"The super peso has been a major challenge for importers and exporters. However, paints manufacturers have benefitted from relatively lower raw material costs."
EXECUTIVE DIRECTOR, ARIZONA MINING ASSOCIATION (AMA)
"Arizona has a favorable economic, political and regulatory climate. People know we are the ‘copper state’ and generally understand mining’s importance and the need for mined materials."
EXECUTIVE DIRECTOR, ASPRI (ASSOCIATION OF PROCESS INDUSTRY (ASPRI)
"Recent trends in the process industries have been characterized by significant transformations, driven by technological advancements, sustainability goals, and regulatory changes."
"In today's mining landscape, conveyor belts incorporate advanced technologies such as antennas, sensors, and software to detect internal damages, facilitating scheduled replacements and avoiding unexpected downtimes."
In August 2023, Mexican exports to the US surpassed China for the first time. As companies prioritize securing supply their chains after years of logistics challenges, Mexico has begun to see major benefits. With a spate of new infrastructure projects such as the Interoceanic Corridor of the Isthmus of Tehuantepec coming online in 2023, the country is actively opening itself to investment. The chemical industry, in particular, is positioned for nearshoring-driven growth.