According to La Cámara Nacional el Hierro y el Acero (Canacero) Mexico ranked 15th as a world producer of crude steel in 2021 and generated 672,000 direct and indirect jobs, with an investment of $14,461 mdd in the last 10 years, that is, from 2012 to 2021.
A total of 18.5 million tons of crude steel were produced in 2021, a figure that represented a reduction of -8.3% compared to the record…
Despite the crisis generated by the COVID-19 pandemic, the shortage of components and microprocessors for vehicle production, Mexico continues to offer competitive advantages compared to other countries, in addition to being one of the main manufacturing hubs worldwide, said Francisco Bautista, Ernst & Young (EY) Latin America North Advanced Manufacturing and Mobility Lead Partner.
During…
At the end of 2021, Mexico was positioned as the fourth largest auto parts manufacturer in the world, according to information from the National Auto Parts Industry (INA). Our country invoiced more than 94 million dollars in parts.
Fourth largest auto parts manufacturer worldwide during 2021, according to the National Auto Parts Industry (INA). During this period, Mexico invoiced 94.778 billion…
Mexico reached a record share of the U.S. automotive import market in 2021, according to data from the Department of Commerce (DOC).
Mexico's automotive exports to its northern neighbor totaled 128.622 billion dollars in 2021, an increase of 13.9% at an annual rate.
The United States represents the largest automotive import market in the world and Mexico and Canada are among its main suppliers…
Traditionally, machines for the packaging industry have been hydraulic. However, industrialists have realized that migrating to the use of electric machinery brings benefits in terms of lower energy consumption, maintenance and increased production.
"Having recent generation machines increases production capacity because the previous machines were slower and were in maintenance for longer…