Tom BurtonCo-Founder, COO and CTO of LeadSmart Technologies

What's Happening In #Mexico?

Name: What's Happening In #Mexico?
Uploaded: 2024-04-09T14:34:26+00:00
Duration: 52 s
Channel: Tom Burton
Description: A short YouTube monologue (Tom Burton) about nearshoring/onshoring driven by geopolitical tensions (China/Taiwan, US–Iran, Suez Canal) and concrete…

9 Apr 2024 · 1 min

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0:52

A short YouTube monologue (Tom Burton) about nearshoring/onshoring driven by geopolitical tensions (China/Taiwan, US–Iran, Suez Canal) and concrete investment flows into Mexico’s manufacturing infrastructure: $31 billion year-to-date (current year) and $36 billion total in 2023. The speaker frames this as the outcome of earlier predictions about manufacturing relocating to Mexico.

Chapters

Been talking for a year and a half on this this show about near shoring, onshoring and the increase of that happening. And the reason geopolitical is the term I was looking for earlier. Geopolitical tension in in China, Taiwan, Asia, pressure, US Iran, relationships with what's going on the Suez Canal. Here's what happened in Mexico this year. $31 billion has been invested in manufacturing infrastructure by specific companies. Year to date, 31 billion last year, 2023, all total 36 billion. So, boy, I don't want to say you heard it here first because you heard it a lot of places. But what we were talking about early last year, late 2022, about this coming around here we are. So anyways, that's good.