Arizona manufacturer sees Mexico as key to growth | Marketplace.org

Like most Americans, Bill Jordan drives to work. But unlike most, his commute involves an international border crossing.Every day, he drives from his home in southeastern Arizona to Calexico, Calif., where he crosses into Mexicali, Baja California. He comes to supervise a manufacturing plant here for his employer, a small Phoenix-based company called Allied Tool & Die, that makes niche aerospace parts.Twenty years after the North American Free Trade Agreement was signed, cross-border ties are becoming increasingly important to manufacturing on the continent. These days, some six million American jobs depend in some way on trade with Mexico, according to the Woodrow Wilson International Center for Scholars’ Mexico Institute.via Arizona manufacturer sees Mexico as key to growth |...

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Mexico’s Pemex posts third-quarter profit of 23.9 billion pesos | Reuters

(Reuters) – Mexico’s state oil monopoly Pemex PEMX.UL reported a third-quarter profit of 23.9 billion pesos ($1.86 billion) on higher revenue, the company said in a report filed with the Mexican stock exchange on Monday.Pemex reported third-quarter revenues of 408.9 billion pesos ($31.8 billion) in the July to September period, up 4.3 percent compared with the third-quarter of 2011.Pemex posted a net loss of 81 billion pesos for the year-earlier period on revenue totaling 392 billion pesos.via Mexico’s Pemex posts third-quarter profit of 23.9 billion pesos |...

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Pena Nieto Has Strength to Open Mexico’s Oil Industry, Aide Says – Businessweek

Mexico’s President-elect Enrique Pena Nieto has the leadership to bring together members of his party and the opposition to pass laws opening up the oil industry to private investment, his top economic adviser said.Pena Nieto has “the conviction for the reforms, the political experience and the leadership of his party,” to push through the changes, Luis Videgaray, co-head of the incoming president’s transition team, said in an Oct. 26 interview. “It implies building a political consensus. It’s what we’ll do with energy.”via Pena Nieto Has Strength to Open Mexico’s Oil Industry, Aide Says –...

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Mexico is now a top producer of engineers, but where are jobs? – The Washington Post

MEXICO CITY — In an aggressive bid to move beyond low-wage factory jobs and toward an entrepreneurial economy, Mexico is producing graduates in engineering and technology at rates that challenge its international rivals, including its No. 1 trade partner, the United States.President Felipe Calderon last month boasted that Mexico graduates 130,000 engineers and technicians a year from universities and specialized high schools, more than Canada, Germany or even Brazil, which has nearly twice the population of Mexico.via Mexico is now a top producer of engineers, but where are jobs? – The Washington...

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