In an era defined by global economies, companies seek strategic advantages to stay competitive in the dynamic marketplace. One notable trend shaping manufacturing is the increasing preference for Mexico as a pivotal hub for production and assembly. Mexico’s allure as a manufacturing hub has captured the attention of businesses worldwide, prompting a fundamental shift in […]
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How the USMCA Revolutionized American Manufacturing
In the ever-evolving landscape of global trade agreements, the United States-Mexico-Canada Agreement (USMCA) stands as a pivotal milestone in American manufacturing. In this comprehensive article, we will explore the USMCA impact on American manufacturing. We will highlight its key differentiators from its predecessor NAFTA, emphasising the particular relevance of its partnership with Mexico. This treaty, […]
Bain and Company: Is Your Supply Chain Ready for a Nafta Overhaul?
“But waiting for a clear sense of the future is the riskiest option. Successful companies thrive in uncertainty by incorporating change into their strategy process. Leadership teams can limit the negative consequences of Nafta withdrawal and currency moves by adopting an approach that anticipates a range of future scenarios. This approach also applies to companies […]
How NAFTA has helped American Manufacturing
If you have enjoyed prosperity with competitive goods from your business, and care about the future of American manufacturing, you should be supporting NAFTA (now USMCA). It’s just that simple: NAFTA countries and the American manufacturing industry have benefitted so greatly from their mutual partnership, and are tied so closely together, to have one without […]
New NAM NAFTA State Manufacturing Fact Sheets
Given the ongoing negotiations to modernize the 24-year-old NAFTA agreement, the National Association of Manufacturers (NAM) is releasing today a series of detailed state fact sheets that underscore the NAFTA relationship across many key states. Here are just a few highlights: For Texas, nearly half of the state’s total manufacturing production is exported to Canada and Mexico. For […]