Manufacturing companies bet on the northern part of the country
Solili | August 16, 2021 |

The main industrial border markets of the country such as Tijuana, Tecate, Mexicali, Ciudad Juárez and Reynosa, accompanied by the northern cities such as Monterrey and Saltillo concentrated 48.7% of the gross demand in the quarter that just ended, according to Solili in its Quarterly Report. 2Q 2021.

These markets, due to their proximity to the United States, have been favored by the need for raw materials and finished products that demand a supply closer to the final assembly center, often located in the United States or in one of these northern cities.

Despite the fact that at the beginning of the pandemic, manufacturing was one of the sectors most affected today and after the first year of the T-MEC was launched, manufacturing in sectors such as the automotive sector have taken advantage of the signing of the intraregional trade agreement.

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Mexico exhibits results where automotive exports to the United States reached 112.898 million dollars and 4.162 million dollars to Canada, during 2020, significantly exceeding the exports that these countries generated to Mexican soil, more than 4 and 5 times, respectively. .

Markets such as Saltillo have seen in the last quarter news of expansion of manufacturing operations, such as Whirlpool, Daimler and Philips Industries, to name a few.

Whirlpool will invest 120 million dollars in expanding its production lines with a profitable net area of 30 thousand square meters.

Daimler, which currently exceeds 140 thousand square meters with its 6 assembly and production areas, foresees an investment of 300 million dollars on the Alianza Industrial Park on an area of more than 300 hectares.

Phillips Industries, the manufacturer of electrical harnesses for the heavy vehicle automotive industry, will expand its operations with $ 20 million over a growth area of 360 thousand square meters.

Likewise, in this period the northern cities totaled 48.4% of new warehouses that began construction during the period. Of the ships that were added to inventory this quarter, 71% are located in the aforementioned border cities, where only Monterrey and Saltillo added 305 thousand square meters.

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According to The New York Times, the northern border of Mexico has in recent months been attractive for American companies seeking to expand production.

The electronics and auto parts industries located on the border have seen a growth in the number of jobs in large manufacturing plants or maquiladoras.

The proximity to the domestic market, with the decrease in transportation costs, favors Mexico compared to Asian countries that were the providers that previously dominated the scene.

And although the global statistics show that the manufacturing sector has not yet been able to replace the jobs prior to the pandemic, advances in investments indicate that manufacturing will advance underpinned by the T-Mec where Mexico has benefited.

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