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Three Theme Parks: Parque
Plaza Sesamo, Bioparque Estrella and Bosque Mágico.
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Concerts and Festivals
through the year such as: Barrio Antiguo Cultural Festival, Nuevo Leon
Theatre Festival, International Youth Soccer Tournament Copa Monterrey
and the CART Series:
Monterrey Grand Prix, Parque Fundidora, Cintermex
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Industrial
highlights
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First factory in Nuevo
León was established in 1850.
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The
State is considered the industrial pole of Mexico, due in part to the
presence of more than ten thousand industries of different specialties
that operate in the state: food production, beer, tobacco, glass,
cement, plate, steel, chemical products, equipment and machinery are
just some of the most important production areas, among others. Nuevo
Leon's business base consists of:
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13,251 manufacturing
companies
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55,302 retail
establishments
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51,028 services firms
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1,755 companies
belonging to other sectors.
-
Monterrey is
hometown of some of the biggest conglomerates in Mexico such as:
CEMEX - CYDSA - FEMSA - IMSA - GRUMA - PROEZA - PROTEXA -PULSAR -
RAMIREZ - VILLACERO - VITRO - ALFA - LAMOSA
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Many international
corporations also at Monterrey are:
ABB- MITSUBISHI - ALCOA - FUJIKURA - NAVISTAR - BASF -
NORTEL-CATERPILLAR - PACKARD ELECTRIC - DANFOSS COMPRESSORS - PARKER
ZENITH - DELPHI - PHELPS DODGE - DENSO - PIONEER - GE - RHONE POULENC -
GRAINGER -SCI -J OHN DEERE - TOYOTA - KELLOGG'S - UNION CARBIDE -
MERCEDES BENZ - FREIGHTLINER - YAZAKI - CELESTICA-INVENSYS - ELCOTEQ -
JOHNSON & JOHNSON - OSRAM - LG- VISTEON-SANYO - PANASONIC - SOLECTRON
Economic Aspects
The State of Nuevo León
generates:
Domestic production share
of enterprises in Nuevo Leon. Percentage of total production:
In the year 2000, Nuevo
Leon attracted 18.4% of foreign direct investment in Mexico. Mainly from
the U.S. (70% of total investment), Holland accounted for 11%, Japan for
7% and Canada for 4% respectively.
Business
Culture
Nuevo Leon is the
industrial leader in Mexico with outstanding positions in sectors such as
Beverage, Packaging, Cement, Glass, Steel, Auto Parts and Financial
Service Industries. In the year 2000, the total revenues of Industrial
Groups in Nuevo León were more than 31.3 Billion USD.
Regional Influence
Greater Monterrey is second
only to Mexico City in its industrialization and world class production of
steel, glass, cement, plastics, chemicals and other industrial products.
Its flagship university, the "Instituto Tecnologico y de Estudios
Superiores de Monterrey" (Tec de Monterrey) is the one of the top
institutions of higher learning in Latin America. The people of Monterrey
have a culture that values hard work, self-reliance and entrepreneurship.
Monterrey is home to the world’s largest nylon manufacturer and the
world’s third largest cement and glass producers. Although Monterrey is
the third largest city in Mexico, it has one of the lowest crime rates in
the country.
Demography
Distribution by
gender
Women 50.04%
Men 49.96%
Total Population
3,684,845
Percentage of
National Population
3.98%
Demographic Growth
rate
2.4%
Population Density
55 per square km
Life Expectancy
74.7
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Demographic Impact
Most workers in Monterrey
are third and fourth generation factory workers. Traditionally known as
the northern hub of Mexican industry, Monterrey has become a ideal site
for the maquila industry as it migrates from the border region to the
interior of Mexico in search of a more stable labor force. Eighteen
percent of the country’s manufactured exports come from Monterrey.
Employment Considerations
In December of 2000,
approximately 68,529 individuals were employed by 160 maquiladoras.
(Source - Inegi 2000) . 55% of Monterrey’s appprox. 2.8 million residents
are economically active.
Unemployment Rate
The open unemployment rate
in Monterrey is 2.4% (Source INEGI 04-2000)
Availability of Labor
Unlike most border cities,
Monterrey experiences very low migration of its residents, this translates
into lower employee-turnover rates.
The growth rate of
Monterrey’s population adds 40,000 new individuals to the job market every
year.
Monterrey has some of the
best educated professional force in Mexico.
Communication - Energy
Infrastructure
Fiber optic telephone lines
throughout the city. Services Provided by but not limited to AT&T Alestra,
XCI & Westel - Marcatel, MCI Avantel, Sprint Telmex, Axtel - BIC &
WordTel.
Natural gas is available
and distributed by a private company.
Customs
US Customs processes
imports through Laredo Texas. Mexican Customs has facilities at the
Colombia International Bridge and in Monterrey. Several customs brokers
have offices in the city.
Taxes
The state imposes a 2%
payroll tax but will make a 50% deduction for new companies during the
first year of operations.
Service and Supplier Companies
Over
eight thousand industrial companies and 30,000 service providers offer a
broad range of industrial support services. Proximity to the US allows
companies easy access to American suppliers and the US market.
Advantages
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The largest convention’s
center in Latin America
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Due to its vast
experience as an industrial center, Nuevo Leon boasts a highly skilled
work force, both in traditional industrial activities, and in services
and key activities such as computer systems. Monterrey's famed
institutes of higher education have made a significant contribution in
training many of Mexico's top-level professionals.
-
Good quality of life and
one of Mexico’s lowest crime rates.
-
A highly educated
workforce
-
Ample supply of workers
-
Excellent health care
services.
-
Excellent roads,
transportation, telecommunications and housing infrastructure
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Lower labor turnover
rates than border cities
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Mexico’s best technical
training
-
Good transportation and
communication infrastructure
-
Proximity to the US
-
A well established
network of shelter operations
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Home to some of the best
candidates for a Mexican joint-venture partner
-
A state government that
fosters business development.
San Pedro Garza Garcia
Competitive Advantages
Labor: huge, very
qualified industrial work force.
Very low cost of operations such as mold making, tool and dye services.
Infrastructure:
highly developed.
Facilities: full industrial services
Land, Industrial
Properties: many existing facilities available for leasing or
purchasing
Real Estate
Investment Opportunities
Options for
product sharing in Mexico and Nuevo Leon:
Maquilas
export assembly plants: because of the
state's unique combination of complete industrial services, its proximity to the
US border, a huge, qualified industrial work force and its highly developed
infrastructure.
Subcontracting: the
diversity of Nuevo Leon's manufacturing environment serves as a unique
location for the production of a wide range of components of finished
products. Subcontracting is especially profitable because of the city's
high installed capacity.
Joint
Ventures: successfully combine foreign capital, technology and export
marketing with the state's powerful manufacturing base. Many foreign
companies prefer to form partnerships to profit from the support of
Mexican companies that have already developed successful local strategies
for managing labor, production, materials and freight.
Shelter operations:
Shelter plans offer turnkey manufacturing services and subcontractors
which deliver highly competitive, quality products to foreign buyers.
Shelters allow foreign companies to take advantage of significant
facilities. They offer complete staffing of both blue-collar and
administrative employees. The foreign company often only provides the
equipment and a key quality control supervisor.
Industrial Base: The
state has a mature industrial base needed to support integrated
manufacturing. The extent of the area's industrial resources creates a
supplier network which can compete with the major industrial centers of
the world.
When
you decide to invest, expand, consolidate or relocate in Nuevo Leon, AGIM
Corporation will provide the skills and information required to make
informed, effective real estate decisions. Our international experience and network of local
associates, will optimize your chance to acquire or dispose of properties
with the best return, ensuring that your specific objectives are realized.
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With
700,000 sf, MONTERREY-CINTERMEX is the largest Convention Center in Latin
America
