Mexico’s booming Aerospace manufacturing Industry shows no sign of slowing down

The aerospace industry in Mexico has become one of the country’s most lucrative industries. The number of aerospace companies in Mexico has grown from 210 to 310 between 2010 and 2015. However, the business has been steadily growing since the Bombardier Aerospace built its facility in the State of Querétaro in 2004-2005. This attracted the attention of foreign companies about the promising aerospace industry in Mexico. The aerospace sector does not manufacture large aircraft but consists of part manufacturing firms, service providers, and technical schools and universities.