Three Key Things to Consider When Moving Manufacturing from China to Mexico
Finding the most cost-effective manufacturing option has always been a factor when deciding where to expand operations. It’s been a growing topic of conversation over the past few years as many U.S. manufacturers are considering a move from China to Mexico. China emerged as the front runner for low-cost manufacturing in the early ‘90s, but has since […]
Final figures confirm Mexico’s GDP plunged 8.5% in 2020, worst decline in 90 years
It’s official – Mexico recorded its worst economic contraction since the Great Depression in 2020 as the coronavirus pandemic and associated restrictions ravaged the economy. GDP plunged 8.5% last year, according to final, revised data published Thursday by the national statistics agency Inegi. The figure, which represents the worst economic result since GDP slumped more […]
US urges Mexico to heed private sector concerns over electricity market overhaul
The United States has urged Mexico to listen to the concerns of the private sector with regard to the proposed overhaul of the electricity market to favor the state-owned Federal Electricity Commission (CFE) over private companies, many of which have invested in renewable energy. During a call with reporters on Thursday to outline United States Secretary of […]
Carbon Capture Technology Faces a Difficult Few Years, Finds IDTechEx Research
Carbon capture, utilization, and storage (CCUS), or carbon capture and storage (CCS), is a set of technologies used to strip carbon dioxide from industrial waste gases or directly from the atmosphere. Once the carbon dioxide is captured, it is either stored permanently underground (carbon storage) or it is used for a range of industrial applications […]
TTI Family of Companies Remembers Founder and Chief Executive Officer Paul Andrews
Fort Worth, TX, – TTI, Inc., a leading distributor of electronic components, announces the passing of Paul Andrews, TTI founder and CEO. At the helm for 50 years, Andrews’ vision has led TTI to extraordinary success as one of the industry’s leading distributors. In 1971, Andrews turned his dream into a self-made success. From humble beginnings […]