Indianapolis News and Headlines


What you need to know about Monterrey, Mexico

Posted at 5:46 PM, Feb 23, 2016
and last updated 2016-02-23 18:26:57-05

MONTERREY, Mexico -- Hundreds of Hoosier jobs are moving to Monterrey, Mexico, a city that is one of the three most important economic centers in the country. 

Carrier is relocating 1,400 jobs from Indianapolis to Monterrey over a 3-year period, according to the company. The work movement is expected to start in 2017, with completion in 2019. 

The company currently employs 2,000 people in four facilities in Monterrey. Carrier's connection to Monterrey stretches back to the 1930s, when the company established a large manufacturing facility as one of its first international sites outside of America. 

According to American Chamber Mexico, Monterrey -- which is the capital city of the state of Nuevo Leon -- has more than 4 million people, accounting for 4.2 percent of the country's total population, and 11 percent of the country's total manufacturing output. 

The business organization says Nuevo Leon's GDP per capita in 2012 was $19,887. 

Nuevo Leon hosts more than 2,600 foreign companies including American Express, Accenture, Caterpillar, Cemex, Hershey, Delloite, The Home Depot, John Deere, Kraft, Mars, Mary Kay, Pepsico, Whirlpool, and many more, according to American Chamber Mexico. 

Monterrey is two hours south of the Texas border and is known as "The City in the Mountains." 

According to Aeropuerto de Monterrey, the city has several museums and hosts different national and international events. 

American Industries, Mexico's leading manufacturing facilitator, says the city is in a strategic location and has modern infrastructure, including a railway and metro system. 

FULL COVERAGE | Trump weights in on Carrier relocation to Mexico | Carrier: Company did not receive $5M in federal stimulus funds | President of United Steelworkers Union: No hope of saving 1,400 jobs | Carrier employees, local businesses reel after announcement of move to Mexico | WATCH: Employees react to news that Carrier is moving from Indy to Mexico | Pence to review Carrier's plans to move to Mexico | TRUMP: Carrier should be taxed for their goods after move to Mexico | Hogsett, Donnelly meet with Carrier workers | City, state stepping in to help Carrier employees | Indiana leaders ask Carrier for a meeting to try to keep the plant, jobs in the state | 


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