Recognized as the industrial capital of Mxico, Monterrey is the country's main destination for foreign direct investment and home to many global corporations. The city enjoys a long history of leading Mexican industry in the auto parts, steel, cement, glass, petrochemical, manufacturing and the food and beverages sectors. Due to its proximity to the United States and to the oil and gas fields in Northern Mxico, Monterrey is strategically situated to benefit from recently enacted and sweeping energy reform.