The company Tenaris has experienced remarkable growth, nearly tripling its value compared to the previous year, according to Bloomberg data. This success has not been based on the use of Mexican raw materials, challenging the traditional belief that Mexico, with its abundant natural resources such as oil, gas, gold, lithium, and other minerals, should thrive.
During an event in Veracruz aimed at entrepreneurs and officials interested in investing in southern Mexico, the importance of developing and training the local workforce was highlighted as a true source of opportunities for the country. Contrary to common belief, the prosperity of a nation does not necessarily come from its mineral resources, but rather from the capability of its people to transform and add value to those resources.
The event, called the Investment Promotion Forum in the South-Southeast and organized by the Council of the Americas, emphasized the importance of technology in the transformation of raw materials. It was pointed out that instead of exporting scrap to other countries, as occurs with some businesses from the United States to Mexico, it is crucial to promote the creation of added value at the local level.
Tenaris, a company based in Veracruz and owner of numerous patents, stands out for its ability to transform raw materials and market sophisticated products in various international markets. The company’s valuation reflects not only the quality of its products but also the importance of innovation and the training of the Mexican workforce.
The advisor to President Claudia Sheinbaum, Altagracia Gómez, stressed the need to develop technical and specialized capabilities in Mexico to make the most of available resources. It was emphasized that the wealth of a country lies in the talent and skill of its people to generate high value-added products and services.
In a context where technology and specialization play a fundamental role in wealth creation, the importance of investing in the training and education of human resources in Mexico is highlighted, especially in regions such as the south of the country where there are significant development opportunities. The arrival of new infrastructures and projects in the region promises to open new doors for innovation and economic growth.
In summary, the story of Tenaris and its rise in value is a testament to how the combination of technology, human talent, and business vision can lead to success in a highly competitive global market. The transformation of raw materials into high value-added products is a key strategy to boost the economic and social development of Mexico, highlighting the potential and opportunities that exist in the country beyond its natural resources.
