US were once perceived as competitors, there is no doubt they are now closely integrated regional partners, thanks at least in part, US-Mexico partnership that resulted from the NAFTA. NAFTA In the debate that arose over the implementation of NAFTA two decades ago, there was some concern that the US would […]
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The Ciudad Juarez industrial real-estate market is very active
According to the professionals at CBRE in El Paso, the number of “active users” seeking space in the Ciudad Juarez real-estate market has seen a significant rise in recent years. Tecma Group of Companies: Hello. Welcome to another installation of Tecma Talk Podcasts. These are recorded conversations during which we discuss issues that have […]
The Ciudad Juarez industrial real-estate market is very active [ 22:07 ] Play Now | Play in Popup | Download (998) -
Amcor Service Solutions now performs DESKO’s warranty and post-warranty repairs in Mexico
The need to offer warranty and post-warranty repairs in Mexico provides evidence of growth in the country’s domestic market. DESKO of Bayreuth, Germany, a global innovator in data security, as well as banking, travel, and dedicated solutions, has chosen Tecma Group client company Amcor Service Solutions to provide it with warranty and post-warranty repair services […]
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Investors increasingly eye Mexico as cost of labor in Asia rises
Once a global manufacturing advantage, the cost of labor in Asia has lost its upper hand. In the last decade, investors looking for a competitive, low-cost manufacturing location frequently chose Asia as the smart investment for economic efficiency. With the cost of labor in Asia on the rise, however, Mexico is becoming increasingly attractive as […]
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Five reasons why Mexico manufacturing will lead Latin America in 2016
While the industrial bases of its competitors languish, Mexico manufacturing leads the way. While other Latin American countries are navigating the linger effects recession, Mexico is slowly and methodically outpacing her closest rivals, Brazil and Argentina, as the fastest growing industrialized country in Latin America. Mexico’s overall GNP growth for 2015 is estimated to be nearly […]
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Firstronic has added two vapor phase reflow soldering systems to its Ciudad Juarez facility
The use of vapor reflow soldering systems improves PCBA product quality. Although it is not a fully understood technology in manufacturing circles, Firstronic has added two vapor phase reflow soldering systems to the Mexican production facilities that it operates under the auspices of the Tecma Group of Companies Mexican manufacturing shelter services. In addition to […]
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Maquiladora benefits resulting from strong dollar outweigh negatives
Seventy percent of export manufacturing firms domiciled in Mexico are headquartered in the US. This translates into maquiladora benefits when the greenback is strong. Maquiladora benefits due to dollarization of IMMEX operations Although there are positives and negatives to the current economic conditions that include a strong US dollar when compared in value to […]
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Tecma Times – Fourth Quarter 2015
Tecma Group news from the fourth quarter 2015 THE PIC GROUP TO SET UP SHOP IN MEXICO WITH TECMA The Oshawa, Ontario – based PIC Group has recently entered into a contractual agreement under which it will operate in Tijuana, Baja California, Mexico through the Tecma Group of Companies’ Mexico shelter company services. […] […]
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The PIC Group to set up shop in Mexico with Tecma
The PIC Group grows in North America. EL PASO, January 18, 2016 – The Oshawa, Ontario – based PIC Group has recently entered into a contractual agreement under which it will operate in Tijuana, Baja California, Mexico through the Tecma Group of Companies’ Mexico shelter company services. Offerings delivered by Tecma will enable the PIC […]
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Mexico’s New Maquiladora Tax Rules In Effect
The world economic climate is constantly changing, and Mexico must conduct frequent reviews and updates of its taxation laws in order to remain competitive. Recent updates and new maquiladora tax rules have gone into effect as of Dec. 31 to ensure continued growth and clarity for the legal framework surrounding contract and shelter manufacturing in […]
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Mexican free trade agreements underpin an ideal global export platform
The Mexican free trade agreements with the US and other countries around the globe have contributed to the country’s status among industrialized nations as an ideal base for export operations. Free Trade In the 1990s, Mexico signed the North American Free Trade Agreement, and became one of only two countries in the world to have […]
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Large shipping line urges upgrade of Mexican transport infrastructure
Mexican transport infrastructure improvements will reduce overall supply chain costs. Maersk Line, a large, globally prominent maritime shipping line has asked that the government continue its efforts to upgrade and further develop Mexican transport infrastructure. Maersk officials assert that doing so will eliminate bottle necks that are impeding the optimal movement of cargo, as well as […]
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Why nearshoring to Mexico decreases costs
When it comes to outsourcing, the cost of doing business can be greatly diminished by choosing the nearshoring to Mexico option. Offshoring Twenty or thirty years ago, successful manufacturers understood that offshoring production to China or other far flung Pacific Rim countries made economic and competitive sense, because production costs overseas were so low that […]
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Mexican workforce health is a priority of the Tecma Group of Companies
Each year Tecma offers a battery of tests and preventive care services to the Mexican workforce that it so highly values. At the beginning of 2015, the Tecma Group of Companies was recognized by a Great Place to Work™ International’s organization as being one of the top 100 Mexican companies by which to be employed. […]
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Mexican manufacturing sector receives bulk of country’s foreign direct investment
While FDI flowed significantly into several areas of the economy, the Mexican manufacturing sector was the biggest magnet for foreign funds through the first three quarters of 2015. The influx of foreign direct investment into the robust Mexican manufacturing sector totaled approximately US $21.5 billion between January and September of the current calendar year. This amounts […]
