NAPS RECEIVES RECOGNITION FROM INFONAVIT
On March 13 North American Production Sharing, Inc. (NAPS) was honored at a ceremony for those members of AIM, the National Association for the Maquiladora Industry, who qualify as an “ INFONAVIT Empresa de 10”. These are companies that have met 100% of their contribution obligations in the past 10 bimonthly periods. The Mexican National Institute for Worker’s Housing (INFONAVIT) is the largest mortgage lender in Latin America. INFONAVIT has over 5 million mortgages on its books. INFONAVIT collects 5% of the salary of every worker officially registered in Mexico. With these funds it