NovaLink CEO Jason Wolfe participates in U.S.-Mexico border manufacturing summit and emphasizes quick time to market: “Manufacturers want short, fast supply chains now instead of having to wait weeks or months for goods to be shipped from overseas.”
Mexico Manufacturing
LinkedIn: What Mexico Manufacturing Can Offer, That China Can’t
If offshoring takes business processes overseas, nearshoring stays closer to home and typically involves countries that share a border with your own. For the U.S., the paradigmatic examples of offshoring and nearshoring are China and Mexico, respectively. What follows is a list of reasons that Mexico is becoming more competitive with China every day.
INC: Why Mexico Is an ‘Undiscovered Opportunity’ for Entrepreneurs
Mexico developed into an operational entrepreneurship ecosystem and one of the best options for the entrepreneurs in Latin America.
Bloomberg: Four Reasons Mexico Is Becoming a Global Manufacturing Power
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.
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.