Lego to Expand Operations in Mexico

Article via MexicoToday.org:

The toymaker company, Lego A/S, has been preparing for the expansion of their Mexican factory in Monterrey. The factory opened in 2008 and is famous for its reliance on modern equipment and technology. They have installed more than 500 gravimetric mixing and dosing units and 1,500 Metro Loaders for the innovative Mexican factory.

The appearance of international trade and development by companies like Lego shows that Mexico is increasing their attractiveness on the economic global front.

Mexico Rises 8 Ranks on 2011-2012 Global Competitiveness Report

Mexico beat it's own 2010-2011 ranking of No. 66 in global competitiveness, according to the World Economic Forum’s GCI Report. The 2011-2012 Global Competitiveness Report states that Mexico has “one of the highest improvements in regional rankings.” Mexico’s global competitiveness ranking rose eight spots from last year; Mexico currently holds No. 58 on this list. In addition to making significant improvements in technology and economic policy, Mexico is also emerging as an ideal market for entrepreneurs.

The Future of Mexico as Global Player

Alfredo Gonzalez from the Inter American Development Bank talks about how Mexico will expand in the following years and what sectors are the ones to watch out for.

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