Manufacturing in Latin America can look forward to 4% growth in 2013 after seeing only a 0.5% increase in 2012, according to a new report from MAPI. The association's analysis projects that 16 industries in the area will experience growth this year, including food and beverages, motor vehicles and machinery. Among the region's major manufacturing countries, Brazil can expect 5.6% growth, Mexico 3% and Argentina 3.5%.

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