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Article: Florida's international connections.
- Article from:
- Los Angeles Business Journal
- Article date:
- May 30, 1994
- Author:
CopyrightCOPYRIGHT 1994 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Reprinted with permission from Foreign Trade magazine, copyright 1994 by FT Inc.
Florida has become the undisputed commercial hub of Latin America. It has finally pulled out of its recession and trade is booming. Foreign investors are flocking into Miami to penetrate rapidly growing Latin markets, while Latin companies are doing the reverse by using the city as a springboard into the United States. Florida, it seems has all the elements in place to become the conquering hero of the Southeast.
But something is missing. That something is a strong manufacturing sector. In mid-1992, Florida got a rather rude wake-up call when the German carmaker, BMW, chose South ...