All Press Releases for October 21, 2010

The Offshore Group's Chuck Yahn to be Featured Panelist at Promexico Seminar

Mexico continues to be a top choice for foreign direct investment.



    TUCSON, AZ, October 21, 2010 /24-7PressRelease/ -- Promexico, the Mexican government organization charged with the task of strengthening the country's ties to the international economy will be holding a seminar entitled, "It's Time to Do Business in Mexico", on Tuesday, October 26th from 8:00am to 11:00 at the offices of Mayer - Brown located at 71 S. Wacker Drive in Chicago, Illinois. Mayer - Brown, along with The U.S. - Mexico Chamber of Commerce will be co-sponsors of the event.

After the welcome and opening remarks by representatives of Mayer-Brown and the U.S.-Mexico Chamber of Commerce, Mr. Jorge Lopez, Promexico's Regional Director for North America will provide attendees with a comprehensive overview of the myriad of opportunities that await U.S. businessmen and women to the south of our shared border.

The balance of the program will be a discussion of the establishment of manufacturing operations at low-cost and low-risk via the utilization of the Shelter Program business model.

According to panelist, Chuck Yahn, "Manufacturers seeking to initiate and maintain operations in Mexico can do so in an accelerated time frame and without the need to make weighty capital investments by using the "shelter" model. Companies contribute their machinery, raw materials and manufacturing know-how, while the "shelter company" takes care of the functions that are critical, but non-core to the ongoing success of a manufacturing concern. These can include: human resources, payroll and benefits management, the import-export function, building and industrial park maintenance, worker transportation amongst others."

Interested parties may contact Miguel Leaman Promexico's Trade Commissioner at (312) 856-0316 for the purpose of pre-registering, or to ask any questions.

ProMexico is the Mexican Government institution in charge of strengthening Mexico's participation in the international economy. It was established on June 13, 2007, through Presidential Decree as a sectoral public trust under the Ministry of the Economy, and operates through a network of 25 offices throughout Mexico and more than 27 locations abroad. Detailed information on Promexico and its mission can be accessed at www.promexico.gob.mx.

The Offshore Group is the largest provider of outsourced manufacturing support, or "shelter" services in Mexico. Currently 54 manufacturers are in production are at The Offshore Groups three industrial parks in Sonora and the city of Saltillo, Coahuila. Through its Vangtel subsidiary The Offshore Group also offers services to companies occupying the call center, IT development and BPO markets.

Website: http://www.offshoregroup.com

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