Posts by Toby Spoon
Toy Movement 2019
The Tecma Group of Companies continues bringing joy to children. January, 2020 This January, once again, the donation of toys by Spin Master and Tecma to schools in Ciudad Juarez, Chihuahua and Silao, Guanajuato took place. In addition, Sarah Farms, a local dairy distributor, provided milk and breakfast with each of the more than 800 toys […]
Four Mexican Manufacturing Trends in 2019
Among the major Mexican manufacturing trends in 2019 are 3D printing and the “remanufacturing” of products. In the context of Industry 4.0 (the fourth industrial revolution), due to new technology and production processes experts, have recognized four trends that will influence Mexican and global manufacturing. They are outlined below: Additive manufacturing: This trend in Mexican […]
Doing business in Mexico: Take the time to learn the culture
A knowledge of the culture plays a very important role for individuals and organizations that are seeking to embark upon a business endeavor in Mexico. When initiating commercial relationships, it is important to be familiarized with a series of important protocols. Acknowledging hierarchies is important when doing business in Mexico Most Mexican families are extremely […]
Lopez Obrador seeks to strengthen the Mexican trade relationship with China
The deepening of the Mexican trade relationship with China will result in significant economic gains for each country One of the main promises that president-elect Andre Manuel Lopez Obrador made during the campaign for his country’s highest office was to diversify the breadth and scope of Mexico’s economic partnerships. In practice, this clearly means that […]
Global Toy Movement Arrives in Juarez, Mexico
TECMA AND SPIN MASTER DELIVERED MORE THAN 1,500 TOYS TO CHILDREN IN CIUDAD JUÁREZ Tecma brings Global Toy Movement Initiative to children in Mexico for a 4th consecutive year. (EL PASO, TX) – Spin Master Corp.’s partnering with Tecma (TSX:TOY); www.spinmaster.com global initiative, The Toy Movement, continued its mission of ensuring that children all over the world have […]
NAFTA Renegotiation Talks Speed Up
The US, Mexico, and Canada are taking efforts to make sure that the NAFTA renegotiation talks proceed at an accelerated pace. This is because the three partners to the meetings are all attempting to conclude treaty negotiations prior to Mexico’s July 1st elections. Notimex, a Mexican news outlet has recently reported that an agreement may […]
The Protection of Intellectual Property in Mexico
The protection of intellectual property in Mexico encompasses five different items. They are: The Patent – Any person that creates an invention, an industrial design or the model of an invention has the right to exploit it. The only way to guarantee their exclusive use, however, is to obtain a patent. Patents that protect intellectual property […]
Mexico Shelter Company in the Bajio
There are several reasons that foreign companies choose to set up manufacturing operations through a Mexico shelter company in the Bajio. In a world of specialization, it makes more sense for smaller manufacturing operations to focus on what they do best, produce product, instead of investing in industrial buildings, international attorneys’ fees services, accountants and […]
Maquiladoras in Mexico Move Towards Advanced Manufacturing
Skilled Human Resources are Critical to the Growth of Maquiladoras in Mexico. In the last thirty years, Mexico has been transformed from what was a mostly closed and government-controlled economy to one that today is among the world’s most open and export driven. Over this period of time, the maquiladoras in Mexico have greatly contributed […]
NAFTA Renegotiations – Round Two Underway
NAFTA Renegotiations – Round Two Underway The next round of NAFTA renegotiations is underway in Mexico, and will conclude September 5 before heading to Canada for round 3. A sampling of some of the views of this latest phase: Fraser Institute: Possible Scenarios and their Implications for Canada For the Canadian government, a number of negotiating objectives pose […]
Moving companies to Mexico: Main Benefits
Why you should consider moving production company to Mexico As U.S. and Canadian Manufacturing companies felt the sting of comparable products being marketed at a fraction of the pricing required for their very existence they recognized the need to produce products at substantially less cost. This began the migration of manufacturing companies to countries where […]
NAFTA in Motion – Industry Expert Provides Insight to NAFTA Issue
NAFTA in Motion Alan Russell, Chairman and CEO of the Tecma Group of Companies, specializing in providing manufacturing shelter services in Mexico, was asked to speak at the February 23, 2017 MexicoNow event in El Paso, Texas. Alan’s chosen subject was NAFTA in Motion. His speech included a frank discussion about NAFTA negotiations and the […]
Wilbur Ross – Make Mexico Great Again
Make Mexico Great Again In an interview last Friday, US Secretary of Commerce, Wilbur Ross, spoke on positive considerations for Mexico in the looming NAFTA renegotiation that resulted in a Mexican peso surge. It appears that Ross is discussing the possibility of asking Mexico to consider raising its minimum wage. The Mexican minimum wage is […]
NAFTA Negotiations Affected by Mexico’s 2018 Presidential Election
NAFTA Negotiations Will Be Affected By Mexico’s Presidential Election NAFTA negotiations are expected to begin in the months of May or June, 2017 and are bringing high levels of interest from companies manufacturing in Mexico. As we review the next Mexico presidential election, parties and candidates we find mixed levels of support for willingness to […]
Aerospace Engineering in Mexico Advances
Aerospace Engineering in Mexico Advances with the recent AIAA award being granted to UABC Aerospace Engineering. We just received this announcement about aerospace engineering in Mexico advances by the AIAA Student Branch Charter being granted to UABC Aerospace Engineering. To all the aerospace community in Mexico and abroad The prestigious American Institute of Aeronautics and […]
China-Mexico Relations are Creating Mutual Opportunities
China-Mexico Relations are Growing With all of the talk in the US of the incoming administration disrupting international trade, two countries on different sides of the planet are strengthening their economic ties. China-Mexico relations have been friendly for many years, and some would even call the relationship a kind of alliance in the making. But […]
NAFTA Questions and Controversy Stir Political Forces
NAFTA Questions and Controversy The US recently elected Donald Trump as the next president in a surprising upset, resulting in a flurry of questions surrounding his policies and campaign rhetoric. In particular, many are asking if the US president has the authority to withdraw from NAFTA. Trump has for some time promised to renegotiate or […]
Regionalism Makes Mexico Part of Global Manufacturing Hub
In an increasingly interdependent and regionally minded world economy, Mexico’s manufacturing growth coupled with the rise of an increasingly educated and innovative US workforce, is propelling the region to prominence as a global manufacturing hub. Mexican Manufacturing Since the signing of the North American Free Trade Agreement (NAFTA), the US and Mexico have been joined […]
Why Is China Manufacturing Moving to Mexico?
More and more Chinese companies are joining in the global trend of moving manufacturing operations to Mexico or expanding existing production facilities there. This article will answer the question of “Why is China manufacturing moving to Mexico?” China Manufacturing Moving to Mexico is a Unique International Partnership There is certainly a trend taking shape for […]
Asian Manufacturing is Moving to Mexico
Asian Manufacturing is Moving to Mexico. Mexico provides many advantages for manufacturing for export, and companies around the world are picking up on this trend. But surprisingly, many of these firms are from Asian nations which were considered choice export-manufacturing destinations in previous years. The Shift From Asia to Mexico While China and other Asian countries […]