Mexico Manufacturing News Archives | Page 2 of 16

July 20, 2020

Cost of Industrial Buildings in Mexico vs. U.S.

Manufacturers of all sizes are always looking for ways to optimize efficiency. If your operation is currently based in the U.S., you know firsthand that industrial space is extraordinarily expensive. Rather than looking for cost-cutting measures elsewhere, one of the most beneficial ways to maximize your bottom line is reconsidering where your warehouses are stationed. […]

March 30, 2020

Effects of COVID-19 on The International Supply Chain

The global pandemic began due to the initial outbreak of the coronavirus epidemic in Wuhan, China. With no new deaths in the Hubei province for several days, one might assume that manufacturing in China will soon return to business-as-usual, ending the disruptions to the global supply chain that have affected companies in the U.S. and […]

March 23, 2020

Understanding the IMMEX Decree

Over the last two decades, Mexico has become an attractive nearshoring destination for many American businesses. The growing popularity of establishing manufacturing operations south of the border is due much in part to the IMMEX Decree, which provided significant incentives, exemptions, and economic benefits to IMMEX-registered businesses. But how does the IMMEX program work? What […]

March 13, 2020

Maquiladora System and Labor Unions in Mexico

Is your business seeking to take advantage of the maquiladora system and IMMEX program by expanding manufacturing operations into Mexico? If so, your success will depend upon your ability to cooperate with the local communities, organizations, and the government. In particular, building relationships with the labor unions—organizations that help employers create healthy work environments and […]

March 5, 2020

Anexo 24 / Annex 24 Inventory Control

In 2014, the Mexican Customs and Tax Authority added Annex 24 (Anexo 24) to its Mexican Tax Reform, and in 2018, further provisions were made. The statute required that businesses manufacturing in Mexico employ automatized inventory control systems as a way to track goods that had been temporarily imported duty-free under the IMMEX decree (which […]

February 15, 2020

Benefits of NAFTA: How NAFTA Has Elevated Mexico’s Economic Health and Status

Since the U.S., Mexico, and Canada agreed upon the new USMCA economic treaty in early 2020, NAFTA has been in the news again. USMCA, in effect, replaces the former international trade agreement, which has transformed the economies of the three countries in the past two and a half decades. While the pros and cons of […]

February 5, 2020

How Does Section 321 De Minimis Apply to You?

If you travel regularly, or if you work in e-commerce or an export/import business, you have most likely encountered the phrases “Duty-Free” and “Section 321 De Minimis.” Often the terms are used offhand and interchangeably without having a clear idea of what they mean or why they were first established. Many people are also unaware […]

February 1, 2020

What Is The Purpose of Entry Type 86?

Global e-commerce has drastically increased the number of international shipments sent each day. When consumers and companies buy merchandise online via an e-commerce platform, it may come from anywhere in the world. Entry Type 86, is a new customs entry type intended to help Customs and Border Protection (CBP) manage the flow of goods, creating […]

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 […]

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