Helical gearboxes H3 redutor flender H3CV-23-C

Flender/Flender Gear Units/Helical gearboxes H3

dical and group life insurance, particularly for white collar employees and executives. Government Policies and Programs During 1-8, Mexico embarked on program to modernize and revive its economy by opening its markets to limited foreign investment and imports. In, an effort to accelerate the in-depth industrial structural reforms required to diversify its export base, Mexico further liberalized its foreign investment laws in 1 to permit 1-percent foreign ownership of Mexican enterprises up to $1 million. These foreign investment regulations were designed to increase new investment in previously restricted sectors of the Mexican economy such as auto parts, iron and steel, and glass production. 4 These new foreign investment reforms are likely to accelerate the amount of direct foreign investment, which totaled $2.3 billion in 1. According to Government estimates, nearly 7 percent of total investment will be in manufacturing, 2 percent in service industries and commerce, and the remainder in the mining industries. 4 Other emerging areas of foreign investment include Mexico' maquiladora program, also known as the Border Industrialization Program, or BIP. Instituted in 1 to provide permanent employment for Mexico' rapidly growing population, the maquiladora program has expanded rapidly in recent years as result of series of devaluations of the Mexican peso, which has effectively decreased wages to below $1 an hour. The 4 .. International Trade Commission, Ope ration of The Trade Agreements Program, July 1, pp. 1-1. 4 " Brief Outline Of New Foreign Investment Rules In Mexico," Twin Plant News, pp. 1-2. -1 maquiladora program sought to attract an infusion of foreign capital and technology that would help to develop modern industrial base along the United States-Mexican border. Consequently, numerous .. and Japanese firms have shifted labor-intensive production to Mexico. In particular, Japanese investment has been growing rapidly; presen