This is one of the most common manufacturing in Mexico myths. While conceding that many U.S. high-wage manufacturing jobs were relocated to Mexico, China and other foreign locations as a result of NAFTA, Morris Cohen, Wharton professor of operations and information management, argues that NAFTA has, on balance, been a good thing for the U.S. […]
Mexico
What is NAFTA?
The North American Free Trade Agreement (NAFTA; Spanish: Tratado de Libre Comercio de América del Norte, TLCAN; French: Accord de libre-échange nord-américain, ALÉNA) is an agreement signed by Canada, Mexico, and the United States, creating a trilateral trade bloc in North America. The agreement came into force on January 1, 1994.
What are the benefits of the Maquiladoras in Mexico?
The benefits to a U.S.-based business relate primarily to the cost, quality and availability of labor, and the proximity to market. Other benefits of operating through a Maquiladora include: Unlimited duty-free imports Unlimited foreign capital investment Limitless options for type or amount of product that can be manufactured Reduced manufacturing costs High-quality product Reduced transport […]
Who are The Maquiladoras in Mexico?
The Maquiladoras in Mexico are the labor pool for the NovaLink facilities and operations. Our relationship with them makes the service and quality we offer to our partners possible.
What are Some Advantages of Manufacturing in Mexico?
Production is closer to the U.S. border; faster time to the consumer market than shipping across the Pacific Ocean, which can take weeks. Lower transportation, trucks and trains as opposed to ships and the abundance of warehousing make Mexico a cost-effective solution. The Mexican government is very friendly to foreign business and investment, as demonstrated by their […]