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Borderlands: Foreign investors pump money, manufacturing jobs into Mexico freightwaves.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freightwaves.com Daily Mail and Mail on Sunday newspapers.
Can Mexico capitalize on US automakers’ pivot to electric vehicles? Mexico could become even bigger player in global automotive manufacturing industry 7 minutes read As U.S. automakers pivot into the electric, autonomous vehicle era, cross-border operators say Mexico is more than ready to seize the moment. (Photo: GM Mexico) The multibillion-dollar North American automotive sector, which includes one of the largest components of U.S.-Mexico trade, could dramatically change as many automakers make a substantial shift to manufacturing electric vehicles. On April 30, General Motors (NYSE: GM) became the first U.S. automaker to announce it would build electric vehicles in Mexico. GM said it would invest $1 billion in its factory in Ramos Arizpe to produce electric cars. ....
Redwood Logistics’ Eric Rempel and Troy Ryley Named 2021 “Pros to Know” Redwood Logistics’ Eric Rempel and Troy Ryley have been named to the Supply & Demand Chain Executive 2021 “Pros to Know.” Rempel, Redwood’s Chief Innovation Officer, and Ryley, President of Redwood Mexico, are recognized on the annual Pros to Know list, honoring supply chain executives leading initiatives to help prepare their clients, as well as the supply chain community at large, to meet the significant challenges in the year ahead. Their outstanding accomplishments have advanced the logistics and supply chain management profession offering a roadmap for others looking to leverage the supply chain as a competitive advantage. ....
Though well behind Mexico, China ranks second for international trade at the three largest United States-Mexico border crossings in Texas: Laredo, El Paso and Pharr. Its status on the border is buoyed by imports of auto parts, cellphones, electrical circuit boards and other goods, say public officials and industry experts. Teclo Garcia, Laredo’s economic development . ....