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Monterrey Nuevo Leon, Mexico
Founded: 1596
Head of Government: Mayor Adalberto Madero
Population: 3,684,845
Area: 332 sq. mi
Elevation: 1,740 ft
Main Industries: maquila industry, tourism, military
Monterrey is the chief center for industrial activity in Mexico. Its proximity to the United States and its developed industrial base have enhanced the Monterrey standard of living and made the city a major center for commerce. Often called the “Industrial Heart of Mexico,” Monterrey is home to over 13,000 manufacturers who produce 9.4% of Mexico’s manufactured products.
The recent economic boom in steel production, cement, glass, and auto parts has lead to higher per capita incomes throughout the city. A major part of this milestone is derived from the fact that trade between Mexico, the United States, and Canada has tripled since the implementation of NAFTA in 1994. Future forecasts predict even more growth leading to an upgrade in infrastructure, the creation of more jobs, and a stronger economy.
Additional internet resources:
http://www.ocvmty.com
| Monterrey City Seal
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