Viva La Manufacturing in Mexico

Posted on July 7th, 2017
Mexican Manufacturing

Manufacturing has been an important part of the development of Mexico’s economy. Mexico is now a supplier of services and products that are mainly exported to the United States and Canada. The industry sector in Mexico represents the 33.1% of the country’s Gross Domestic Product, according to the CIA. At present, the implementation of manufacturing 4.0 is still at a basic level. However, many global and multi-national companies currently have their production plants there which will bring in the needed investment to the Mexican manufacturing industry. Technology Mexico is a very active consumer of technology products, with trends indicating an increase in sales of items such as computers, tablets, smartphones and other gadgets. When Samsung decided to make an investment of $300 million to expand their operations in Mexico, the country obtained an advantageous position in global technology. This was…

The Import & Export Balance of Manufacturing in Peru Needs Assistance

Posted on June 29th, 2017
Peru Manufacturing

Peru, located in the western part of South America, borders the Amazon Rainforest which provides an abundance of natural resources. Let’s look at what makes the manufacturing scene of Peru unique as they tend to import more than they export which creates an unbalance in their economy. Manufacturing Recovery Peru projects recovery after years of declining manufacturing. Economists expect that the manufacturing sector will expand up to 2.5% this year. Fishing and mining boosted the positive result in the first quarter highlights. The positive result achieved by manufacturing production also increased in the first quarter of 2017, when it grew 1.70% according to Industry and Mype deputy minister Juan Carlos Mathews. In this period Peru’s exports grew 16.4%, higher than those registered by Paraguay (8%), Ecuador (4.7%) and Brazil (3.3%). The industry began to show signs of recovery in November…