Mexico Manufacturing

1. Enormous domestic economic growth. Mexican per capita gross domestic product and family income have increased by 45% since 2000. Ownership of home appliances, automobiles and electronics have skyrocketed. With a population of 122 million, Mexico has strong domestic demand that is great for consumer good companies. By manufacturing in Mexico, companies can benefit by exporting finished goods to the United States and Canada, as well as sell into the [...]

There have been economic shifts on a worldwide scope over the past number of years. Global production has been no exception, and these shifts produced a new top producer in the manufacturing industry. Even in industries such as electronics, which are traditionally dominated by China, there has been a significant shift towards factory development in Mexico. And with a closer look, it’s not hard to understand why. With lower energy [...]

Recently, Mexico's congressional lower house passed a series of laws that will change various manufacturing in Mexico sectors. These laws signify the completion of Mexico's energy overhaul, which started last year and is expected to bring in lucrative investments from foreigners. One of the most important aspects of this change is it will allow foreign investors to invest in Mexican manufacturing and the oil industry in a profitable, easy manner. [...]

By 2015, manufacturing in China will lose its edge due to rising labor and transportation costs. According to the World Bank, China will be just as expensive to manufacture as the U.S. and other pricey nations if their inflation remains at current levels. Many industries are now looking for alternatives for their manufacturing operations. For several organizations, this imminent development has made nearshoring a subject of keen interest, specifically nearshoring [...]

As more global corporations begin to eye Mexico as a potential location for their manufacturing needs, the transportation industry is taking a closer look at the infrastructure needed to support Mexico manufacturing. In particular, a Chinese company is considering building a new rail line that will run from a proposed port city on the coast to manufacturing centers in areas such as Guanajuato, Mexico. Mexico manufacturing is a booming business, [...]

When it comes to manufacturing, China has long been the dominant force for almost every type of product in the world. And while China still enjoys a large portion of the manufacturing industry, a major shift is now underway. Mexico manufacturing steps up as a worthy successor and competitor, and if your company has manufacturing needs, it is time to see what Mexico has to offer. Even a cursory look [...]

For decades, China was known as the top location for cheap labor and cheap manufactured products, but things have changed in recent years, and many Chinese products no longer are cheap. But competition from Mexico manufacturing is proving good, affordable products are available much closer to the United States. Products coming in from China have grown in cost for many reasons. The energy costs are at unprecedented highs. In the [...]

Formerly one of the world's poorest nations, times are changing quickly in Mexico. Employment rates are rising substantially across the country, with high quality jobs to be found in industrialized areas from Juarez to Guanajuato. These highly skilled production jobs are boosting the Mexican industrial economy and may turn the previously ailing nation into one of the world's biggest production capitals in coming years. The reasons for this growth are [...]

For several years, outsourcing, particularly the outsourcing of manufacturing jobs, was synonymous with China. China boasted labor costs below the competitive level that any other country could offer, making them a prime location for sending jobs abroad. By 2010, virtually everything was created in China and shipped to consumers and retailers in the United States and elsewhere. However, all that is changing. Companies around the world, especially those servicing North [...]