By Jerry Gumpel & Larissa Calva-Ruiz
A few years ago, the Mexican government set its sights expanding it manufacturing capabilities in the aerospace industry. The preliminary results from this effort are in and the Mexican story is a story of success. Due to government’s efforts, Mexico has become an "emerging cluster" with more than 190 aerospace companies employing more than 20,000 workers and exported goods in excess $3,400,000,000 in 2008.[1] Indeed, in a survey of major manufacturing investments in the aerospace industry from 1990-2009 conducted by AeroStrategy Mexico emerged as the country with the most manufacturing investments of any country. (Exhibit 1). This article will explore some of the reasons why "setting up shop" in Mexico is so attractive.
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