Mexico is beginning to beat China as a manufacturing base for many companies despite its higher crime rate, according to a new report from Boston Consulting Group. Mexico’s gain is a plus for the U.S. because Mexican factories use four times as many American-made components as Chinese factories do, says the consulting firm.
Mexico
LinkedIn: The Advantages of Manufacturing in Mexico
Manufacturing Mexico allows American companies to save costs and use a greater portion of their profits for research and product development. This, in return, would increase more production to be manufactured in Mexico. The maquiladora industry provides Mexico with good employment, economic stability, and foreign exchange. A win-win relationship, indeed.
Reshoring from China: The Changing Landscape of Global Manufacturing
In recent years, the concept of reshoring has gained significant attention in the business world. Reshoring refers to the process of bringing back manufacturing and production operations to the home country from overseas, particularly from countries like China. Let’s be blunt—55% tariffs aren’t just a squeeze. They’re a chokehold. If your business is still importing […]
Sub-Assembly Manufacturing in Mexico: A Cost-Effective Solution for Your Business
If you’re in the manufacturing industry, you’ve probably heard about the many advantages of sub-assembly manufacturing in Mexico. But what exactly is it, and why is it becoming increasingly popular among businesses worldwide? In this article, we will delve into the world of sub-assembly manufacturing in Mexico and explore the key benefits and reasons for […]
Why Vietnam’s Manufacturing Industry is Facing Similar Challenges to China’s [2025]
Manufacturers are seeking to relocate their operations to a new location amid the exodus of businesses manufacturing in China and reshoring to North America. Vietnam is one of the most popular alternative destinations, which manufacturers view as a viable alternative to China. However, manufacturing in Vietnam has many of the same problems as China (with […]