This is a recap of the Global Manufacturing and Growth Summit, part 1.
Global Chamber® held a multi-metro seminar in 5 locations with manufacturing, marketing and other executives discussing successes and challenges entering new markets and setting up facilities in other regions, with focus on... Japan, China, Mexico and the U.S.
This event was held in collaboration with ProMexico. Contact us for more information.
Watch the 1st panel HERE on youtube.
Read more including part 2 HERE.
Attendees joined in person in 5 locations in Asia and North America, and also attended virtually. Manufacturers in segments including aerospace, automotive, consumer and industrial attended this event to learn more about growing into new markets, site selection and other factors influencing cross border growth.
Purpose: Share ideas, issues and tips about evaluating and operationalizing growth and manufacturing between Asia and North America, and the US and Mexico.
Attendees: Executives in business, finance, marketing, operations and sales who are evaluating cross-border growth opportunities and next steps.
Market Entry/Growth Panel Discussion
- Jan Knight, Principal at Bancroft Information Services (Tucson) - "Cross Border Market Research"
- Hiroshi Konno, President/CEO at Konno Corporation (Tokyo) - "IoT Trends and Opportunities"
- Eric Miller, Co-Owner and Principal, PADT (Phoenix) - "Product Development in a Global World"
- Vinayak Gupta, EVP Operations at Zero Mass Water (Phoenix) - "Growing & Operating Cross Border, Marketing Side"
- Eduardo Gonzalez, Dep. Trade & Investment Commissioner, Promexico (Phoenix) - "Growing & Manufacturing, US vs Mexico"
- Gus Scannapieco, CEO, Global Business Ventures (Nashville) - "Next on NAFTA"
Here are three key take-aways from member Jeanne Leckie of Leckie Group, Jeanne and her team does work all around the world and primarily between North America and Asia.
- Geopolitics is a challenge for all businesses and especially for business leaders who are navigating world views
- Collaboration is growing across-borders, and cross broader-partnerships are on the rise
- Digitizing specializations or advanced skills is now the norm, and all businesses are facing the realities of flattening their organizations and adding international projects for both business execution and cost efficiencies
- Toyota’s position is somewhat uncertain about US geopolitical aspects, and further about consumer demand for growth of automotive
- Japan's approach on Mexico is most dependent on the result of next year's election. If status quo results... growth will continue and expand
- All parties consider the opportunity of renegotiating NAFTA to include the potential of adding in aspects of TPP
- There are opportunities for Canada and Mexico to join APAC directly without the US depending on the US’s approach on NAFTA
- Everyone agrees that NAFTA needs to be re-worked to evolve into the Digital Age on topics like cybersecurity, since it was signed in 1993.
Thank you speakers and participants.
Mexicali Economic Development Corporation. The Mexicali EDC is a nonprofit organization working to attract, support and retain businesses in the industrial and manufacturing sectors of Mexicali, Mexico... providing a 'soft landing' for global companies.