Thursday, September 2, 2010

Maquiladora industry picks up after recession

The Monitor
August 31, 2010
By: Ana Ley

McALLEN — The maquiladora industry in Reynosa is recovering from a steady decline it experienced during the economic recession, according to Mexican statistics.

Export-related employment there grew by about 1,000 jobs in May, up from 76,000 jobs the month before, according to the most recent data available from Mexico’s National Institute of Statistics and Geography, known by its Spanish acronym INEGI.

Reynosa maquilas had as few as 69,000 jobs in May 2009.

Five U.S. companies opened shop in Reynosa this year and boosted employment there, said Keith Patridge, president and CEO of the McAllen Economic Development Corp.

“Then we have the existing companies that are ...

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