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Coahuila, a burgeoning hub for electric vehicle and automotive manufacturing, is making significant strides in the industry, attracting major investments from LG-Magna e-Powertrain, LG-Electronics, and International Inc. The state reported $13.5 billion in international sales in 2019, with the US being its largest trading partner (90.9%). Key exports include vehicle parts and accessories ($4.21 billion), automotive seats ($1.89 billion), and engine parts ($948 million). Major cities like Ramos Arizpe, Saltillo, and Torreón have become attractive destinations for prominent companies like Siemens, Texas Instruments, Samsung Electronics, Eaton, Applied Materials, Emerson, Broadcom, ABB, Motorola Mobility, and National Instruments. Yanfeng’s recent $17 million investment in its second plant in Santa María is set to generate 1,000 additional manufacturing jobs by 2023, further solidifying Coahuila’s role in the future of electric vehicle production.

Chihuahua, Mexico’s third-largest city, is rapidly emerging as a major hub for the electronics industry. With over 126 electronics companies employing more than 94,000 professionals, Chihuahua offers a skilled workforce and robust infrastructure for secure investments. The city is the largest provider of engineers per capita in the country and boasts low turnover and absenteeism rates. Chihuahua is home to a thriving aerospace cluster with over 50 plants, including 6 OEMs and more than 40 certified suppliers, employing 17,000 people. The city also hosts a significant auto parts cluster, with over 40 international plants generating more than 50,000 jobs. Notable companies in the region include Ford, DTR, Continental, Buelher, Tristone, Lear, Yazaki, and many others. As Chihuahua continues to grow as an electronics powerhouse, it presents an attractive opportunity for businesses seeking to expand their operations in Mexico.

Explore the dynamic growth and potential of Sonora, an emerging powerhouse in Mexico’s electronics industry. Known for its diverse manufacturing capabilities, Sonora is attracting global players seeking a strategic location with a highly skilled workforce. Learn how expanding your business in this thriving region could lead to exciting opportunities and significant sales growth, as Sonora continues to strengthen its position in the Mexican electronics market.

Discover Baja California, the thriving epicenter of Mexico’s regional electronics industry, located just south of California. Home to over 200 companies and employing more than 92,000 people, this vibrant hub features high-growth industry clusters in electronics, medical devices, aerospace, and defense manufacturing. Uncover the advantages and opportunities of expanding your business in Baja California, where the manufacturing industry accounts for a significant portion of the region’s formal employment and showcases its strength and capabilities to US and international firms.

Mexico’s electronics industry is a global powerhouse, with a $5 billion annual investment and producing over 20 million TVs per year in Tijuana alone. Boasting over 1,100 companies in key clusters such as Nuevo León, Chihuahua, Jalisco, Mexico City, and Baja California, the industry has evolved from simple assembly operations to cutting-edge design and innovation. Notable multinational companies include HP, Samsung, Panasonic, and LG. The thriving electronics sector presents significant growth opportunities for equipment partners, as Mexico’s skilled workforce and established manufacturing clusters pave the way for continued success in this evolving industry.

Introduction As the electronics manufacturing landscape continues to evolve, Rich Sales International wants to keep our equipment partners informed about emerging opportunities. One market with

Costa Rica’s electronics industry is experiencing remarkable growth, driven by the flourishing medical device manufacturing and semiconductor production sectors. Attracting major international companies with its strategic location, skilled workforce, and supportive government policies, the country has become a global hub for medical device production and an emerging hotspot for semiconductor manufacturing. As Costa Rica continues to capitalize on its unique combination of resources and infrastructure, its thriving electronics industry presents a wealth of opportunities for manufacturers and investors looking to expand their operations in the region.

Colombia’s electronics manufacturing industry is experiencing rapid growth, driven by investments from the aviation, medical device, and automotive sectors. With its strategic location, abundant resources, skilled workforce, and supportive government policies, Colombia offers an attractive environment for manufacturers and investors seeking to expand their operations in the region. The presence of prominent companies in these sectors, such as Avianca, Medtronic, and Rockwell Automation Colombia, further reinforces Colombia’s position as a key player in the electronics manufacturing industry.

Panama, known for its iconic canal, has emerged as a prime destination for foreign businesses seeking to establish regional trade operations or manufacturing hubs, particularly in the electronics sector. The country’s strategic location, modern trade infrastructure, and economic and political stability create a thriving environment for commerce. With its impressive maritime, air, and digital connectivity, Panama is evolving from a mere transit point into a flourishing center of business. This growth is further supported by special economic regimes, such as the Colon Free Zone, Panama Pacifico Special Economic Zone, and the City of Knowledge, which offer incentives and benefits tailored to various industries. As more multinational companies recognize Panama’s potential, its electronics manufacturing industry is set to become an increasingly influential player in Central America’s economic landscape.