Manufacturing companies in Mexico who produce medical products have grown at a steady and sustained rate over the past decade. Some of the reasons for this growth are attributable to the fact that health care is becoming one of the most important industries of the United States and Mexico. As the country continues to develop into a first world nation, the multinational corporations in Tacna that focus on health care in Mexico are increasing their presence in the country to stay a step ahead of competitors who want an even bigger piece of the health care market. In addition, the Mexican government has continued to strengthen its position as one of the key economic engines of the country. All of these factors are making it increasingly difficult for companies to remain financially stable in a country that is growing as much as it is.
According to the latest survey from Frost & Sullivan, a respected research firm, Mexico is on the rise as a manufacturer. Frost & Sullivan’s latest findings indicate that between 2021 the manufacturing sector of the country is expected to grow at an annual rate of approximately 3%. Although the growth is expected to be more or less gradual, it is providing a great deal of hope to companies in Mexico and across Latin America who are searching for additional sources of domestic manufacturing. The continual strength and durability of the U.S. dollar, combined with strong U.S. trade relations, combined with Mexico’s continued growth as one of the major sources of low-cost goods and services, have combined to make Mexico a viable alternative for companies seeking a platform for continued growth in North America.
One of the key contributors to the success of any business in Mexico, whether it is a manufacturing facility or any other type of operation, is the consistent and ongoing effort put forth toward attracting the top global talent. Because Mexico is still relatively small compared to many of the nations in South America, many of the top engineers and executives from other countries choose to establish operations in this Latin American nation, rather than larger, more populated nations. In this way, they are able to tap into the talent pool offered by Mexico’s abundance of professionals. This list of manufacturing companies in Mexico provides some of the most promising prospects for graduates who are interested in pursuing engineering positions in the country.
One of the areas in which Mexico has garnered a lot of attention is its aerospace industry. Mexico has become one of the leading satellite and space manufacturing centers in Latin America. A number of leading aerospace and defense companies have established manufacturing facilities in Mexico, including Aerojet Mexico and Ciereno Marine. Among the companies currently manufacturing in Mexico, two-thirds of the aerospace product produced in the region is produced by these two companies.
Among the list of manufacturing companies in Mexico that have emerged in recent years, Aeropropia is rapidly expanding. The company is responsible for the development of several technologies used by NASA, including the Atlas V rocket, and the Global Positioning System. It also manufactures an array of consumer products, including helicopters and snowbirds. Aeropropia’s main competitor is United Technologies Corporation, which is the largest producer of small and medium-sized aircraft in the world. Although other aerospace manufacturers have tried to tap into Aeropropia’s market, such as Cessna, it is believed that the company still holds a majority share of the market due to its strong financial structure.
In addition to producing military aircraft, American manufacturing companies have begun to tap into the commercial aviation market. Boeing is one of the premier aerospace manufacturing companies in the world. Many believe that the company designs the most complicated aircraft ever made. However, its primary focus is on developing its commercial aircraft. In recent years, the company has also ventured into other areas, such as space flight. As more commercial airline flights begin to use Mexico airports, the commercial transportation industry will begin to grow in size and importance, as more businesses look to expand their borders.