Aerospace Manufacturing in Mexico: Introduction

Via The Offshore Group:
Aerospace manufacturing in Mexico has made great strides over the course of the last decade. Developing a domestic industry is one of the national government’s highest economic priorities. While in 2004, aerospace companies operating in Mexico exported a total of $146 million worth of products, the number had risen to $3.5 billion in 2010. Aerospace manufacturing in Mexico takes place in a total of sixteen Mexican states. The industry, however, is concentrated in five major clusters that are located in the following geographical areas: Sonora Baja California Chihuahua Nuevo Leon Queretaro While each area has its specialties, the Sonora aerospace cluster is rapidly becoming a center for precision aerospace machining in Mexico. Aerospace Manufacturing in Mexico today consists of 232 companies that employ an approximate 29,000 workers. In terms of activity, these companies breakdown in the following way: Manufacturing: 79% MRO: 11% Design and Engineering: 10% Estimates are that aerospace manufacturing in Mexico will grow up t0 20 percent per annum through 2016. It is projected that the Mexican aerospace industry will, at that time, consist of approximately 350 companies and will employ a total of 37,000 workers. Recent research has shown companies that are manufacturing in Mexico save between 28% – 34% of the cost of doing so in other higher cost countries. Click here for more information.