Articles Tagged with ''Mexico manufacturing''

WASHINGTON—In another sign that America is becoming more competitive in manufacturing, the United States is now equal to Mexico in “attractiveness” as a source for manufacturing operations and is on track to achieve cost parity with manufactured imports from China by 2015. That’s according to new research released by AlixPartners.

QUERETARO, Mexico—Mitsubishi Electric is planning to build a $33 million assembly plant here to make starters, alternators and other auto parts.

MEXICO CITY—A decade ago, wages in Mexico were six times higher than in China. In 2011, they are only 40 percent higher. That, along with other factors, is spurring a growing number of manufacturers to move production from China to Mexico.

VAN NUYS, CA—Superior Industries International Inc., a manufacturer of aluminum wheels, is building a $135 million assembly plant in Mexico.

SILAO, Mexico—Volkswagen has opened a new engine assembly plant here. The plant will have a maximum annual capacity of 330,000 engines.

MEXICO CITY—In an aggressive bid to move beyond low-wage factory jobs and toward an entrepreneurial economy, Mexico is producing graduates in engineering and technology at rates that challenge its international rivals, including its No. 1 trade partner, the United States.

MEXICO CITY—Automotive supplier GKN is planning to spend $100 million in Mexico over the next three years to expand driveshaft manufacturing.