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With this boom in the packaging sector, machinery is more in demand, and the U.S. isdefinitely the first option for Mexican companies when acquiring new technologies.There is also a strong tendency to purchase new equipment in the sector and 85% of theequipment is imported, which represents an enormous opportunity for U.S. firms.The performance of the Mexican economy is one of the most important factors affectingfuture packaging machinery purchases. The large number of free trade agreements thatMexico has negotiated has created a more open and globalized economy. However, theglobal economic crisis has forced most packaging equipment users to freeze thebudgets for future equipment purchases, due in part to the instability of the peso inregards to both the USD and the Euro accentuated by the lack of realistic growthforecast and high interest rates for most loan suppliers.ResourcesPackaging Machinery Manufacturers InstitutePackaging Expo in Mexico:Mexican Packaging Association:Institute of Packaging Professionals:Mexican Institute of Packaging Professionals:Empaque Performance E-MagazineReturn to tophttp://www.pmmi.org/http://www.expopack.com.mx/http://www.amee.org.mxhttp://iopp.orghttp://www.envaseyembalaje.com.mx/http://empaqueperformance.com.mxFor more information on the packaging sector in Mexico, please contact:Mr. Juan Herrera, Commercial SpecialistU.S. Commercial Service, U.S. Consulate GuadalajaraJuan.Herrera@mail.doc.govTel: (011-52-33) 3615-1440 ext. 103Fax: (011-52-33) 3615 7665