Direct Foreign Investment in Mexico Expected to Grow Exponentially

Mexico may receive up to $20 billion in foreign direct investment this year, an increase of 11 percent over last year. The automotive industry is a key place for foreign investment in Mexico. Volkswagen AG, Nissan Motor Co., Mazda Motor Co. and General Motors Co. have all invested over $400 million each in the country. The ever-growing automotive industry and increased foreign investment in Mexico are due to a wide variety of factors. Financial analysts suggest the incentives for investment in the country include Mexico’s fixed production costs – which are 25 percent lower than in the United States, a growing number of engineers in the workforce, and free trade agreements between Mexico and other nations.

Warren Buffet's $5 Billion Investment in Bank of America

Take a look at this interesting video in which the debate on what effects Warren Buffet's $5 billion investment in Bank of America could have continues.

Mexican Stock Exchange: IPC Index Up

This morning the IPC index is still in the green at 0.606% or a value of 33,337.660 MXN. Check out the interactive stock chart (pictured above) here.

IMF Says Mexico has overcome Global Economic Crisis

I always talk about how the Mexican economy has come back quite quickly from the global economic recession. It turns out that while many countries are still struggling with the greatest financial crisis since The Great Depression, the International Monetary Fund (IMF) has proclaimed that Mexico's economy has overcome the global economic crisis and returned to pre-crisis levels, stating that, "inflation has remained benign." At the end of a meeting with Mexican officials, the IMF stated that "After a sharp contraction in 2009, growth in Mexico picked up strongly in 2010, reaching 5.4 percent. Robust growth has brought output back to pre-crisis levels, with manufacturing exports leading the recovery and the rebound in domestic demand helping sustain the momentum." Good news for Mexico and the U.S. Click here to find out why.

Dickten Masch to Invest in Mexico

Via JSOnline: Nashotah-based manufacturer Dickten Masch Plastics LLC said Monday it has acquired a plastics plant in Monterrey, Mexico. Dickten Masch bought the 105,000-square-foot factory from United Plastics Group Inc., of Oak Brook, Ill., for an undisclosed price. Dickten Masch will retain the plant's 112 employees and continue producing parts for its customers, which include automotive, electrical and power-tool manufacturers. The acquisition places the Nashotah company closer to its customers who operate in Mexico, said Doreen Lettau, vice president for market and business development. There will be no cutbacks at Dickten Masch's factories in Nashotah and Ankeny, Iowa, Lettau said. Those plants currently employ about 400 people, including 270 in Nashotah. Dickten Masch uses processes such as injection molding to produce plastic parts for medical devices, agricultural equipment and autos. The firm also stamps out most of the dipsticks used by carmakers in the U.S.

Honda to Invest 800$ Million in Mexico

The Wall Street Journal - Honda Motor Co. will build an $800 million plant near Celaya, Guanajuato, to make subcompact cars for the North American market. The plant is scheduled to open in 2014 and employ 3,200 workers.

New Data: Less Unemployment and More Payrolls

The Labor Department said today that the U.S. economy has added more jobs than expected in July and the unemployment rate is down slightly, data that should help ease spreading concerns that a new recession may be around the corner. Nonfarm payrolls rose by 117,000 in June as private-sector employers added 154,000 jobs. Payroll data for the previous two months were revised up by a total 56,000 to show increases of 46,000 jobs in June and 53,000 in May. Source: WSJ.com

Mexico is No. 1 Country for Investment in Aeronautics Industry

The international aeronautics industry considers Mexico a site increasingly attractive for their investments, due to available engineers, low labor costs and its proximity to the United States, The Wall Street Journal published recently. The aeronautics sector in Mexico has grown 20% in the last five years, after attracting investments from companies such as Bombardier, General Electric and Textron, on top of major airplane manufacturers Boeing and Airbus, according to WSJ. See the numbers on foreign investment in Mexico for the aeronautics sector in 2010.

Mexico's Cotton Plantations to Practically Double by 2016

"Mexico plans to increase the planted area of cotton by 71 percent to 300,000 hectares (741,000 acres) by 2016, the Agriculture Ministry said today."

Mexico Becoming a New Manufacturing World Hub in the Aerospace Market

This Reuters article, published today, reports that Mexico is becoming a New Manufacturing World Hub in the Aerospace Industry. Did you know?... "Mexico has the second largest fleet of private aircraft in the world after the United States, is the tenth largest supplier to the United States market, and has become one of the largest recipients of aerospace foreign direct investments over the past two years."

Why are companies investing so heavily in Mexico's capabilities as an Aerospace Industry Leader? Quality of Work, Strong Engineering Skills, Cost Efficiencies, Safety and Security, and Visionary Mexican Framework are amongst the most commonly heard reasons for constant foreign direct investment in Mexico's bulletproof economy.

Unilever's New Focus on Sustainability

The much-criticized Unilever has started to embrace sustainability. Watch this video for more news on Unilever's approach to world production. How do you think this could affect Unilever's stock and sales?