Companies often outsource product assembly in order to streamline their operations, reduce costs, and increase efficiency. In recent years, Mexico has emerged as a top outsourcing destination. In addition to its skilled workforce, favorable business climate, and proximity to the United States, Mexico offers a number of advantages to businesses looking to outsource their product […]
immex
IMMEX Gives Manufacturers Operations Savings They Can’t Get From Manufacturing Elsewhere
IMMEX was created in the 1960s to encourage foreign investment in Mexico through preferential tariff agreements between their country and the U.S. IMMEX stands for “Manufacturing, Maquila, and Export Services Industry Program” (Industrie Manufacturera Maquiladora y de Servicios de Exportación). IMMEX is more commonly known by the name “Maquiladora“. What Is a Maquiladora? Maquiladoras are […]
What is the IMMEX Program?
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 […]
What Is a Maquiladora?
Frequently Asked Question: What Is a Maquiladora? “Maquiladora” 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. Today, the Maquiladoras in Mexico are referred to as the IMMEX program (Industría Manufacturera Maquiladora y de Servicio de Exportación). A […]