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Entrada Group whitepaper explains why the aerospace industry is flocking to Mexico for manufacturing
On the occasion of the 49th International Paris Air Show, Entrada Group, a leading manufacturing shelter operator, has just published a whitepaper that explores the changing landscape of aerospace in Mexico.
According to the report, produced in collaboration with the President of AeroShores Management Consulting, Luc Beaudoin, a former executive with Bombardier, multiple factors are driving aerospace OEMS and their suppliers to the low cost manufacturing environment of Mexico. These include geo-politics, an increasingly competitive marketplace, and important changes in sourcing and supply chain practices.
Entrada Group’s (http://www.entradagroup.com)
“The industry has acknowledged the increasing need to hedge the manufacturing costs of its products to the currency in which the products are being sold (largely the US dollar) and the need to establish manufacturing capabilities closer to its new clients,” explains Beaudoin. “This fundamental factor explains the surge of European aerospace investments in North America and in Mexico.”
The report goes on to explain that if, in order to remain competitive, a manufacturer requires a lower cost production option, mature supply chain logistics and a highly skilled and stable labor force, then Mexico should absolutely make the ‘short list’ of countries for offshore or nearshore consideration.
“A final critical factor is the business environment,”
For a copy of the whitepaper, please contact Doug Donahue at email@example.com .
Page Updated Last on: Jun 30, 2011