What is The Maquiladora?

What is The Maquiladora?

A maquiladora, a manufacturing solution created to take advantage of tariff agreements between the U.S. and Mexico, has many benefits that businesses should consider when deciding whether to outsource. A Maquiladora is based in Mexico, usually near the Mexico-U.S. border. Outsourcing manufacturing to Mexico has many advantages for American companies. In some cases, these needs are a result of cost competitiveness or an insufficient number of laborers available to meet the demand.