Mexico Manufacturing News Archives

December 28, 2019

What are the Advantages of Nearshore and Offshore Outsourcing?

In an effort to drive profits, businesses must constantly seek new avenues to improve cost savings and optimize. One of the primary ways that many companies find competitive cost advantages involves nearshoring or offshoring parts of their operation to external professionals with skilled expertise. Naturally, you may wonder what the difference is in nearshoring vs. […]

December 15, 2019

What is Offshoring?

Today, in a world where supply chains are complex and span the globe overseas, many of the fine details become muddied or generalized by those unfamiliar with the industry. For example, laymen often confuse outsourcing vs offshoring by using them as interchangeable phrases. The problem with this mindset lies in the fact that both terms […]

December 9, 2019

How Offshoring Can Increase Your Bottom Line

As a business grows, evolves, and optimizes, it must seek cost-savings and competitive advantages by utilizing both internal and external economies of scale. Eventually, it reaches a point where it becomes efficient to specialize by breaking up certain processes and passing them along to other specialists who can perform them with greater expertise or at […]

November 10, 2019

Business Opportunities in Mexico That US Manufacturers Should Be Aware Of

In recent years, manufacturing within Mexico has been an increasingly more viable and cost-effective alternative to production in Asia. Businesses not only derive benefits from close proximity to the states but can also find competitive advantage thanks to favorable trade deals and a skilled low-cost workforce. Below, we’ll dive into the various factors as to […]

November 5, 2019

Entry Strategies for Setting Up Manufacturing in Mexico

In the last decade, market forces have altered the global manufacturing landscape, shifting the market share out of China’s grasp as other business havens became viable alternatives. Mexico, for example, has become an increasingly enticing option for American manufacturers seeking cheap but highly skilled labor, reduced supply chains, and clearer visibility over the entire process. […]

November 1, 2019

What You Need To Know To Take Advantage of Section 321

The goal for every business is to drive revenue while simultaneously decreasing costs. The pursuit of cost savings is one of the many reasons why a growing number of American businesses—particularly within the e-commerce space—have been manufacturing in Mexico. While most would cite the low hourly costs of labor or the cheaper warehousing fees, many […]

October 31, 2019

The Past, Present, and Future for the Textile Industry in Mexico

In 1994, the North American Free Trade Agreement (NAFTA) was ratified, causing an upheaval in the global trade and manufacturing landscapes. The restrictions, stipulations, and incentives within the newly minted trade deal suddenly made Mexico an attractive, cost-effective manufacturing option for American and Canadian countries. Consequentially, this foreign interest created a manufacturing resurgence and completely […]

October 15, 2019

What Are The Pros and Cons of Setting Up a Maquiladora?

The past decade has ushered in an era of unprecedented economic growth and development within Mexico. Viewed as an emerging market, particularly in the commodities and manufacturing sectors, it now has the 15th largest economy in the world with a 2018 GDP of $2.6 trillion. Economists suggest that the recent growth within the manufacturing sector […]

October 9, 2019

The Leading Industries and Manufacturing Companies in Mexico

Recent economic forecasts shine brightly on the continued growth and future of manufacturing in Mexico. Expert’s optimism for sustained growth is based on trends demonstrating an increasing share of American manufactures fleeing Asia—namely China—for Mexico, citing competitive wages, specialized workers, and the global costs of oil as deciding factors. Hearing this, you may be curious […]

September 30, 2019

Manufacturing Requirements and Laws in Mexico

Over the last two decades, Mexico has made substantial strides within the global manufacturing economy. Thanks to fluctuating market forces and changes in trade agreements, a steady tide of American manufacturers have fled China in lieu of closer proximity and friendlier business climate with their southern neighbors. If you also are considering relocating your manufacturing […]

Mexico Manufacturing News