|Are you interested in learning about what Michigan-made products, services and technologies are in strong demand south of the border? Or would you like to hear why "Made in China" is giving way to "Hecho en México"? Join Automation Alley for a conference on Doing Business in Mexico.
The conference will include case studies by local companies with operations in Mexico who will provide cultural information and give insight into the opportunities and challenges of doing business in Mexico. Other speakers will include international business experts from the Consulate General of Mexico, Mexico's Ministry of Economy and the U.S. Department of Commerce.
Doing Business in Mexico is a must-attend event for companies looking to expand their markets overseas and, as a next step, also learn about Automation Alley's trade mission to Mexico this spring.
- Mexico is Latin America's fastest-growing economy today, surpassing Brazil.
- Mexico's most promising industries include automotive, aerospace, healthcare and IT.
- Mexico ranks eighth in the world in automobile production, and 57 percent of their medical devices are imported from the U.S., according to the U.S. Department of Commerce.
- Mexico is also the second-largest trade partner to the U.S., with $1 billion in daily cross-border trade, according to the U.S. Department of Commerce.
- Mexico has reasserted its role as the world's leading manufacturing workshop, thanks in large part to extremely competitive wages, a weak peso, excellent product quality, lower transportation costs and sophisticated, multi-industry supply chain networks.
- Other competitive advantages include free trade agreements with 44 countries (including NAFTA) spanning three continents, which offer U.S. companies preferential access to other growing markets around the world.