Believe it or not, Argentina was once the manufacturing powerhouse of Latin America leading regional industrialization! Pre-1990s, over 15% of GDP, $60 billion in output and 1.2 million jobs came from fiery factories dotted across provinces. From Texan beef empanadas to Italian pastas, German cars and homegrown appliances, Argentina produced it all!
But the giant awoke to find the world had globalized and smaller Asian tigers now roared louder and cheaper! Chinese imports flooding the market at Argentina’s very doorstep proved the final straw that broke the camel’s back as factories started shutting down in droves over the last decade.
Yet local insights reveal factories need not be historical blacksmith relics! Aligning competitiveness levers encompassing trade norms, supply logistics, worker skills upgrades and savvy use of automation technology means Argentina still boasts unique manufacturing competencies worth fighting for in areas like food innovation, lithium processing or agricultural equipment manufacturing.
We feel Argentina is now ripe for a smart industrial resurgence – just needs fresh consulting perspectives aligning local strengths to global realities. Our expertise can readily assist across light engineering promotion, export processing zones establishment, innovation hubs for startups and even clean production principles adoption for Argentine factories to sustainably restart delivering mass employment and catalytic growth impetus!