Manufacturing outsourcing in Mexico has become increasingly popular among companies looking to reduce costs and improve their competitiveness. Mexico’s proximity to the US, low labor costs, and skilled workforce make it an attractive destination for outsourcing. However, before embarking on this journey, there are several key things you need to know to ensure a successful […]
Mexico
Is My Business a Good Fit for Mexico? Here’s How to Know
You’ve probably heard the buzz. Mexico is booming as a manufacturing hub, and companies are either moving in or eyeing it hard. But that doesn’t mean it’s right for every business. So let’s tackle the question head-on: Is your business a good fit for Mexico? It’s not just about low wages or avoiding tariffs. It’s […]
Bloomberg: Four Reasons Mexico Is Becoming a Global Manufacturing Power
Mexico is beginning to beat China as a manufacturing base for many companies despite its higher crime rate, according to a new report from Boston Consulting Group. Mexico’s gain is a plus for the U.S. because Mexican factories use four times as many American-made components as Chinese factories do, says the consulting firm.
CNBC: Some Manufacturers Say ‘Adios’ to China
Robert Moser moved the manufacturing of his company’s lines of cleaning products and kitchen gadgets to China during the last decade. Now his company is moving its manufacturing again—to Mexico. “When you look at total costs, you’re pretty much at parity,” says Moser, president of Casabella, based in Congers, N.Y.
LinkedIn: The Advantages of Manufacturing in Mexico
Manufacturing Mexico allows American companies to save costs and use a greater portion of their profits for research and product development. This, in return, would increase more production to be manufactured in Mexico. The maquiladora industry provides Mexico with good employment, economic stability, and foreign exchange. A win-win relationship, indeed.