Friday, November 13, 2009
Mexico Becomes World's Cheapest Country for Manufacturing U.S. Goods
AlixPartners provides an interesting fact concerning Mexico.
As Keith Fitz-Gerald - chief investment strategist for Money Morning and The Money Map Report - notes:
There are a number of additional reasons why Keith Fitz-Gerald likes Mexico as an investment.According to corporate consultant AlixParnters, Mexico has leapfrogged China to be ranked as the cheapest country in the world for companies looking to manufacture products for the U.S. market. India is now No. 2, followed by China and then Brazil.
In fact, Mexico’s [has such big] cost advantages and has become so cheap that even Chinese companies are moving there to capitalize on the trade advantages that come from geographic proximity.
3 comments:
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According to corporate consultant AlixParnters, Mexico has leapfrogged China to be ranked as the cheapest country in the world for companies looking to manufacture products for the U.S. market. India is now No. 2, followed by China and then Brazil.i agree as above and its a truth and we all are accept that thing.
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adams
thanks
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Do you know who is the guy who manage the company, Argon Technology? Apparently his is a young entrepreneur in Western Australia who runs the largest robotic engineering company. Is it true?The man is called Paul Deuchar, so Could anyone tell me more about Paul Deuchar from Perth? I am in the middle of compiling a book about young and inspiring entrepreneur
ReplyDeleteAbout the Robotics entrepreneur did you mean Paul Deuchar? He's very famous over here and especially in the industrial sector, if you plan business with him don't hesitate you found the right man
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