Monterrey, Mexico is home to a very modern, low cost steel mill.
This is probably the major attraction.
Then we need a very modern steel mill in PA and/or Ohio. We can do things, we can make things better and cheaper if we put our minds to it
Yep. And like the a/c coils that Carrier will still take to Mexico, they are components sold to OEMs or used to build bigger systems, which inherently are more price-sensitive. The gas furnaces that will stay in Indy are somewhat less so.
Also, consider that most air conditioners (and many things that use industrial bearings) are already being built in Mexico, thus being close to their customers is an advantage for suppliers. How many gas furnaces are sold for use in Mexico?
Point being, the economics of different products are always going to be different and rather than bitch about Trump not keeping 100% of the Carrier jobs here, people should be grateful someone intervened and managed to reverse the decision that was based on the less-favorable economics.
I’ve been prohibited via specs from using Mexican rebar in recent rears due to the steel itself failing strength tests.
We now won’t use Mexican Steel in any job.