MEXICO CITY (August 7, 2013) - Above China and India, Mexico is placed as the number one country in attracting Foreign Direct Investment (FDI) in the aerospace industry, which contributes 10% of manufacturing GDP. "It is not the automotive industry, it is the aerospace industry, we attract 1,300 million dollars (mdd) approximately every year. There were $15,000 million dollars and more $6,000…

In his inaugural speech at the Plastimagen Mexico 2013 industrial fair, held in Mexico City last March, the president of Anipac, engineer José Anselmo del Cueto, highlighted the role of plastics in the automotive industry. According to the executive, in this niche, the progressive replacement of traditional materials with plastic implies great fuel savings, greater comfort, lower cost and greater…

He assured that although "not all Mexican plastic companies will be able to immediately access the automotive supply market, the benefit will be gradual". Last year alone the demand for auto parts of this material increased, so the market reported a growth level of about 10% compared to 2011, coupled with the fact that Mexican manufacturing plants offer better quality products worldwide with…