A “connecting bridges” event between Michigan and Latin America will take place at Port Authority tomorrow November 17th, between 9:30 am and 12:00 pm.
The event was organized by the Michigan International Trade Association, in collaboration with the Wayne County Port Authority and the Consulate of Mexico in Detroit, in order to promote the connection and help increase trade between Michigan entities, Mexico and other nations in Latin America.
Mexico is Michigan’s second largest trading partner, and Michigan companies such as American Axle and Manufacturing, Cooper-Standard, Lear, Kelly Services, Steelcase, Whirlpool, Federal Mogul Corporation, as well as the Big Three, have facilities in Mexico. At the same time, numerous Mexican companies such as Metalsa, Sanborns, Sydsa Señales y Dispositivos, Cemex, Grupo Bimbo, and others, have also opened facilities in the state.
“Mexico’s expanding and highly diversified economy provides strong opportunity for Michigan companies”, states Pure Michigan’s “Michigan/Mexico trade profile” website. According to this report, exports from Michigan to Mexico have increased by more than 11.4% in the last four years, and in 2013 the Michigan Economic Development Corporation established a Mexico trade office in partnership with the Council of Great Lakes Governors that “provides Michigan companies with an invaluable resource in the Mexican market”.
Trade between Michigan and Mexico represents 20% of all Michigan exports. In 2013, Michigan exports to Mexico amounted to $12,171,953.122.00, while Mexican exports to Michigan represented a total of $40,258,564,119.00. Products and services traded include metals (iron and steel), rubber, leather, transportation equipment, machinery, furniture, chemicals, computer and electronic products, vegetables, plastics, and medical and surgical instruments.
The “Michigan Entities Increasing Trade with Hispanic Nations” event will take place at Port of Detroit, 130 E. Atwater Street, Detroit, MI . This authority coordinates river trade on the waters and shoreline of Wayne County. Guests speakers include the Hon. Juan Manuel Solana, Consul of Mexico in Detroit, and Harvey Santana, Michigan State Representative.
There are 20 complimentary tickets available to business owners (or their representatives) who are interested in attending this presentation and meeting both with the Consul of Mexico in Detroit and with the representatives of Port Authority.
Continental breakfast will be served at the event, and parking will be available at the Miller Parking and surrounding lots.
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