| Tepic Industrial Profile |
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POPULATION The city of Tepic has an estimated population of 305,000, which equates to 33% of the state’s population of 920,000. (source — INEGI 2000) STATE DESCRIPTION The state of Nayarit is located at the heart of the Mexican Republic. The state of Nayarit enjoys a variety of climates, due primarily to its unique and diverse location, and its predominantly warm and sub-humid climate. The lowest altitude above sea level is found is San Pedro 23Ft, the highest is in La Sierra de Huajimic, with an altitude of 1,150Ft. Nayarit has a territorial extension that covers 15.3 Million acres of land including the archipelagos of the Marias islands, the Mariets and the Isabel Island. Nayarit has a great bio-diversity, which ranges from mountains, forests, farmland, grazing land, valleys, volcanoes, rivers, lakes, lagoons, swamps and a 179-mile coastline. LOCATION Nayarit shares borders with Sinaloa, Durango, Zacatecas, Jalisco, and on the west the Pacific Ocean. Situated between the parallel, 20° 37’ 23° 00’ north latitude and the meridians 103° 58’ 105° 45’ longitude west. REGIONAL INFLUENCE The state of Nayarit is developed as basically an agricultural state. The aquaculture in Nayarit generates an average 1,400 tons of shrimp annually. The fishing industry employees 8,125 people and is located primarily along the coastal area. Pine and Oak Forest represent a large percentage of the forestry industry in Nayarit. The agroindustry has approximately 159 establishments; this has grown the number of packing companies, which now stands at 39. Nayarit also has 43 coffee plantations. The industrial activities carried out in Nayarit are concentrated in the Mining, Manufacturing, Construction, and Power generation. PROXIMITY TO U.S. CITIES (Distances by land and sea to the principal ports of the Gulf of Mexico)
The Workforce DEMOGRAPHIC IMPACT EMPLOYMENT CONSIDERATIONS UNEMPLOYMENT PERCENTAGE Click Here To Register AVAILABILITY of LABOR SKILL RANKING Aquaculture and Agriculture are the primary skill sets developed by the workforce of Tepic. EDUCATION and TRAINING The following is a current breakdown of the education system of Tepic.
TURNOVER RATES Tepic has long had a reputation for harmonious labor relations. Turnover rates usually run Click Here To Register Overview Of all of the manufacturing inputs, labor is the only one less expensive in Mexico. Everything else costs more, from shipping to telecommunications, to energy, to real estate, to the cost of capital. Accurate information on labor rates is therefore of paramount importance to any company considering manufacturing in Mexico. Wage rates in Mexico are controversial. The government, in conjunction with union representatives and members of the largest industrial organizations, adjust the minimum wage on an annual or semi-annual basis. There is a minimum wage rate for 88 different "professional classifications" that vary from construction supervisor to shoemaker. Few workers earn the minimum wage, especially in the export-manufacturing sector. 47% of employed workers in Mexico earn more than twice the minimum wage, and 11% earn more than five times the minimum wage. The minimum wage in Mexico is in reality a benchmark or reference wage, used by the government to direct increases in salaries that are congruent with its monetary and fiscal policies. The wage rates below are the product of a survey done by the state government on certain industrial parks. The wage rates below are the product of a survey done by the state government on certain industrial parks. Monthly salary for executives and employees in US dollars not including benefits
Source: Bancomext 1999-$9.00/USD Hourly salary for laborers in US dollars, including obligatory benefits
Source: Bancomext 1999-$9.00/USD Exchange rate at $9.50 pesos per $1.00 US INDUSTRIAL COSTS Electricity USD @ 9.40
Source: Bancomext 1999-$9.00/USD Costs increase 1% per month Fossil Fuels USD @ 9.40
Source: Bancomext 1999-$9.00/USD Costs increase 1% per month Water USD @ 9.40
Source: Bancomext 1999-$9.00/USD INDUSTRIAL REAL ESTATE A current survey of industrial parks in the city of Tepic with a variety of options, reveal the following average prices per sq. ft. in US dollars.
Source: Bancomext 1999-$9.00/USD Exchange rate of $9.40 pesos per dollar INFRASTRUCTURE The state of Nayarit and the city of Tepic are economically based largely on the industries of Agriculture and Fishing; therefore the infrastructure is largely developed to suit those industries. Nayarit’s position as a strategic center for western Mexico, is complimented by growing infrastructure and communication facilities. The state has ready access to transportation networks, which include air, sea, rail, road and rivers. The state of Nayarit has 2,067 Miles of interstate highways divided by 248 Miles of federal highways. The railroad infrastructure presently operating within the state has a length of 194 Miles; it has 24 secondary tracks and 3 commercial stations that lead to the central Mexican Railroad system. The Support SERVICE and SUPPLIER COMPANIES Tepic has the necessary industrial zones and infrastructure to host light, medium and heavy industries. Most of the maquilas in the state today are Textile based operations however, there is also an agro-industrial base The Politics UNIONS Tepic has long had a reputation for harmonious labor realtions. ASSISTANCE Nayarit has implemented strategies targeted to make it a competitive entity with respect to other states and regions in the country. Some of the available incentives are listed below.
OTHER BIG NAMES
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DISADVANTAGES
The Conclusion Because of its geographical location it is adequate for exporting and shipping intensive operations. Companies dependant of the agriculture industry might do well to consider the state of Nayarit. |
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