Nuevo León economy

Infrastructure

Nuevo Leon has a solid infrastructure for commerce and manufacturing:

• 8-track border crossing with technology to accelerate inspections
• Diploma-level schools and three of the best universities in Latin America
• 57 industrial parks
• Highways, trains and airport
• Abundant gas supply and a good distribution infrastructure
• Reliable electricity supply and the only biomass electricity plant in Latin America
• Recycled water for industrial use (Monterrey recycles 100% of its water)

Companies based in Monterrey

People in Nuevo León take pride in our long entrepreneur tradition.

Businesses based in Monterrey	Industry
Alfa	Petrochemicals, food, telecommunications, car parts
Banorte	Banking
Cemex	Cement
Cydsa	Chemicals, plastics
Deacero	Iron
Femsa	Beverages, beer, commerce
Imsa	Metal-mechanics, autoparts
Maseca	Food
Multimedios	Communication media
Proeza	Car parts, food, software
Protexa	Construction, petrochemicals, tourism
Pulsar	Biotechnology, financial services
Quimmco	Metal-mechanics, autoparts
Softek	Software
Soriana	Commerce
Villacero	Iron
Vitro	Glass
Xignux	Electrical products, car parts, food

Some foreign businesses in Nuevo León
ABB	Elcoteq	Mitsubishi
Alcoa-Fujikura	General Electric	Phelps Dodge
BASF	John Deere	Pioneer
Caterpillas	Johnson & Johnson	Siemens
Celestica	LG Electronics	Toyota Tsuho
Danfoss	Mercedez Benz	Union Carbide

GDP

In 2004, Nuevo Leon’s GDP was 517,475 million pesos, representing 7.5% of the country’s. The graph below shows NL’s GDP in millions of 1993 constant pesos.

Exports

Exports in Nuevo León grew from 10,414 million dollars in 2000 to 14,511 million dollars in 2006 (not including December 2006).

Employment

45% of the population is economically active . Out of them, 3% works in the primary sector (use of natural resources), 33% in manufacturing and 64% in services. Unemployment is 4.59%

Micro and small companies are the ones that employ more people in the state.

Company size	Employees
Micro	670,757
Small	370,580
Medium	293,731
Large	333,236
Government	59,762
Other	83,794

79% of workers earn more than two minimum wages. Minimum wages is $49.00 pesos in Apodaca, General Escobedo, Guadalupe, Monterrey, San Nicolás de los Garza, San Pedro Garza García and Santa Catarina, and $47.60 in the rest of the state.

Note [1]: A person that is regularly involved in economic activities, or tried to be involved in the last month.

Sources: Data NL, INEGI