Cisco Routes Investment to Mexico as Exports Slow — Panjiva
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Cisco Routes Investment to Mexico as Exports Slow

Info Tech - Tech Hardware 793 Mexico 880 U.S. 5314

Cisco will invest $4 billion in Mexico to increase production, the government reports. This may prove politically contentious in the U.S. given it is cutting jobs elsewhere. Panjiva data shows exports associated with Cisco of $135 million from Mexico in the past 12 months, with shipments increasing 3.1% on a year earlier. A boost to growth is needed though – exports in the three months to end August were unchanged from the prior three month period.

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