Manufacturing sector to invest US$2 billion on technology in 2018

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The manufacturing industry forecasts a 4% production growth rate for this year and investment with value surpassing US$2 billion for technological solutions. The products manufactured in Mexico during 2017 had a market value of US$380 billion, according to preliminary accounts, but if confirmed, this figure would signal a 5% upturn from last year. The Association for Manufacturing Technology, made up of 650 members, remarks that automotive and auto part, electronic, home appliance, medical device and capital products have been the most dynamic industries in Mexican manufacturing in recent years.