Jeff Barth is hoping the path to prosperity passes through Nogales.This isn’t necessarily the route he planned to take when he started JWB Manufacturing in the fall of 2008, but the Tempe-based maker of wire-cutting blades is willing to follow it. He sees the Mexican state of Sonora, and its resurgent manufacturing sector, as key to the future. Especially since he senses so much uncertainty in the U.S. economy.“I’ve decided that my exporting growth is going to be in Sonora,” he said.And who can blame him?The Sonoran economy has made major manufacturing gains, recovering almost to pre-recession employment levels in that sector. Factor in rising fuel costs and increased wages in China, and a number of trade officials see room for growth for companies like Barth’s through near-shoring in Mexico.via Arizona businesses see opportunity in Mexico.
About The Author
October 28, 2014
AQ Interactive: The Fast Ramp-Up – The Economics of the China–Latin America/Caribbean (Lac) Relationship
January 27, 2012
- The United States and Mexico: Building and Designing Things Together – Forbes
- Made in Mexico: An emerging auto giant powers past Canada – The Globe and Mail
- How to Boost Border Competitiveness? Just Ask the Folks There.
- How Will Mexico’s Economy Perform in 2015?
- It’s Time To Reset U.S.-Mexico Relations – John M. Ackerman – POLITICO Magazine