Posts by Alan Russell
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 […]
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 […]
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 […]
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 […]
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. […] […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
Mexico supplier base development is prerequisite to the successful initiation of manufacturing operations
In order to have the ability to function and to manufacture a competitive product in Mexico, it is of primary importance that the groundwork has been laid to provide for the successful formation of a Mexico supplier base. Below is a list of twenty actions that should be taken to ensure success in such efforts […]
A Mexican-Israeli Economic Partnership?
Although geographically distant from one another, prospects for a growing Mexican-Israeli economic partnership are positive. Mexico continues to impress the world with its infrastructure overhaul, legislative economic reforms, and stable and steadily diversifying economy. A decade ago, Mexico and Israel had little in common in economic terms and capabilities – yet today, some are suggesting […]
The Tijuana industrial real-estate market from A to Z with Jean Paul de Kervor
The Tijuana industrial real-estate market is one of the most active in Mexico.
Tecma Group of Companies: Hello and welcome to another installation of Tecma Talk podcasts. If you are a regular listener to these recordings, you know that they are centered upon issues that have to do with manufacturing in Mexico, or manufacturing in […]
The Tijuana industrial real-estate market from A to Z with Jean Paul de Kervor [ 18:59 ] Play Now | Play in Popup | Download (799)Mexican high value manufacturing has increased over the years
Once the site of simple production, Mexican high value manufacturing has become commonplace and widespread throughout the nation. When The North American Free Trade Agreement (NAFTA) was first implemented over twenty years ago, Mexico was seen almost exclusively as the home of low-value assembly operations, and globally competitive labor rates for export manufacturing. This has […]
Spin Master and the Tecma Group partner to get a head start on spreading holiday cheer
Canadian and US based companies Spin Master and the Tecma Group get together to kick off the holiday season. Spin Master, a Toronto-based company that engages in designing, developing, manufacturing, distributing, and marketing of consumer products for children worldwide, and the Tecma Group, a provider of manufacturing support, or “shelter,” services recently teamed up for the […]
Tecma Talks to customs broker, Joe Alcantar, about the new US Customs Automated Commercial Environment
The Automated Commercial Environment (ACE) replaces a the Automated Commercial System (ACS), which has been in place since the late 1980s
Tecma Group of Companies: Hello, and welcome to another installation of Tecma Talk podcasts. If you are a frequent listener to these recordings, you know that they consist of discussions between Tecma and […] Talk Tecma talks to Joe Alcantar about the new Customs' Automated Commercial Environment [ 14:51 ] Play Now | Play in Popup | Download (695)The TPP represents an opportunity to diversify Mexican export markets
The diversification of Mexican export markets can represent an economic insurance policy against ups and downs registered by dominant and traditional trading partners. It is a quantitatively demonstrable fact that the United States is, by far, Mexico’s largest trading partner. In a recent article published on the website Entorno Inteligente, Carlos Serrano, the chief economist for […]
Trans Pacific Partnership trade deal outcomes
Mexican edition Forbes Magazine commentators see Trans Pacific Partnership trade deal as a win for the US. Now that negotiations connected to the execution of the Trans Pacific Partnership trade deal have concluded, a diversity of commentators and analysts are actively speculating what the practical implications of the accord will be if, and when, the national […]