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Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-15-11 12:49 PM
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US businesses reluctant to open in Mexico
Source: AP

By MARTHA MENDOZA

MCALLEN, Texas (AP) - Dozens of Mattel Inc. employees were on their way to another day of work making Power Wheels in Mexico's industrial heartland when gunshots erupted around them and a grenade ripped into one of their buses, killing one worker and wounding five.

The battle between drug traffickers and the army near the city of Monterrey last week was the sort of violence that is frightening U.S. companies away from new investments south of the border, where organized criminals are increasingly turning to kidnappings, extortion and cargo thefts despite a government offensive against drug cartels.

"These acts of violence are not happening in a vacuum; they're happening in the street that could be right out in front of your building. Bullets get shot and they have to stop somewhere," said Dan Burges, a senior director at Freightwatch Inc., an Austin-based cargo security firm.

As a result, only half of the U.S. firms surveyed recently by the U.S.-Mexico Chamber of Commerce said they would go ahead with new investment plans in Mexico and several companies, including Whirlpool Corp., have recently announced they would put new factories elsewhere citing concerns about safety.


Read more: http://apnews.excite.com/article/20110515/D9N7U78G2.html



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Associated Press Latin America Regional Editor Marjorie Miller and AP writer Eduardo Castillo in Mexico City contributed to this report.

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http://twitter.com/mendozamartha
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DBoon Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-15-11 01:38 PM
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1. US companies always looking for the cheapest labor
see what they get in return
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williesgirl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-15-11 01:49 PM
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2. Aw, I feel so sorry for these companies - HELL NO. Make it here in the USA
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murielm99 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-15-11 01:59 PM
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3. They won't.
They will find some other cheap labor country.
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McCamy Taylor Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-15-11 02:43 PM
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4. Means U.S. business will be the one to get marijuana made legal
Edited on Sun May-15-11 02:43 PM by McCamy Taylor
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2Design Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-15-11 03:39 PM
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5. maybe this will at least stop jobs going south
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