The international trade components of imports and exports both play a significant role in Mexico's thriving manufacturing industry. As a key player in the global marketplace, Mexico offers abundant trade opportunities and a favorable business environment to companies in a variety of sectors, seated in numerous countries around the world. To understand why Mexico is such a formidable player in this space, it can be helpful to delve into a [...]

In the rapidly changing landscape of human resources, staying ahead of trends and adapting to new developments is vital for businesses around the world—and particularly for those operating in Mexico. Here, we explore the evolving nature of human resources in Mexico, including labor laws, human capital, talent retention, emerging business opportunities, and key trends to watch. Understanding these factors can help businesses to prepare for the future of HR in [...]

For several decades, Mexico's maquiladora industry—also known as the maquila industry—has played a pivotal role in the country's manufacturing landscape. Emerging in the 1960s, maquiladoras were conceived as export-oriented manufacturing plants that capitalized on Mexico's strategic geographic location and its favorable trade agreements, such as the North American Free Trade Agreement (NAFTA) and its successor, the United States-Mexico-Canada Agreement (USMCA). Here, we explore what you need to know about modern [...]

If you’re looking to take advantage of the benefits of manufacturing in Mexico, you’ll need people to power your production. But how do you meet your human resources (HR) needs while navigating unfamiliar waters? The key is bringing in HR professionals well-versed in Mexico’s laws, language, and culture. Here’s what you need to know about outsourcing your human resources in Mexico. Outsourcing HR: What to Keep in Mind Solutions offerings: [...]

From the country’s strategic geographic location to its 14 free trade agreements, the advantages of manufacturing in Mexico are plenty. But are things really as good as they seem? Here’s what you need to know about the realities of doing business in Mexico. Starting Your Business: How Easy Is It? While navigating certain procedures can be difficult, such as registering with the Mexican tax authority, starting up a manufacturing business [...]

If you’ve considered nearshoring your operations, you probably already know the many benefits of manufacturing in Mexico. Now, the question is, which city is best for your business? The country as a whole comes with natural competitive advantages, but you want to know you're choosing the Mexican state and city that best aligns with your company. Here are some of the most common industries with manufacturing operations in Mexico, plus [...]

IMMEX has become synonymous with Mexican manufacturing. The question is: How exactly does it benefit companies looking to manufacture in Mexico? We break down all of the IMMEX basics you need to know. How It Started Formerly known as the maquiladora program, IMMEX was initially established in the 1960s as a way of encouraging investment from foreign companies, strengthening the border economy, and alleviating unemployment issues. With the approval of [...]

Decades ago, outsourcing took the business world by storm, and its popularity has only continued to increase. Today, 68% of U.S. companies outsource to other countries in order to cut costs and free up more time for core business functions. With more businesses looking to follow suit, and with so many pros and cons to outsourcing overseas, many might be wondering how to go about choosing the right international location. [...]

Miniscule production costs, high output, and an abundance of workers: The benefits of manufacturing in China once seemed to be endless. Now, that’s no longer the case. Prior to COVID-19, companies had already been steadily moving their manufacturing out of China in favor of the benefits of manufacturing in Mexico. Today, we’re seeing manufacturers relocate at much faster rates for a number of reasons, some of the most notable include [...]