2. Source: Bloomberg Businessweek In 2012, unit labor costs in
china (i.e., wages adjusted for productivity) grew to equal those
in Mexico. By 2015, Mexico will be around 29 percent less
expensive. 3. Jodi Tinson Chrysler media relations 4. Boston
Consulting Group projects that, by 2015 average total manufacturing
costs in Mexico could be 6% less than in China and 20%-30% lower
than in Japan, Germany, Italy, and Belgium. 5. Mexican industrial
clusters, chiefly automotive and aerospace, are growing. Mexico has
developed highly specialized, national expertise in certain
industries, making it even more attractive as an expansion point
for companies. 6. Guido Vildozo Auto Analyst at researcher IHS 7.
Source: Bloomberg Businessweek Mexico is a major auto manufacturer.
89 of the worlds top 100 auto parts makers have production in the
country. The companies are concentrated in five Central Mexico
states, reducing transportation costs. 8. Lutz Bertling Eurocopter
President/CEO Who opened a $ 100 million, 130.000-sq.-ft. factory
in Queretaro in February 2013 9. Appliance manufacturing is one of
the industries predicted to see significant production gains in
Mexico in the near future. Other industries include transportation
goods, computers and electronics, and machinery. Boston Consulting
Group 10. Jeff Liker Professor of Engineering, University of
Michigan
