American Industries: One of the 500 most important companies in Mexico
American Industries has long been a leader in industrial real estate and shelter services in Mexico. This has been reaffirmed by our inclusion in the list of the 500 most important companies in Mexico. American Industries effectively combines its services to facilitate the establishment and successful operation of international companies wishing to expand in Mexico.
The resilience of companies such as American Industries is evident in their steady growth, a testament to their stability and economic relevance. Several geopolitical factors have contributed to this growth, such as the post-pandemic normalization in the consumption of non-essential goods and services, the increase in oil production and prices, as well as the flourishing of service industries.
Context of the classification
The ranking by Expansión magazine, Mexico's leading business publication, adds further credibility to the performance of these companies. The magazine's annual list of Mexico's 500 most important companies is a comprehensive and rigorously analyzed overview of the business landscape, serving as a reliable indicator for investors, policymakers and other stakeholders.
Classification methodology
The list seeks to provide an overview of the leading Mexican companies in various industries and sectors. The methodology used to compile this list is rigorous and inclusive. An open call was issued to 2,500 companies-both private and public, national and transnational-to submit general and financial information, ensuring that the list is a reliable indicator of each company's financial performance and impact on the Mexican market.
Based on the meticulous methodology used to compile the list, it is important to note some general trends and observations about the ranking. Among the most represented sectors are the assemblers, telecommunications, energy and the automotive and auto parts sector, which rank third, sixth, seventh and eighth, respectively. In terms of the number of companies represented, the automotive and auto parts sector ranks third, followed by the mining sector in fourth place and the assembly plants sector in fifth place. Geographically, most of these 500 companies are located in states such as Nuevo León, Jalisco, Chihuahua, Guanajuato and Querétaro. In addition, the list is diverse in terms of country of origin, with the top 10 being Mexico, USA, Canada, Germany, Spain, France, UK, Japan, Sweden and Switzerland. This diversity and sectoral representation underscores the comprehensive nature of the ranking and its relevance to a wide range of stakeholders.
Upon closer examination of specific sectors, the resilience and adaptability of the Mexican economy becomes even more evident. Key sectors such as oil and gas, telecommunications and energy continue to perform well. In particular, the automotive industry, which faced significant challenges in the aftermath of the pandemic due to logistical disruptions and parts shortages, has recovered remarkably. Experts had called the situation a "perfect storm," but the industry has rebounded with production growth of 10.5% from January to April 2023 compared to the same period last year. Although the growth has been gradual, it is a sign of the industry's resilience and ability to adapt to changing circumstances.
Mexico's rise as a favored nearshoring hub is opening doors for several industries, especially in logistics and transportation. Companies such as Union Pacific have been actively taking advantage of these opportunities. Two years ago, Union Pacific invested nearly half a million dollars in an operations center in Eagle Pass, facilitating collaboration between U.S. and Mexican customs authorities, a major challenge for the industry. This investment has resulted in a successful model of cooperation that the company plans to duplicate at other rail border crossings. To strengthen its customer expansion, Union Pacific plans to invest an additional US$600 million in commercial facilities this year. This strategic outlay is intended to improve the competitiveness of rail transport and take market share away from semi-trailer transport, marking a fundamental shift in the logistics sector. In addition, last April, Canadian Pacific Kansas City Limited (CPKC), the company resulting from the merger between Canadian Pacific and Kansas City Southern, announced the opening of the T-MEC train. Unlike other rail operators, such as Union Pacific and Grupo Mexico Transportes (GMXT), which require transshipments across the border, CPKC trains and crews can operate throughout Mexico, the U.S. and Canada, facilitating the movement of goods throughout North America.
Another sector that stands out is industrial real estate, which is experiencing a new boom. Demand has skyrocketed, driven by the nearshoring boom, triggered by the pandemic, supply chain disruptions and tariff wars between China and the US, and the confluence of a set of favorable conditions such as the USMCA, improved connectivity and increased manufacturing output. From 2020 to 2021, demand for industrial space grew by a staggering 76%, followed by an 11.6% increase in 2022. This has resulted in an acceleration in the construction of industrial space, pushing the cost to an all-time high of an average of $$5.3 per square meter. Areas in northern Mexico, including Ciudad Juarez, Monterrey and Apodaca, are experiencing particularly high demand for industrial space, primarily for export and manufacturing purposes in Mexico. American Industries has capitalized on this growth, consolidating its position as a key player in this sector.
Maintaining Corporate Integrity: American Industries and the IC500 Index
In the area of corporate governance and ethical conduct, the IC500 Index serves as an important benchmark. Developed by Mexicans Against Corruption and Impunity and using Transparency International's Transparency in Anti-Corruption Reporting methodology, the index evaluates Mexico's top 500 companies based on five key factors:
- Statement of principles: It is the cornerstone of a company's anti-corruption policies and code of ethics. It describes the company's public commitments, including integrity policies and a zero-tolerance stance on corruption and bribery.
- Training and outreach: This factor evaluates the company's efforts to disseminate the values contained in the Declaration of Principles throughout the organization. It considers whether there is a training program and whether the governing bodies are explicitly subject to compliance with these principles.
- Availability of information: Companies score higher if they make their policies public, especially if these are available in Spanish on a Mexican website.
- Relationships with third parties: This crucial component evaluates the rules governing interactions with third parties, such as customers, suppliers, public officials and the business community in general.
- Information system: To ensure compliance with the established values, a robust monitoring and control system must be in place. This includes conditions for internal reporting, clear sanctions, guarantees of confidentiality and non-retaliation, and explicit channels for reporting.
It is worth noting that American Industries enjoys an impeccable reputation in this regard. The company not only adheres to these principles, but goes further in its commitment to corporate integrity. By making its anti-corruption standards accessible and public and establishing clear mechanisms for their enforcement, American Industries sets a standard for ethical conduct, earning its place among Mexico's leading companies.
American Industries - Industrial Real Estate Solutions
American Industries prides itself on its ongoing commitment to professionalism, top quality construction and maintenance in the industrial real estate sector. It offers a variety of services, including building leasing, site selection and property management. In addition, the company has a solution for any company's needs, from inventory buildings, build-to-suit facilities, warehouses and shared facilities.
The company has a presence in several cities and regions of Mexico, including Ciudad Juarez, Chihuahua, Delicias, Monterrey, Saltillo, Reynosa, Torreon, San Luis Potosi, Guadalajara, Queretaro, Leon, and other locations within the Bajio region. This broad reach allows American Industries to efficiently serve the needs of its current and new customers, as well as those of its suppliers.
Achievements in the real estate sector
American Industries has an impressive portfolio of industrial properties, with more than 140 constructed and leased buildings, covering a total area of 20 million square feet. The company also has new Class A buildings and a presence in more than 15 industrial parks throughout Mexico. With more than 160 tenants, American Industries has firmly established itself as a leader in industrial real estate.
As the company continues to grow, it aims to further expand its real estate offerings, focusing on innovation and sustainability to meet the evolving needs of its customers.
American Industries - Shelter Administrative Services
In addition to its industrial real estate services, American Industries offers a wide range of administrative shelter services that facilitate the establishment and operation of foreign companies in Mexico. It eliminates the learning curve of relocating to a new country by taking care of all the administrative and legal functions required for a business to succeed in Mexico, including Human Resources, Customs and Import/Export Administration, Tariff Optimization, Accounting, Tax and Fiscal Compliance, Legal Compliance, Environmental and Occupational Health and Safety, and Occupational Health and Safety, Tax and Fiscal Compliance, Legal Compliance, Environmental and Occupational Health and Safety, Procurement of Non-Production Goods and Services, Freight Forwarding and Warehousing Solutions, Expatriate Assistance, Networking with Organizations, Clusters and Governments, Site Selection and Ongoing Consulting Services. These comprehensive services enable companies to focus on their core activities, such as manufacturing and distribution, ensuring long-term success and growth.
Advantages of shelter services
One of the most significant advantages of partnering with American Industries is immediate access to crucial certifications, including IMMEX, IVA-IEPS and AEO. These certifications ensure compliance with Mexican regulations and offer important financial benefits. In addition, American Industries has cultivated important ties with local business partners, including unions, industry groups and organizations, educational institutions and government entities. These relationships provide valuable information and facilitate various aspects of the transition process, from regulatory compliance to market entry strategies.
American Industries' dual strengths in offering both industrial real estate and administrative shelter services make it a compelling choice for companies looking to establish or expand their operations in Mexico. Its recent ranking as one of Mexico's top companies is a testament to its resilience, innovation and commitment to excellence. As the company continues to grow, it is poised to set new benchmarks in both sectors, further cementing its reputation as an industry leader.
For more information on how American Industries can facilitate your company's expansion in Mexico, please contact us.
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Please note that we do not accept applications for employment here. If you are interested in applying for available vacancies, please visit the following link: https://www.americanindustriesgroup.com/jobs/
