A small company in northern Mexico had faced steep competition from China in making straps, plugs, fasteners, grommets, zip ties and clamps. Now, U.S. tariffs have driven a spike in his business.According to a recent report from The New York Times, a small company in northern Mexico has been facing tough competition from Chinese suppliers in the production of straps, plugs, fasteners, grommets, zip ties, and clamps. However, the recent implementation of U.S. tariffs has caused a spike in business for the company.
Jorge H. Martínez, the owner of the company, located near the U.S. border, has seen firsthand how President Trump’s threats of steep tariffs have disrupted markets, impacted geopolitics, and created uncertainty for businesses. While many in Mexico’s business community have been worried about the potential negative effects of tariffs, Mr. Martínez saw an opportunity.
“In a crisis, if you’re prepared, you win,” said Mr. Martínez, 40, as he sat in his office above the sounds of machines producing small plastic parts. “Truth is, this whole thing benefited us.”
As the CEO of Micro Partes, a company with approximately 50 employees in Monterrey, Mr. Martínez and his team manufacture a variety of small parts that are essential to production lines, but often go unnoticed by consumers. These include items such as protective rings for cables, washing machine screws, and buttons for shopping carts.
For years, Micro Partes has faced tough competition from Chinese suppliers who offer similar products at lower prices. However, the recent tariffs have made it more difficult for these suppliers to compete, giving Micro Partes an advantage.
The company’s products may not be glamorous, but they play a crucial role in many industries. And with the current trade climate, Micro Partes is poised to continue thriving.
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