MSE18 seeks to attract and strengthen supply networks at local, regional and international level

MSE18 seeks to attract and strengthen supply networks at local, regional and international level

Feb 19, 2018

The eighth edition of the Mexicali Supply Expo 2018 will take place on Thursday, February 22, at the “El Dorado” Industrial Park, located at km 4 of the Mexicali – San Felipe highway. According to the president of the National Chamber of the Transformation Industry (Canacintra) in Mexicali, José Eugenio Lagarde Amaya, the Mexicali Supply Expo was a request from the entrepreneurs of the sector, who for 8 years have been participating. “What is sought in an essential way is to integrate the tractor companies, the large companies, with the medium-sized companies and local smaller companies here in Mexicali,” he said. With this event, a greater integration of suppliers among different companies is expected, since the levels of integration between the local industry and the “large” industries are barely 4%. In the case of Mexicali, this figure is reduced to around 2 or 3% as a maximum, although Lagarde Amaya affirmed that there is a large area of opportunity in the subject. The Mexicali Supply Expo 2018 will also have the participation of Canacintra Mexicali, the Association of Maquiladoras of Mexicali (Index) and the Industrial Development Commission of Mexicali, as well as local, national and international supplying and manufacturing companies . At the moment 140 stands have been confirmed on the exhibition floor composed of suppliers and buyers of different industrial sectors, as well as a series of conferences with topics of interest and a session of business meetings where the purchasing companies and suppliers are expected to come into contact . The event will take place at “El Dorado” Industrial Park, that is located on Km. 4 of the Mexicali – San Felipe highway, on Thursday Feb. 22, and will last from 9:00 in the morning to 5:00 in the afternoon. Source: MSE...

San Diego and Tijuana keep building stronger commercial ties with new air cargo facility

San Diego and Tijuana keep building stronger commercial ties with new air cargo facility

Feb 18, 2018

A new air cargo park set to open in Tijuana could not only boost trade relations between Mexico and Asia, but provide San Diego with another major commercial connection to its southern neighbor. Along with other major infrastructure projects and border crossings, the cargo facility is yet another fortification increasing San Diego’s economic relationship with Mexico. It’s a welcome development to trade advocates at a time when the future of cross-border commerce is uncertain. In March, the air cargo and logistics facility will begin operation adjacent to the Tijuana International Airport. The roughly 64-acre air cargo park was built by a subsidiary of Grupo Bustamante, the real estate and development company of former Tijuana Mayor Carlos Bustamante. Bustamante said the air cargo park will make it easier to move goods between Asia and Latin America, serving companies such as FedEx, UPS, DHL, Estafeta, Aeromexico, and Volaris Cargo. It will include on-site Mexican customs authorities, a bonded warehouse, office space for freight forwarders, customs agents, banking services, food concessions and the Mexican Postal Service. “There’s been an increased amount of Chinese investment in South America and Mexico,” said Jock O’Connoll, an International Trade Advisor at Beacon Economics. “There’s a lot of competition for playing the same kind of role Panamanians do in becoming a key transit point for shipments by ship and airplane between the Far East and South and Central America.” Such a facility would permit Latin America to more easily trade directly with Asia. Click here for full article on the Voice of San Diego...

Mexico, U.S. Express Cautious Optimism on NAFTA Deal

Mexico, U.S. Express Cautious Optimism on NAFTA Deal

Feb 17, 2018

By Anthony Esposito and Lesley Wroughton MEXICO CITY/WASHINGTON (Reuters) – Top U.S. and Mexican officials on Thursday expressed cautious optimism that the North American Free Trade Agreement will be renegotiated, speaking ahead of the next round of trade talks later this month. Asked on local television whether it was more likely the $1.2 trillion trilateral trade pact would survive or die, Mexico’s Foreign Minister Luis Videgaray said there was cause for optimism, though Mexico should be prepared for all eventualities. “We should be prepared for a future with or without NAFTA,” he said. In Washington, U.S. Treasury Secretary Steven Mnuchin said it was a priority for the Trump administration to renegotiate NAFTA, declining to speculate on the consequences if the United States withdraws from talks. The seventh round of negotiations in Mexico City will take place Feb. 25 thru March 5, starting and ending a day earlier than initially planned. There is a “window of opportunity” for concluding the talks in March or April, said Moises Kalach, head of the international negotiating arm of Mexico’s CCE business lobby. “That’s the objective,” Kalach told reporters.   Click here for full article on https://money.usnews.com/ Source: https://money.usnews.com  ...

Index Mexicali announces anniversary events

Index Mexicali announces anniversary events

Feb 16, 2018

The celebration of the 40th anniversary of the Association of Maquiladoras of Mexicali (Index) will feature different sports, social and business events that will mostly be held in the state capital. The president of the association in Mexicali, Salvador Maese Barraza, highlighted to the media the advances that the maquiladora industry has had in the municipality, since it has become, after so many years, one of the main sources of employment. Although a special event has been tentatively defined for June of this year, the president of the organization announced some of the projects that will be held in celebration of the anniversary. Among these events Maese Barraza highlighted the fifth edition of the Forum Index, the XXIV International Ergonomics Congress that will have the participation of national and international experts, as well as the visit of the National Index board. Click here to read full article on La...

State Government promotes capabilities of the medical industry in Baja California

State Government promotes capabilities of the medical industry in Baja California

Feb 8, 2018

As part of the strategic activities to boost the local industry, the Baja California State Administration headed by Governor Francisco “Kiko” Vega of Lamadrid, through the Ministry of Economic Development (SEDECO) participates in the design and manufacturing event of the medical industry “MD & M West“, which takes place in Anaheim, California, from February 6 to 8. The head of SEDECO, Carlo Bonfante Olache, informed that this fair is cataloged as one of the most important of the medical sector of design and manufacturing in the world, and links suppliers and buyers with the original equipment manufacturers. MD&M West connects thousands of advanced design and manufacturing professionals for three days of industry immersion. Source from the world’s largest collection of medtech suppliers. With the attendance of more than 20,000 engineers and executives who are ready to forge business partnerships and want to learn more about the industry, as well as luminaries presenting their insights, this is the perfect place to find answers to your current medtech challenges — from prototyping to full-scale manufacturing — while keeping up with the latest innovations reshaping the industry. “MD & M West” is the nation’s largest medtech conference, that offers four in-depth, expertly curated tracks of unmatched industry education. Conference pass also unlocks access to the 3D Printing and Smart Manufacturing innovation summits – all with unlimited track hopping. Click here to know mor about “MD & M West” Source: “MD & M...

It´s official, Amazon is the world’s Most Valuable Brand

It´s official, Amazon is the world’s Most Valuable Brand

Feb 7, 2018

According to MediaPost , Amazon has beaten out Apple and Google, with the e-commerce giant’s brand value increasing by 42% year on year to a whopping $150 billion, according to Brand Finance. With a brand strength index score of 92.3, up from 91.3 last year, Disney is the world’s strongest brand and one of the most interesting to watch in the coming years, according to the valuation and strategy consultancy. In light of its recent purchase of a majority stake in 21st Century Fox, Disney can further develop its brand to deliver for more consumers worldwide. As for Amazon, it is no longer just an online retailer, but also a provider of cloud infrastructure and a producer of electronics. The company is moving beyond the digital space, as last year’s takeover of Whole Foods for $13.7 billion gave the brand a foothold in the realm of bricks and mortar. “Jeff Bezos once said that ‘brands are more important online than they are in the physical world,’” says David Haigh, CEO of Brand Finance. “He has proved himself right by choosing the name Amazon, known as the largest, most powerful river in the world, as 23 years later the Amazon brand carries all before it as an unstoppable force.” Click here to read full article: mediapost.com Source:...