Mexico's transcontinental corridor – a threat to Panama?
TIC-tock for the Canal
PLD: REBOUND MATTERSAMZN: MULTI-BILLION LONG-TERM MEXICO INVESTMENTDSV: WEAKENING TO TWO-MONTH LOWSKNIN: ANOTHER LOW PG: STABLE YIELDAAPL: GAUGING EXPECTATIONSXOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS
PLD: REBOUND MATTERSAMZN: MULTI-BILLION LONG-TERM MEXICO INVESTMENTDSV: WEAKENING TO TWO-MONTH LOWSKNIN: ANOTHER LOW PG: STABLE YIELDAAPL: GAUGING EXPECTATIONSXOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS
Here it is. A definitive example of on-shoring. Motorola Mobility – now owned by Google – is to make its smartphone in Fort Worth, Texas, at a new plant which will hire 2,000 workers. Operated by Flextronics, a Singapore-based equivalent to Foxconn which also offers logistics services, the facility will join other Motorola Mobility plants in Brazil and China which were acquired by Flextronics in December. In a recent chat with The Loadstar, a source at Flextronics said the company did its utmost to keep out of media scrutiny. “Foxconn has had all sorts of trouble from publicity – we prefer to stay out of the spotlight,” he said. Which could be partly why Apple is shifting its supplier base. Presumably, however, a new plant in the US is the kind of publicity Flextronics is happy to have.
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