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G.M. is investing $5 billion to upgrade its plants in Mexico. Toyota, Volkswagen, Honda and BMW are all adding jobs and new products at their Mexican facilities. And as with Ford, any manufacturing those companies keep in the United States will probably involve more expensive vehicles whose profit margins justify the higher labor costs of building them.
There is now a highly skilled, and educated workforce that can excel in all the major industries in Mexico. Gone is the day of only simple assembly and low-tech manufacturing in Mexico. Now the country is attracting large, multinational manufacturers from virtually every industry.