Frequently Asked Question: What Is a Maquiladora?
“Maquiladora” is a manufacturing solution created in the 1960’s to utilize preferential tariff agreements between the U.S. and Mexico & to encourage foreign investment in that country. Today, the Maquiladoras in Mexico are referred to as the IMMEX program (Industría Manufacturera Maquiladora y de Servicio de Exportación).
A Maquiladora in Mexico refers to a factory or plant that is based typically near the Mexico/U.S. border. The manufacturing operation is staffed by workers from Mexico, but is commonly owned & operated by a U.S. company (although other countries such as China, can also operate a Maquiladora in Mexico.) A Maquiladora allows factories to be largely duty free and tariff-free.
This approach has many benefits for businesses looking to outsource their manufacturing needs. These needs may be due to cost competitiveness or availability of labor to meet demand.
The maquiladora model is the primary labor source for manufacturing production at NovaLink. A talented & educated worker population with a mean age of 26 years, the maquiladoras in Mexico have demonstrated the capacity to construct & create sophisticated products for our clients manufacturing in Mexico.
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Supported by over 30 years of experience, NovaLink has provided shelter or contract manufacturing services to a variety of industries. Whether it is a product that requires precision and high tolerance, or a product that has been commoditized, NovaLink operates at an advantage.
Do you need a nearshore manufacturing partner or solution for your business? Contact NovaLink today: 956-621-7362 or visit our website: https://novalinkmx.com