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Mexico Investment opportunities Special Report

Investing in Mexico - Special Report Beamonte Investments

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  • 1. Special Report!MexicoInvestment opportunities

2. Aerospace Industry in MexicoAerospacecompaniesarestreamingtoMexico,drawnbylowerwages, enthusias9cgovernmentpromo9on,anewsafetyagreementwiththe UnitedStatesandanincreasinglysophis9catedworkforce.Mexico'saerospacerelatedexportshavemorethantripledsince2004,from $146.2 million to $683.2 million last year, and exports areaccelera9ng quickly as manufacturers move into big9cket items liketailsandfuselages.OneaircraLmaker,Canada'sBombardierInc.,saysithopestoeventuallyassemblecompletejetsinMexico.AtBombardier,newassemblyworkersearn6,000pesosamonth,orabout$560,accordingtoplantmanagerMichaelMcAdoo.That'sabout$3.50anhour. Engineers can earn $925 to $1,390 a month, according to aBombardier job ad. That's $5.80 to $8.70 an hour.The lower costs havetranslatedintoa30percentsavings onpartsmadehere,evenaLertheaddedtransporta9oncosts,Gervaissaid. 3. Aerospace Facts Aernnova, a Spanish rm that makes wings, tails and other sec9ons forBoeing, Airbus, Embraer and others. It is building an $84 million plant inQuertaro. CessnaAircraLCo.andHawkerBeechcraLCorp.,bothmakersofbusinessjets,whichhavebothmovedsubassemblyworkfromtheirWichitaplantstonewfactoriesinthenortherncityofChihuahuasince2006. MD Helicopters, based in Mesa, which began making fuselages nearMonterreyin2006. GoodrichCorp.,whichsbuildinga350,000squarefootfactoryinMexicalito make engine nacelles for the Boeing 787 Dreamliner. The Charlo]e,N.C.,companymakesaircraLinteriorsandenginepartsinArizona. 4. U.S. MEXICO TRADEU.S.TradeBalancewithMexico(Millions2009U.S.TopTradingPartners(Goods,%ofTotal 18.0% 200,000ofUSD)16.4%Trade) 151,220133,722135,918 128,99816.0% 150,000120,24814.0% 100,00014.0% 11.7%50,00012.0% 0 10.0% 20052006 20072008 200950,0008.0% 5.6% 100,0006.0% 4.4% 3.6% 150,0004.0% 2.3% 1.9%170,1091.8%1.8%1.5%1.5%1.4% 200,000 176,5372.0%198,253 210,714 215,942 250,0000.0%ExportsImportsBalanceCanada China MexicoJapanGermanyUnitedKingdomFranceNetherlandsTaiwan BrazilItaly Singapore SOURCE:U.S.CensusBureau,ForeignTradeDivision,DataDissemina