The major industries driving manufacturing in Mexico are:
- Automotive: Mexico is the world's seventh-largest automotive manufacturer, and the industry employs over 800,000 people in the country. Major automakers with production facilities in Mexico include General Motors, Ford, Volkswagen, Toyota, and Nissan.
- Aerospace: Mexico is a major supplier of aerospace components to the global market, and the industry employs over 100,000 people in the country. Major aerospace companies with production facilities in Mexico include Boeing, Airbus, Bombardier, and Honeywell.
- Medical devices: Mexico is a major supplier of medical devices to the global market, and the industry employs over 150,000 people in the country. Major medical device companies with production facilities in Mexico include Johnson & Johnson, Medtronic, and Baxter.
- Electronics: Mexico is a major supplier of electronics to the global market, and the industry employs over 400,000 people in the country. Major electronics companies with production facilities in Mexico include Samsung, Sony, and Foxconn.
- Apparel and textiles: Mexico is a major supplier of apparel and textiles to the global market, and the industry employs over 1 million people in the country. Major apparel and textile companies with production facilities in Mexico include Nike, Adidas, and Gap.
The major industries driving manufacturing in Mexico are influenced by a number of factors, including:
- Low labor costs: Mexico has a relatively low cost of labor, which makes it an attractive destination for manufacturing.
- Proximity to the United States: Mexico is located close to the United States, which makes it a convenient location for manufacturing goods that are destined for the US market.
- Membership in USMCA: Mexico is a member of The United States-Mexico-Canada Agreement (USMCA) is a trade agreement between the United States, Mexico, and Canada. It was signed on November 30, 2018, and entered into force on July 1, 2020.. It has created a free trade zone between the United States, Canada, and Mexico. This has made it easier for companies to manufacture goods in Mexico and export them to the US market.
- Investment from foreign companies: Many foreign companies have invested in manufacturing facilities in Mexico, which has helped to drive the growth of the manufacturing sector.
About NovaLink
As a manufacturer in Mexico, NovaLink employs a unique approach that transcends the traditional model of shelter production. More than just the location of your manufacturing, we would like to become a partner in your manufacturing in Mexico. You will be able to relocate or initiate manufacturing for your company in Mexico in a low-cost labor environment with very little delay or up-front costs. Find out how we can help you by handling the manufacturing process.
There are NovaLink facilities in the border cities of Brownsville, Texas, Matamoros, Mexico, and Saltillo, Mexico.