The manufacturing industry leverages these tools in real time in order to predict and prevent potential problems, thus maximizing the performance of operations and workforce in production plants by collecting, storing and organizing data generated by machines, devices and systems on the production floor.
Predictive models combine the power of Big Data with artificial intelligence and machine learning to understand, monitor and optimize processes.
If quarantine and mobility restriction measures are extended by two months, annualized demand for carton packaging in the region is forecast to decline by 9% in 2020, and if extended by three months, the decline could be as much as 13%.
The "Information System for the Impact Analysis of Covid-19 on Business", prepared by the Trade Intelligence Unit of CentralAmericaData, measures the degree of impact that the crisis will have on companies according to their sector or economic activity, considering several scenarios for the coming months.
Searching for home furnishings, accessories, clothing and gifts, more than 150 local and international buyers will participate in the New World Crafts Fair, to be held in Antigua on September 24 and 25.
From the Agexport statement:
AGEXPORT's Handmade Commission prepares for the 12th. Edition of the New World Crafts Fair (NWC), the most important marketing platform for handmade products from Guatemala in the region and one of the main in Latin America, which will take place on September 24 and 25, 2019 at the Hotel Casa Santo Domingo, Antigua Guatemala.
From July 30 to August 1, a business meeting will take place between business leaders in the region and Chilean companies from the forestry, agriculture, manufacturing and seafood sectors.
From a press release by ProChile:
The event will be held in Guatemala City, between July 30 and August 1, and will bring together about 120 buyers from all over the region.In total, there will be 60 places for Chilean entrepreneurs in the forestry and agricultural sector, industry-manufactures and seafood.
Last year, the region bought $3.874 million worth of plastic and manufactured goods from abroad, 6% more than in 2016, and 35% of imports came from the United States.
Figures from the information system on theMarket for Plastic and its Manufactures in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
On October 15 and 16, Costa Rica will host an international congress for companies in the life sciences sector.
From a statement issued by the Cinde:
San Jose Costa Rica. May 17, 2018.On October 15 and 16, Costa Rica will be the meeting point for high-level exhibitors in the life sciences industry, decision makers of the world's leading companies in the sector, key suppliers, consulting firms, among others, in the fourth edition of the Life Sciences Forum Costa Rica 2018, organized by the Costa Rican Coalition of Development Initiatives (CINDE).
On September 26 and 27, 2018 companies from various sectors will be gathering together in Antigua to take part in business conferences and showcase different types of products.
The event is being run by the Organizing Committee of Manufexport 2018, which is inviting small and medium-sized Guatemalan companies to be part of the SME pavilion, to participate in the international retail fair.
In 2017, Central America countries imported $96 million worth of various common metal manufactures from Mexico, 14% more than what was purchased in 2016.
Figures from the information system on the Market for Common Metals in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
From January to September 2017, countries in the region imported $430 million worth of aluminum and its manufactures, and 45% was purchased by companies in Costa Rica and Guatemala.
Figures from the information system on the Central American Market for Aluminium and its Manufactures, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
In 2017, exports of rubber and its manufactures from Central America to Mexico totaled $84 million, 93% more than the previous year.
Figures from the information system on the Rubber Market and its Manufactures in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
Of the $173 million that both countries sold in 2017, $130 million corresponded to goods imported from Germany, including medical and pharmaceutical products.
Figures from the Investor's Guide 2017-18, presented by the Nicaraguan - German Chamber of Commerce and Industry, detail that in addition to medical and pharmaceutical products, among the products that are also imported from the European country are lamp holders, electrical outlets, coated fabrics, fiber optic connectors, herbicides and electrical conductors.
In 2017, the value of Central American purchases of plastic and its manufactures from companies in Mexico grew by 21% compared to 2016, in contrast to the decreases registered between 2013 and 2015.
Figures from the information system Market for Plastics and its Manufactures in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
From January 18 to 20, 2018, manufacturers and distributors of construction, industrial, agricultural and mining machinery will be showcasing their products and taking part in business meetings.
The event is being organized by the Association of Distributors of Machinery in Panama (Adima), and will be held at the Atlapa Convention Center, in Panama City.
A study by Procomer analyzes the market for the manufacture of medical devices in the North American country, made up of 5,348 companies, of which 91% are small businesses.
From the executive summary of the Procomer study "Medical Device Industry in Canada":
The Canadian medical device industry, was valued at $ USD3.107 million in 2015, it is characterized by being integrated to all the links of the value chain, from applied research to the manufacture of the final product, favored by factors such as availability of human talent, the facility for carrying out clinical studies and a collaborative environment between industry, government and research centers.
Beverage Industry Digital Magazine established in 1942, the oldest Spanish trade journal and the only beverage trade magazine serving the Latin American beverage market. It serves soft drink bottlers, brewers, bottled water...