submitted by Anne MM, MDNA
With GIFA Mexico from October 16 – 18, 2024 in Mexico City, Messe Düsseldorf will not only provide companies from Mexico and the region with a new platform for the global metallurgy and foundry industry but also give international exhibitors and industry experts a unique opportunity to build their business relations and gain a foothold on the emerging Mexican market.
Together with the world-leading trade fairs GIFA, METEC, THERMPROCESS and NEWCAST, held as “The Bright World of Metals” at the homebase Düsseldorf, Germany from June 12-16 June 2023, and its satellite events in India, Southeast Asia and Indonesia, GIFA Mexico will become the hub for innovations, know-how and business opportunities in the metal-working industries next year.
Mexico gaining importance as emerging market
Mexico is gaining in importance as an emerging market located between the U.S. and Latin America, and in this key position is an important growth market for the global foundry and metallurgy industry. Demand for cast components is increasing, particularly strong from the Mexican automotive industry. Cars are the country’s most important exports, with a total value of $41.6 billion, ($27.1 billion), computers ($31.5 billion) and delivery vans ($23.8 billion). Therefore, Mexico’s potential is very large, especially in the segments of die-casting technology and aluminum casting and is of tremendous importance to equipment providers and upstream suppliers serving die-casting companies.
A major share of the metal die-casting production is accounted for by aluminum, grey iron (29% each) and ductile iron (20%). Well over half of the production (63%) goes to the automotive sector, where more and more international industrial groups are establishing production sites in Mexico. These are decisive reasons for Messe Düsseldorf to enter the Mexican market – initially as an investment business with GIFA Mexico held as part of the long-established Mexican trade fair FUNDIEXPO. GIFA Mexico is planned to be held every two years starting in 2024.
“Mexico is a booming international location offering vast growth potential especially for the foundry industry. This is why we are consistently expanding Messe Düsseldorf’s “Metallurgy & Foundry Technology” portfolio to include GIFA Mexico. Following METEC India (2004), GIFA and METEC Southeast Asia (2022), GIFA and METEC Middle East Asia (2023), GIFA and METEC Indonesia (2023), GIFA Mexico is the next milestone,” stated Malte Seifert, Director Portfolio Metals, Energy & Autonomous Technologies at Messe Düsseldorf.
FUNDIEXPO – the leading metal and foundry trade fair
Since 1960, the leading trade fair for the metal and foundry industry, FUNDIEXPO, has been a firm fixture in Mexico’s event calendar. It is organized by the Mexican Foundry Society, A.C. (Sociedad Mexicana de Fundidores, A.C./ SMFAC), Messe Düsseldorf’s international partner.
Mexico’s appeal for foreign investors is reflected by the fact that 1,900 companies from Germany are already engaged locally. Mexico is also a priority country for the German Federal Ministry for Economic Cooperation and Development (BMZ) and the German Society for International Cooperation (GIZ). With a population of almost 130 million, large oil and gas reserves and rich mineral resources such as gold, silver, lead, zinc and copper, Mexico is an interesting environment, particularly for European and German investors.
GIFA MEXICO
GIFA Mexico will cover a comprehensive spectrum of machinery, plant, materials and technological innovations ranging from additive manufacturing and foundry machines to castings for a variety of application industries – from the automotive, construction, energy and gas industry to users from metal and steel plants.
To exhibit at GIFA Mexico 2024 as part of FUNDIEXPO 204, register with Sarah Möller at MoellerS@messe-duesseldorf.de or contact Messe Düsseldorf North America; Telephone: (312) 781-5180; E-mail: info@mdna.com;Further information will be available soon at www.gifa-mexico.com.
Photo credits: KUKA.com
