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Make it in Mexico - Rutanamex

Name: Make it in Mexico - Rutanamex
Address: Prol. Paseo Montejo, Mérida, 97204, MX
Telephone: +529842783752

Casa
Mexico
Mérida
Make it in Mexico - Rutanamex

Global Supply Chain Disrupter I USMCA-NAFTA 🇺🇸🇲🇽🇨🇦 Consultant I Manufacturing I Sourcing I Data Call for more information. Thank You

Hello friend,

I’m Jeff CEO of Rutanamex, a Mexican-based consultancy group focused on small to medium sized companies, seeking to enter the Mexican ecosphere of manufacturing, sourcing, and logistics. China’s manufacturing ecosystem is in trouble, and alternative options are what I develop for those who see, when a government turns itself into a dictatorship run by one man, that it’s time to cre

ate more options. absolute power - absolutely corrupts : Xi’s un-checked authoritarianism puts global supply chain stability at risk of failure. Mexico is in the midst of its greatest industrialization period in its history, creating opportunities, protections, and stabilities never seen before, proving democracy works, and is working for the people, country, and world-partners. Intelligent and strategic uses of the USMCA-NAFTA are at the core of my work, providing information on options, benefits, risk, and rewards of creating business models and supply chains, into and out-of Mexico. The highest value-add economy in the world, Mexico, when you compare the cost of the inputs versus the value of the outputs, and so I would expect Mexico to be one of the three fastest growing economies in the world for the next 30 or 40 years. Mexicans on average are more skilled than Chinese laborers, and they're one-third the cost, so there are very few economic manufacturing sectors, where the Mexicans are not already the low-cost high quality producer compared to China. We’ve also got a workforce that is larger and better skilled, and with a better industrial plant infrastructure than the entirety of Central Europe, already. In North America, we have two labor markets, we've got the US and Canada which are broadly the same high-tech, and then we've got Mexico, which does middle manufacturing extremely well, with 30+ years in it, already. With the Chinese system breaking down, and the Mexican system preparing to hit its stride, major shifts will continue while the geo-economic re-configuring continues changing our world. Mexico has the seventeenth largest oil reserves in the world, and it is the fourth largest oil producer in the Western Hemisphere behind the United States, Canada and Venezuela. The 2008 shale gas revolution means the US, Canada and Mexico will never again be dependent on the Middle East, Russia, Venezuela, or anywhere else outside of the North American Western Hemisphere, we all share. Piped gases directly from the shale fields into Mexico will offer the cheapest, cleanest, greenest, and most cost-effective energy in the world, no better way to get it. Unfortunately, all others will have to pay for liquifying the gas for transport and then de-liquifying frozen LP back into a usable gas before using it, costly and laborious. Germany built the 4th largest economy in the world with cheap abundant Russian piped gas which now has vanished forever, and its blasted a massive hole into the beating-heart of their manufacturing sector. Mexico’s energy grid on the other hand, easily for the next 30+ years makes it one of the most productive, competitive and geo-strategically located places in the world, with all that cheap and abundant energy ready to feed all those new factories, yet to be built.

30/11/2023

https://www.rubbernews.com/expansion/beaver-manufacturing-expanding-mexico-operations

To better position itself to sever the Americas, as well as prepare for growth, Beaver Manufacturing Co. is expanding operations in Mexico.

17/07/2023

López Obrador announces alliance between Mexico Pacific and CFE for gas pipeline

An alliance between Mexico Pacific and the CFE has been made for the construction of a gas pipeline. On Saturday, President Andrés Manuel López Obrador witnessed the consolidation of the strategic alliance between the company Mexico Pacific Limited and the Federal Electricity Commission (CFE) for the construction of a gas pipeline.

The alliance will also include a liquefaction plant in Puerto Libertad, Sonora.

In a statement, López Obrador explained that the project contemplates an investment of $13 billion USD in addition to the creation of 13,000 direct jobs and 20,000 indirect.

He reported that the strategic alliance between both energy companies provides numerous benefits for the state including around $25 billion USD in income for the CFE.

The liquefaction plant in Puerto Libertad will be called Saguaro Energía LNG. It will have the capacity to produce and export, from the Mexican Pacific coast to the Asian market, liquefied natural gas equivalent to 2 billion cubic feet of natural gas in 445 hectares.

It will be able to supply one in five LNG ships imported by China or Japan or more than 60 percent of imports from Taiwan or India, López Obrador explained.

The route of the gas pipeline considers a length of more than 800 kilometers in national territory and will pass through more than six municipalities in Chihuahua and ten municipalities in Sonora.

This location represents an advantage over similar projects on the east coast of America since the ships will require eleven fewer days to reach Asia, which means lower costs and emissions.

The CFE has the possibility of transforming the profits from the sale of gas into ownership of the assets. If this contractual option grows, the CFE could have a 4 percent stake in five years, in ten years, 8 percent, and 15 percent in 15 years.

The Federal Electricity Commission will not acquire debt nor will it absorb all the costs. It will provide 40 percent of the natural gas that the plant will need in exports.

Through its subsidiary CFE International, it will sell 800 billion thermal units per day in the United States for 20 years.

On the other hand, Mexico Pacific Limited acquired social responsibility commitments in the 16 municipalities through which the gas pipeline will pass. The social investment will be based on the needs of the communities, after consultation, as established by the Hydrocarbons Law, he explained.

To date, the company has donated land, one to the Secretary of the Navy and the other to the Sonora government, that will be used to build a medical clinic, schools, and a baseball field

Puerto Libertad will expand its productive activities from fishing to industry, thereby guaranteeing regional development.

Mexico City, Mexico -- An alliance between Mexico Pacific and the CFE has been made for the construction of a gas pipeline.

09/06/2023

Carmaker Toyota to invest $328 million in Mexico hybrid pickup plant

Japanese carmaker Toyota (7203.T) will invest $328 million more in a plant in the central Mexican state of Guanajuato, it said on Thursday, as it looks to adapt its production processes for a new hybrid model of its Tacoma pickup truck.

"The new version of the 'Mexican pickup' will be hybrid electric, which means Guanajuato will now form part of the company's electrification production strategy," Toyota said in a statement.

The funds will help adapt manufacturing for the new Tacoma model for a North American market, it added.

Toyota has invested close to $1.2 billion in Guanajuato since it announced the plant, it added, saying the factory provides more than 2,500 jobs.

The announcement followed a visit from Guanajuato governor Diego Sinhue to Japan.

Carmakers worldwide are shifting production away from internal-combustion engines to more electric-powered vehicles as they seek to comply with the advent of more stringent emissions rules intended to curb the worsening impacts of climate change.

Although Mexico, a key car manufacturing hub, produces large numbers of electric vehicles, many are exported to countries such as the United States because they remain too costly and impractical for drivers in much of Mexico, which lacks a thorough network of charging stations.

Mexico has about 1,100 charging stations, mostly clustered in large cities, restricting long-distance EV drives. Hybrid vehicles, however, could be a step forward until there is more investment in EVs, according to industry analysts.

In March, Tesla said it would open a "gigafactory" in the northern state of Nuevo Leon, as the electric vehicle behemoth looks to expand its global output.

At last year's COP27 climate summit, Mexico, the Americas' third-biggest greenhouse gas emitter, pledged 50% of its auto sales would be zero-emissions vehicles by 2030 and said it would ramp up its clean energy capacity..

Japanese carmaker Toyota will invest $328 million more in a plant in the central Mexican state of Guanajuato, it said on Thursday, as it looks to adapt its production processes for a new hybrid model of its Tacoma pickup truck.

06/06/2023

Queretaro attracts US$543 million in automotive investments.

During the first five months of the year, eight investment projects for the automotive industry were finalized, representing capital for US$543 million, said the Secretary of Sustainable Development (Sedesu), Marco Antonio Del Prete Tercero.

These investments will generate an additional demand of 2,815 jobs for the state, which will be added to the labor base that within the automotive industry is mainly employed in the production of auto parts.

“So far this year we have worked on attracting productive investment projects and specifically in the automotive sector, we have materialized eight out of 24 projects, which will generate 2,815 jobs,” he exposed.

The automotive investments achieved in 2023 are equivalent to 53.3% of the 15 projects that were finalized in 2022 for this industry, according to Sedesu’s annual report.

In this sense, the state secretary highlighted that the auto parts sector is the main component of Foreign Direct Investment for the manufacturing of transportation equipment.

From 1999 to 2022, the manufacturing of transportation equipment has attracted foreign investments for US$3.8 billion, 19% of the total state investment.

During the first five months of the year, eight investment projects for the automotive industry were finalized, representing capital

06/06/2023

https://www.bloomberg.com/opinion/articles/2023-06-06/mexico-s-business-class-is-doing-fine-under-amlo

The fat bottom lines of some of the country’s biggest companies suggest you can ignore the howls set off by President Andres Manuel López Obrador’s recent takeover of a billionaire’s railway concession.

03/06/2023

New car sales in Mexico up 12.6% annually in May

Nissan was a top-selling brand in May, enjoying an 18.3% market share. (Nissan Mexicana). During May, 102,697 new light vehicles were sold in Mexico, according to trade associations, representing a 5.2% increase from April, and a 12.6% increase from the same month last year.

It was the first May to show an increase since pre-pandemic sales, surpassing the 102,422 units sold in May 2019.

From January through May, 515,433 new cars were sold, representing a 20.4% increase from the same period last year. The figures suggest that 2023 car sales could come close to the 1.3 million units sold in Mexico in 2019, indicating the automotive industry is finally recovering from the global supply chain issues caused by the COVID-19 pandemic.

Mexico saw 1.08 million new car sales in 2022 – a 7% improvement on 2021, but still 17.6% behind pre-pandemic figures.

May’s figures, reported on Friday by the Mexican Association of Automotive Distributors (AMDA) and the Mexican Association of the Automotive Industry (AMIA), showed Nissan was the top-selling brand, with 18.3% of total sales. The Japanese automaker sold 20,045 cars in May, representing a year-on-year growth of 42.2%.

The next most popular brands were GM (with 13.1% market share), Volkswagen Group (with 11.1%), then Stellantis, Kia and Toyota (with 7.5% each).

A big winner in May, Mazda saw sales growth of 178.1% from the previous year, and Stellantis also saw a 36.6% increase. In contrast, Toyota saw a dip in sales of 18.3%, and Suzuki by 19.7%.

The automotive manufacturing industry is one of the pillars of Mexico’s economy, representing around 3.5% of GDP. Besides selling to the domestic market, the country became the leading exporter of vehicles to the United States last year, reaching US $34.9 billion in sales.

Sales of new cars last month surpassed the numbers recorded in May 2019, demonstrating the industry's recovery from the pandemic slump.

02/06/2023

Mexico Overtakes China As America's Leading Manufacturing Exporter - Nation World News

Mexico led manufacturing exports to the United States in the first quarter of 2023 with shipments of $101.168 million, according to Commerce Department data.

With this, it surpassed China, which has been the number one exporter of manufacturers to the US market year after year since 2005.

China shipped to the United States for a value of $98.812 million from last January to March, and was then followed by Canada, the third supplier, with $66.520 million.

On a trend, compared to four years ago, Mexico increased sales to its northern neighbor by nearly $100 billion, while China’s sales to the same destination remained virtually unchanged.

Thus, from 2018 to 2022, Mexican exports fell from 304,000 to 402,000 million dollars and those belonging to China fell from 528,000 to 525,000 million.

However, at this juncture, there is one dimension: China faced production and logistics problems in the first quarter of the current year resulting from the COVID-19 pandemic.

In stages of this classification, Mexico displaced Japan from third place in 2004 and Canada from second place in 2012.

Basically, Mexico will remain the second supplier of products to the US market through 2023, but will close the gap with China.

To the United States, the main products Mexico exports are computers, cars, auto parts, and vehicles for transporting people, while the largest shipments from China include telephones, computers, tricycles, wheeled toys, scooters, and auto parts. Are.

From the perspective of investment fund Cook & Barnum Funds Trust, Russia’s invasion of Ukraine and rising tensions between China and the United States highlight the vulnerability of manufacturing assets in hostile countries.

Additionally, chaos in the global shipping market has created a preference for proximity to end markets.

At the same time, the treaty between Mexico, the United States and Canada (T-MEC) favors Mexican production when the end market is the United States or Canada compared to other countries with lower wages, and Mexican wages are now comparable to those of their counterparts. is comparatively less. Sugar.

These factors, among others, strengthen Mexico’s position as the world’s largest economy and a preferred manufacturing center for sales to the consumer market.

Tesla recently announced that its next factory would be in Mexico, near Monterrey. Chinese companies are also investing in the construction of industrial parks and factories to take advantage of Mexico’s proximity to the United States and exemption from tariffs.

The Cook & Barnum Funds Trust believes its Mexican investments will benefit from this near-term tailwind in the years to come through increased jobs, disposable income and a stronger currency.

This investment fund has already seen some strength in the Mexican peso. Today, the peso is stronger than any annual average since 2015, making the sales and share prices of companies in Mexico higher for them in US dollars.

Mexico led manufacturing exports to the United States in the first quarter of 2023 with shipments of $101.168 million, according to Commerce Department data.

02/06/2023

North American Leaders’ Summit 2023: The importance of manufacturing in Mexico

On January 9-10, 2023, United States President Joe Biden and Canadian Prime Minister Justin Trudeau met with Mexican President Andrés Manuel López Obrador in Mexico City for the 10th North American Leaders’ Summit or NALS. The Summit, which resumed this year after a 5-year hiatus, provides a forum to discuss the challenges and opportunities facing the three countries and provides a venue for the countries to create a coordinated approach to the development of trade policies that promote competitiveness, innovation, supply chain agility and resilience, and investment.

Economic interdependence and regional integration have made North America more competitive internationally. An increase in reshoring and nearshoring from Asia continues to solidify the region’s place as an economic powerhouse. Since the adoption of the North American Free Trade Agreement in 1994, which was renegotiated as the United States-Mexico-Canada Agreement (USMCA) in 2020, the North American trade bloc has grown to represent a third of global GDP.

During this time, manufacturing in Mexico has grown steadily, playing a pivotal role in the domestic and regional economies due to the variety of benefits it offers, including the country’s trained and affordable labor force. The sector grew by 30% in just the first nine months of 2022 compared to the same period in 2021, with one of the most important industries being the automotive and auto parts industry. Automotive manufacturers in Mexico are leading the way in supply chain regionalization and are poised to take advantage of the opportunities offered by the adoption of electric vehicle technologies and investments being made by semiconductor companies.

Manufacturing in Mexico and regional supply chains

As the most labor-rich and cost-efficient country in North America, Mexico has become especially attractive to foreign companies looking to set up or relocate manufacturing to serve the US market. In addition, the country’s geographic location means 80% less shipping times and costs compared to China, and its well-developed, safe, and accessible network of air, land, and rail infrastructure means that companies have various options for transporting goods depending on what best meets their needs.

Mexico, serves as a springboard for firms looking to access cheaper production sources while utilizing the existing infrastructure already in place. This investment and development of its manufacturing industry over the last half-decade has had a positive effect on the entire region, encouraging shared economic growth, jobs, processes, and overall efficiency.

Economic interdependence and regional integration have made North America more competitive internationally.

25/05/2023

Higher Mexican wages complicate push for non-China supply chains

Three years after a revamped North American trade pact took effect, demands by labor unions and stricter standards for tariff relief are squeezing manufacturers from Japan and elsewhere that have set up shop in Mexico.

The trend comes as supply chain risks caused by U.S.-China tensions accelerate a push for near-shoring, or a moving production closer to target markets. The recent headwinds could force companies that sought to take advantage of cheap Mexican labor to produce goods for the neighboring U.S. market to reassess their strategy.

General Motors in March agreed to increase wages at its plant in Silao, in central Mexico, by 10%, outpacing both local inflation and the previous 8.5% hike in 2022.

The hike at GM is part of a growing trend. At a Panasonic Holdings auto parts plant in Tamaulipas, a new labor union, which replaced one seen as close to management, secured a 9.5% pay hike in 2022.

These developments stem in part from the U.S.-Mexico-Canada Agreement (USMCA), which took effect in July 2020 as a replacement for the North American Free Trade Agreement.

The USMCA includes a provision allowing the U.S. government to take action against employers that fail to engage with labor unions. The Democratic Party in the U.S. has traditionally placed an emphasis on labor rights, and the Biden administration has repeatedly urged the Mexican government to assess whether unions are able to effectively negotiate for higher pay and better conditions.

About 1,300 Japanese companies operate in Mexico, more than in any other country in Latin America. "Japanese companies are starting to worry about labor costs in Mexico," said Takao Nakahata, director of the Japan External Trade Organization's Mexico office.

In addition to pay hikes, stricter rules for qualifying for tariff relief under the USMCA are weighing on companies operating in Mexico.

To qualify, products must contain close to half of parts from factories paying at least $16 an hour. But many in Mexico pay less than $10, meaning companies must either source more components from higher-paying suppliers in the U.S. or Canada, or pay tariffs.

As of December, 38% of gasoline-powered vehicles with a 1.5- to 3-liter engine by value had not been submitted for tariff relief under the USMCA, according to the U.S. International Trade Commission. The figure was around 1% under NAFTA.

Still, manufacturing in Mexico remains the cheaper choice in many cases, leading companies to continue investing in the country. Its auto parts sector received $3.58 billion in foreign direct investment in 2021, according to the Mexican Secretariat of Economy -- the second-largest figure on record.

GM, Panasonic among companies seeing big increases in labor costs

25/05/2023

Shein looks to Mexico for manufacturing

Shein, the Chinese ultra-fast fashion giant, has made a strategic move to commence garment production in Mexico. This decision comes as Shein aims to diversify and localize its manufacturing capabilities and strengthen its foothold in key markets such as Latin America and the United States.

The company, headquartered in Singapore, recently announced plans to allocate 70 million dollars over the next five years to empower its ecosystem of third-party manufacturing suppliers.

In addition to Mexico, Shein has also set its sights on Brazil as a manufacturing and export hub for the Latin American region. This localization strategy has proven to be one of Shein's most successful approaches to date, allowing the company to tailor its factories and production facilities based on the specific needs of local markets. Moreover, this move serves as a deliberate effort by Shein to reduce its political dependence on China and avoid any potential issues with the United States, a key market for the company.

Recent concerns were raised when a U.S. federal commission reported that Shein sourced cotton from China's Xinjiang region, which has been banned in the U.S. due to its association with Uyghur forced labour. To address such challenges and maintain its growth trajectory, Shein plans to fund its expansion into Mexico and Brazil using the two billion dollars in capital it raised from investors.

Despite a valuation cut to 66 billion dollars in its latest funding round, Shein continues to achieve impressive annual revenue growth of 40 percent, as reported by Reuters.

Localizing production

Shein's ambitious plans for Brazil involve an expectation that 85 percent of its sales will be driven by local manufacturers and vendors by the end of 2026. While the company has not yet commented on its specific strategy for Mexico, Marcelo Claure, Chairman of Shein in Latin America, emphasized the significance of leveraging global scale and operational excellence to support local economies and ecosystems.

In a statement made in April, Claure highlighted the opportunity to further localize the supply chain to benefit consumers, small businesses, and the broader economy.

Shein's move into Mexico and Brazil represents a calculated step towards solidifying its digital presence and expanding its marketplaces in the fast-paced world of fast fashion.

Shein, the Chinese ultra-fast fashion giant, has made a strategic move to commence garment production in Mexico.

17/05/2023

Kia Corporation is considering increasing its investment in Mexico to produce electric vehicles (EVs), according to reports in South Korea.

The automaker has a vehicle plant in Mexico, in Pesquería in the northern state of Nuevo Leon. It was completed in 2016 with capacity for 400,000 vehicles per year to supply North and Latin America. The factory makes the Forte compact car and the subcompact Rio.

The company was responding to local reports citing a Mexican local government official during his visit to South Korea. Nuevo Leon Governor Samuel Garcia, while attending a conference in Seoul promoting cooperation between South Korea and Latin America, revealed Kia was considering investing up to US$1bn to expand its existing factories to produce two EV models.

Earlier in the day Garcia tweeted: “More good news! Nuevo Leon consolidates as an electro-mobility hub: Kia once again bets on Nuevo Leon with an investment to expand its plant and produce two Kia car models” while uploading a photo of the EV9.

Kia said it was considering the investment with a mid- to long-term perspective but nothing had been decided.
Hyundai Motor Group is currently building a dedicated EV plant in Georgia with an annual production capacity of 300,000, mainly for North America.

Considering investment but nothing decided

Dirección

Prol. Paseo Montejo
Mérida
97204

Horario de Apertura

Lunes	9am - 5pm
Martes	9am - 5pm
Miércoles	9am - 5pm
Jueves	9am - 5pm
Viernes	9am - 5pm
Sábado	9am - 1pm

Teléfono

+529842783752

Página web

https://web.facebook.com/mfginmex

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