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US election chills Mexico aerospace business

Wednesday, October 19, 2016


Talk of trade protectionism this presidential season is having a chilling effect on U.S. aerospace companies looking to locate production south of the border.
 
"Many U.S. suppliers have recently been moving aircraft parts production and assembly to Mexico as a way of lowering their cost base," Canaccord Genuity aerospace analyst Ken Herbert said in a recent research note.
 
Source: CNBC