There are opportunities for the aeronautics industry in Mexico

For Mexico's aeronautical industry compared to the rest of the world there are opportunities, since it complies with the USMCA rules, and therefore the tariffs imposed by the United States do not apply, while they do affect Europe and Asia, said Eduardo Garza T. Junco, general director of Frisa and former president of Caintra Nuevo Leon.

“For example, in the aeronautical industry there are no tariffs for Mexico, but there are for Europe and Asia”, said the executive in the framework of the Tec Business Summit 2025, held by the EGADE Business School.

Frisa is a Monterrey-based company that manufactures forged parts and rolled rings, mainly for the aeronautical industry. Garza indicated that they export all over the world, however 60% of their production goes to the United States.

"The steel industry is being impacted (by the 25% tariffs). In the end, as a company we are seeing how to navigate and take advantage of the opportunities that this tariff war brings, and where it is having an impact, we are seeing how to compensate for it," the executive emphasized.

He acknowledged that there is an impact on steel, and that is why he expects Mexico to reach an agreement with the United States.

"The steel that we manufacture we convert into components in which (the tariffs) do not apply. In our case, as in the case of many exporters, we are not automotive companies," he clarified.

Therefore, they see opportunities to be more competitive and very focused on a market that needs these exports.

For Frisa's CEO, it has been an advantage to be classified in the aeronautical sector, because as a company that sells its production to the aerospace company Boeing in the United States and Europe, if the value chains end up with a particular market, the European ones will end up penetrating (that market).

He stressed that the aviation industry has a limited capacity, and one of the important things is to continue recognizing that the U.S. market is an opportunity for Mexico and at the same time it must have the ability to diversify.

“As businessmen we have to be very flexible, being optimistic that we will be able to negotiate in a way that Mexico will be in a good position, and that there will be more opportunities,” concluded Garza T. Junco.