Horn Opens Subsidiary in Mexico in 2016

Developments in the southern United States and a positive work ethic among the population are what has made Mexico so strategically important to Horn's position on the global market.

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Achieving a gross domestic product of $1,276 billion, Mexico was responsible for Latin America's second strongest economic performance last year. The country has the region's second biggest population and third largest territory and accounts for around 2.1 percent of the world's GDP. Exports remain the driving force behind the country's growth, with the automotive industry and its suppliers particularly well placed to build on the achievements of 2012, a record year. The aerospace sector, pharmaceuticals, medical technology, mining, the electrical industry and the transport sector are also experiencing an upsurge.

Developments in the southern United States and a positive work ethic among the population are what has made Mexico so strategically important to Horn's position on the global market. Now, Horn is set to open a Mexican subsidiary at the start of 2016, the aim being to provide the machining market with support in the form of highly qualified, local staff who know both their subject and the market.