Losses to industry expect to total US$800 million The Camara Nacional de la Industria de Transformacion (CANACINTRA) estimated losses to Mexican industry at about US$100 million per day, or about US$800 million for a week.
Canadian Manufacturers & Exporters (CME), Ottawa, and the Camara Nacional de la Industria de Transformacion (CANACINTRA), Mexico City, announced the formation of the NAFTA Industry Alliance, a partnership to promote economic growth and other mutual goals among the member nations of NAFTA.
The Reynosa, Mexico operations of Andrew Corporation has received the prestigious Industry of the Year Award for 2007, an annual regional award jointly given by the Mexican government's Secretaria de Economia and the local chapter of the Camara Nacional de la Industria de Transformacion (Canacintra), a 66-year old organization dedicated to promoting Mexican industry worldwide.
2% rate recorded in 2004," said the Camara Nacional de la Industria de Transformacion (CANACINTRA), which said expansion would be hampered by the Fox government's lack of a clear industrial policy.
The Camara Nacional de la Industria de Transformacion (CANACINTRA) went as far as to guarantee the creation of 200,000 new jobs if the Fox government would implement a scheme that ties natural-gas prices to the costs of production in Mexico, and not to movements in the US market.
These reforms are a good signal from the government to investors who want to become involved in the maquiladora sector," said Rene Ortiz Muniz, vice president of trade and international affairs at the Camara Nacional de la Industria de Transformacion (CANACINTRA).
We pay prices that are on par with those in Texas," said Cesar Conde, president of the chemical-industry council at the Camara Nacional de la Industria de Transformacion (CANACINTRA).
Yeidckol Polevnsky, president of the manufacturing-oriented Camara Nacional de la Industria de Transformacion (CANACINTRA), said the early repayment reflects Mexico's financial stability and strengthens its international debt ratings.
