Mexican Journey

I returned to Connecticut on Wednesday after an eight day trip to Mexico. The agenda was action packed with a little business on the Arizona side of the border, and a lot of business on the Sonoran side. Horst Engineering’s operation in Nogales, Sonora continues to make progress. The Mexican business climate tends to mirror the United States. Sonora is heavily invested in the automotive industry, so there is a lot of concern about the global economic crisis. Mexico’s currency, the peso, has weakened considerably in the past six weeks. This activity is consistent with the currencies of other developing countries. With all of the turmoil, it is no surprise that the investors are returning to the relative stability of the dollar.

Mexico has had other challenges too. President Felipe Calderon has used his position to wage an all out war on the drug cartels. The cartels themselves have their own conflicts over territory and access to the lucrative drug market to the north of their border. The violence throughout Mexico, but particularly in border towns has escalated. When you visit Mexico, you see tremendous contrasts. The middle class is emerging through the growth of industry, but the difference between those with resources and those without is big. There is a huge gap in income levels from top to bottom. Mexico remains a key trading partner for both the US and Canada. It will be interesting to see how they emerge from this world financial crisis. Will the country be stronger? We will see.

0 Responses to “Mexican Journey”



  1. Leave a Comment

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s




Horst Engineering Family of Companies

Cross Spikesβ„’

Instagram

Not a bad #sunset in #vermont ### #nembafest #kingdomtrails
Good first afternoon at #nembafest at @kingdomtrails in #vermont ### #mountainbiking @the_ccap #teamhorstsports @horsteng #teamhorstjuniorsquad #kingdomtrails #vanlife
The first #Bolton Summer XC Series Race of the season. Plus, a vintage @mootscycles mountain bike with some trick parts! @shenipsitstriders #shenipsitstriders #trailrunning #crosscountry #boltonheritagefarm
Good day at #mountgreylock @trailrunningmom ran her 20th consecutive Mt. Greylock Trail Race. I did the 5K with the kids and then rode to the top. Trophies went to Deb and Shep. #trailrunning #cycling #shenipsitstriders #teamhorstsports πŸƒβ€β™€οΈπŸš΄πŸ½β›° πŸ†
Good to be back at #windingtrails for the Summer #Triathlon Series. #mountainbike #trailrunning #sunset
Livingston Family firefighters. πŸ”₯ πŸ‘©β€πŸš’ πŸš’ When @trailrunningmom β€œsmoked” the obstacle course AND added some push-ups for good measure, the Chief pulled out his business card and made a pitch for her to join the squad. I thought I was the competitive one, but she can turn anything into a competition! The kids had a blast too at family day.
From race directing to @thecubscouts directing. Proud day for our son, @trailrunningmom and the rest of #cubscouts Pack 157 Den 5 as they earned their Arrow of Light. Four of her boys are moving to @boyscoutsofamerica #scoutsbsa after five years of fun and learning.
Little D and I ran the @shenipsitstriders #soapstonemountaintrailrace Jerry Stage Sampler 6K with a bunch of other crazies! Tackling the infamous Sandpit with its 40% gradient and slick conditions was great fun. #trailrunning #shenipsitstriders #teamhorstsports πŸƒβ€β™€οΈβ›°
Start of the @shenipsitstriders 34th annual #soapstonemountaintrailrace This is the 15th year as Race Director for @trailrunningmom #trailrunning #shenipsitstriders #teamhorstsports β›°πŸƒβ€β™€οΈ

Follow me on Twitter

Categories

Archives

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 308 other followers


%d bloggers like this: