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"The Mexico building construction market is an integral part of Alcan Cable's North American growth strategy for our STABILOY® cable products.  The expansion of the distribution warehouse in Mexico City demonstrates Alcan Cable's continued commitment to the Mexican and Latin American markets," said Jack Miller, President, Alcan Cable.At the open house, guests were able to tour the distribution center and meet Alcan Cable de México personnel and members of Alcan Cable's U.S. management team.  The facility features additional inventory capacity, redesigned cutting and packaging equipment, and a training center to host customer educational programs about STABILOY® cables.The company's STABILOY® brand of aluminum alloy cables have become the standard for commercial, institutional and industrial building applications in Mexico.  Alcan Cable de México utilizes a network of electrical distributors to sell its products throughout Mexico.

Mexico Takes Lead in Latin America with Announcement of Region’s Largest GE LED Street Lighting Project

In ROW, our strategy of introducing a broader product range into developing markets helped to offset the impact of lower-than-expected volume across a number of countries. The uneven demand experienced during the second quarter is largely episodic, as the fundamental growth drivers remain solid, and GDP rates for many emerging markets continue to outpace those in the developed world. Sequentially, our second quarter results reflect the impact of stronger demand in Venezuela, Brazil and Zambia. In Venezuela, the company benefited from higher spending on electrical infrastructure as the country works to reinforce a weak power grid. In Brazil, our results reflect the aerial transmission shipments and the introduction of specialty products as the country continues to industrialize while at the same time preparing for the World Cup in 2014 and the Olympic Games in 2016. In Zambia, our results reflect the shipment of aerial transmission products as the government invests in expanding its power grid. In addition, we strengthened our market position and product range in Colombia, Peru, Australia, South Africa and Mexico. In Mexico, we recently qualified and supplied our first high-voltage cables. Our market penetration into Mexico continues ahead of expectation, and is supported by a state-of-the-art manufacturing facility with high-voltage capabilities ranging up to 225 kilovolts and a comprehensive line of products for electric utilities and contractors. Overall, our results in ROW continue to demonstrate the non-linear nature of our business in the short-term, as construction, mining and utility products are moved between reporting periods, government appropriations are authorized and infrastructure investment plans are advanced.

Pedal to the metal: Structural reforms to boost long-term growth in Mexico and spur recovery from the crisis

For example, Phoenix-based Freeport-McMoRan Copper and Gold Inc., the biggest miner in the state, has a mine in Peru with enough reserves to last until at least 2074, and one in Africa with nearly 50 years of reserves, far more than its Arizona properties. Grupo Mexico, the parent company of major Arizona miner Asarco, has a mine in Peru with 172 years' worth of copper left and one in Mexico with 124 years' worth.