Expansion Project into Juarez, Mexico
Prepared for
Donald Butler, CEO
Grace Binder, Human Resources VP
Board of Directors
James Oliver, CFO
MID-WEST Electronic Components
1 Plaza Dr.
Boulder, CO 80329
Prepared by
Jane Doe, Research Analyst
MID-WEST Electronic Components
1 Plaza Dr.
Boulder, CO 80329
December 3, 2011
Jane Doe, Research Analyst
1 Plaza Dr.
Boulder, CO 80329
December 3, 2011
Donald Butler, CEO
Mid-West Electronic Components
1 Plaza Dr.
Boulder, CO 80329
Dear Mr. Butler:
As per your request in October 2011, I have completed my report for the relocation process into Juarez, MEX. You will find my findings and the feasibility of expanding our plant into Mexico and my recommendations for this plan.
Ciudad Juarez is under the umbrella of NAFTA, North American Free Trade Agreement which was implemented on January 1, 1994. The purpose for NAFTA was to remove tariff barriers between Mexico and the United States and Canada.
While doing the market analysis, I researched several issues to include, location, customs, border crossing passes, diversity in living accommodations and the cities economic standings. My findings will show that Ciudad Juarez, despite their drug wars, is still an attractive city to expand our electronic company into.
Ciudad Juarez was ranked as the top city in Mexico for Export related jobs in the Maquiladora Manufacturing Industry and Export Services employment. Expanding our company into this country will not only be an asset for our company but we will be making a name for our company in the import/export business world.
There were several useful cites and resources I used while researching for this proposal. The city of Juarez’s relocation services was very helpful and attentive as was the cities Chamber of Commerce and the Mexican/American consulates as well.
I want to take this opportunity to “Thank you” for giving me
References: (2011) Travel Warning US Department of State. Retrieved from http://www.mexico.us/travel/business/negocios/maquiladra_employment/ (2005) Hill, K & Wong, R Mexico -U.S. Migration, Views from both sides of the Border retrieved from http://www.jstor.org.pegleg.park.edu (2011) Facts About Mexico Retrieved from http://www.facts-about-mexico.com/mexican-culture.html. Gibbs, H. (2003). Moving to Juarez. Retrieved from http://www.smf.juarez-mexico.com/index.php?topic=17.0 (2011) January (2007). What to Expect on a visit to Juarez, Mexico. Retrieved from http://cultureclashing.blogspot.com/2007/01/what-to-expect-on-visit-to-juarez.html (2011). TeamNAFTA.com. Featured Market: Cd. Juarez, Mexico. Retrieved from http://www.teamnafta.com/index.php/Market-Profiles/juarez-manufacturing-industrial-maquiladora-mexico.html Wilson, E. (1987). Keys to Undertstanding Mexico. Retrieved from http://www.heritage.org/research/reports/1987/07/keys-to-understanding-mexico-the-pans-growth-as-a-real-opposition (1994) http://www.ustr.gov/trade-agreements/free-trade-agreements/north-american-free-trade-agreement-nafta (2011).What is the Mexican Peso? Retrieved from http://www.gocurrency.com/countries/mexico.htm