Skip to main content

Mexico, leading recipient of FDI in aerospace

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 million dollars, there are $21,000 million dollars for the aerospace industry in Mexico", said the Director of the Mexican Federation of the Aerospace Industry (Femia), Carlos Bello after highlighting

New NOM?s for spare parts to be created

The auto parts industry is working hand in hand with the Ministry of Economy (SE) to create Mexican Official Standards (NOM) to standardize the quality of automotive parts . "Very few spare parts in Mexico have a NOM, so we are practically starting from scratch," said Oscar Albin, president of the National Auto Parts Industry (INA). The objective is for the new standards to distinguish between a good quality original product and piracy, so that spare parts that do not meet minimum quality standards cannot be marketed in the country, said the industry leader. The absence of NOM's in the spare

Canacintra seeks to boost the metal-mechanical sector

MEXICO CITY - The metal-mechanic industry includes everything from screw manufacturers to equipment producers, and the National Chamber of the Transformation Industry (Canacintra) is seeking to boost this sector through certifications, greater linkage and technification of production plants, explained Pablo Alberto Briseño Alonso, liaison president of the metal-mechanic branch of the business organization. The metal-mechanic industry is made up of 18 branches and the lack of an industrial policy aimed at promoting this sector has limited the growth of some of them. For example, according to