Last Updated on December 14, 2022
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 Mexico shelter manufacturing services partner 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 to a company that specializes in co-production manufacturing. These needs may a need to reduce manufacturing costs 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 help moving manufacturing to Mexico? Contact NovaLink today: 956-621-7362 or visit our website.