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U.S. Companies Are Still Rushing to Juárez
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Juarez, the city across from El Paso, has done well in the last 10 months with 27,000 jobs added in the maquiladoras. These foreign owned factories continue to attract business interest even with a drug war raging in the background. The reason is that Juarez connects straight to American Interstate highways and this makes it possible to deliver goods in 3-4 weeks in some cases from the time of order compared to 10 weeks for China. And wages can run as low as $4.21 an hour. Companies get incentives in the tax treatment and worker training is supported by the local government.
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Commodities exports make up about one fifth of output in Peru and Chile. Slowdown in growth in China will affect exports of copper and other metals. Brazil's growth faces additional hurdles with low investment rates, poor infrastructure and other problems. This in turn affects companies ranging from beer producers to other companies depending on sales in the region.
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The maquiladoras have recovered in 2010 after the layoffs during the global recession. These factories are competitive with China and orders can be filled faster because of fast Interstate highway connections.
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Mexico and China look to trade away old rivalry - The Washington Post
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As Ties With China Unravel, U.S. Companies Head to Mexico
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U.S. Companies Are Still Rushing to Juárez
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Chinese Factories Now Compete to Woo Laborers
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