Fifteen Michigan companies join MEDC to attend international business convention for the automotive industry
Business leaders from fifteen Michigan companies are joining the Michigan Economic Development Corporation at Automotive Meetings Queretaro, taking place Feb. 19-21 in Queretaro, Mexico.
“As a developing global player and our second-largest trade partner, Mexico is a viable market for a wide range of products and services,” said MEDC Chief Executive Officer Jeff Mason. “This trade mission will open doors for these companies by helping them identify and enter into new relationships in the important automotive sector, ultimately growing their businesses and bringing more and better jobs to Michigan residents.”
Automotive Meetings Queretaro allows Michigan companies to make connections with Mexican automotive OEMs and Tier 1 and Tier 2 suppliers in an effort to grow exports to the Mexico market. In addition to increased export sales, Automotive Meetings Queretaro allows MEDC to continue to build strong relationships with Mexican automotive buyers with the objective of finding new procurement opportunities for Michigan suppliers.
Automotive Meetings Queretaro is the only event for auto supply chain in Mexico and offers participants the opportunity to engage in one-to-one meetings, conferences, OEMs procurement and supply chain policies sessions, and workshops. The event draws attendees from all over the world and in 2017 over 800 companies participated, more than 12,000 face-to-face meetings took place, and 22 countries were represented. Amanda Roraff, PlanetM operations manager, will be speaking at this year’s event about Michigan as the epicenter of the future of mobility.
Participants will also benefit from a detailed profile of their capabilities in the online catalogue and receive their own kiosk in the Michigan booth at the show. The participating companies are:
This is the fourth time MEDC has taken Michigan companies to Automotive Meetings Queretaro. Over the past three events, the Michigan delegations have included 54 companies with a total of 986 individually scheduled B2B meetings. Facilitated export sales to Mexico in fiscal year 2018 were more than $119 million.
MEDC's International Trade Program is committed to increasing Michigan’s exporting opportunities by helping businesses identify and enter key emerging foreign markets. Export sales facilitated by the MEDC International Trade program totaled more than $641 million in fiscal year 2018, surpassing the goal of $630 million. This puts the International Trade program-to-date total facilitated export sales more than $2.6 billion. Top reported countries for export sales include Canada, Mexico, China, and the United Kingdom.
PlanetM is a partnership of mobility organizations, communities, educational institutions, research and development, and government agencies working together to develop and deploy the mobility technologies driving the future. Available to any mobility-focused company or investor, PlanetM is a no-cost, concierge service that connects startups, businesses and communities to Michigan’s mobility ecosystem — the people, places and resources dedicated to the evolution of transportation mobility. Michigan has always been the leader of the automotive industry, and as transportation technologies continue to evolve in amazing ways, Michigan is continues to lead the way. Visit PlanetM.com to learn more.