Manufacturing industries are involved in the creation of items (finished products) that have a market value. Industries that do not manufacture commodities and instead provide services are classified as service industries. Many industries classify service operations, including banking, insurance, hospitality, advertising, logistics, and consulting.
Manufacturing
What is the IMMEX Program?
The IMMEX program 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. The IMMEX program is an acronym in Spanish for “Manufacturing, Maquila and Export Services Industries Program” (Industría Manufacturera Maquiladora y de Servicio de Exportación). More commonly, […]
How long does it take to get my product setup and manufacturing running?
Typically set up under our model is quick; within a month. This is dependent on many variables. Lead time on equipment and raw materials to be used, etc. Since NovaLink is the incorporated business in Mexico and holds current maquiladora permits, the time constraint is not on the legal side of setting up. Then of […]
How much do I need to understand about manufacturing?
It is preferential that you understand manufacturing so that you can be a part of the success of the program. It is your product that we would be manufacturing so it is important that we make them to your satisfaction. It is also beneficial when the client has involvement in the manufacturing process set up […]
What are some common mistakes companies are making in Manufacturing in Mexico?
For starters, assuming they know enough about Mexico to dive in and do it alone. Secondly, committing to an overhead structure that they must grow into rather than starting with a partner that allows them to grow into their needs. With NovaLink, it is up to the client. We welcome expat involvement and work diligently to make […]