Articles tagged with: Wages

07Mar

Commentary: China's rising wages may benefit Latin America

Good news for Latin America: wages in China, Vietnam and other Asian countries are rising faster than expected, leading growing numbers of multinational firms to move their manufacturing plants to Mexico and other countries closer to the U.S. market.

Posted in Manufacturing in Mexico

10Feb

This Country is a Much Better Investment

Every few weeks, another major manufacturer announces plans to shut down production in China and bring jobs closer to home. Some companies such as GE (NYSE: GE) aim to boost production in the United States (GE will make hot water heaters in Kentucky, for example).

Posted in Foreing investment in Mexico

01Feb

Mexico’s auto boom is about wages

Mexico’s star is ascending these days. Nissan just revealed plans to spend $2 billion on a new factory there, which is twice as much as an automaker typically spends on a big new factory.

Posted in Automotive

25Jan

Mexico, competitive with China (wages)

Mexico and Latin America could be the winners of the loss of wage competitiveness of China, if they advance in the improvement and development of export infrastructure / transport, considered BBVA Research.

Posted in Politic / Economic issues

24Jan

Expected 5% salary increase this year in companies in Mexico

MEXICO CITY, Mexico - Medium and large companies in Mexico will raise wages an average of 4.5 percent, said a Deloitte survey of 200 companies.

Posted in Politic / Economic issues

04Jan

Manufacturing in Mexico, A Strategic Alternative to China

With wages on the rise in China along with increasing shipping costs from China to North America, American companies are closely evaluating the benefits of moving manufacturing operations back to the U.S. Mexico is another viable option for companies looking to cut transportation costs.

Posted in Manufacturing in Mexico