Until a few years ago other countries and latitudes were the ideal place for large American and European companies to develop their businesses, as well as their industrial infrastructures.
However, recently, the big brands of the electronic security market are setting their eyes on Latin American territory to build plants, due to the benefits that some actors who have been there for a long time have experienced.
Mexico, Colombia and Brazil are the countries most desired by multinationals, and that has even been identified by important international media such as the New York Times, which in a recently published article, highlighted the growing participation of manufacturers in Mexico in all its areas.
"With labor costs rising in China, U.S. manufacturers of all sizes are looking to southern Mexico, with what economists describe as impatience not seen since the early years of the North American Free Trade Agreement in the 1990s. From border cities like Tijuana to the central plains, where new factories are filling agricultural land, Mexican workers are increasingly in demand," reads a section of the text.
Reasons such as the difference in distances, the cost in lower labor, and domestic consumption itself, have incentivized manufacturers to enter this country. This, without a doubt, also brings benefits for the Mexican population, since employment increases.
Colombia, for its part, has served as a seat for many of the most important companies to attack the Andean region, an area that has the accelerator under pressure and that currently sets the pace in many of its countries.
The other focus is Brazil, which due to its large size, both territory and business, is a market that overlaps as an ideal and propitious place to establish itself and generate excellent dividends for its own expansion and an unbeatable place to reach the region.
This is only a symptom of the good time our economy is going through. We look forward to continuing to report positive developments like these for our industry.
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