Quality of Life

As one of the most developed areas in Mexico with high numbers of foreign visitors, Monterrey offers manufacturers and their employees a comparatively high quality of life. With the most modern conveniences and the highest per capita income in Mexico, Monterrey is a thriving city that provides foreigners and locals alike a safe and prosperous environment.

The IMMEX (Maquiladora) Program

Unlike companies operating in China, who outsource through contract manufacturing, companies that set up in Monterrey, Mexico can take advantage of the country’s IMMEX program. Under the program, manufacturers have the option to operate under a shelter company, a legal entity that helps the foreign manufacturer get up and running quickly while assuming the legal risk.

A Hub of Manufacturing

Monterrey manufacturing is home to a thriving manufacturing sector. In addition to giving manufacturers access to world-class facilities, the city’s many industrial parks contribute to increasing foreign investment and create numerous employment opportunities, thereby stimulating economic growth. Beyond attracting foreign investment, Monterrey’s industrial parks have significant environmental advantages as well. Within these large-scale industrial “communities,” companies have the potential to conserve resources, recycle materials, and decrease emissions.

Skilled Workforce

Monterrey has skilled labor, turnover rates below 5% and ample universities and training centers to complement the highly competitive candidate pool. With 26 colleges, 22 graduate divisions and three technical schools known for producing quality engineering talent, Monterrey has an abundant and diverse labor market for manufacturers.
Costs of labor are another advantage in selecting Monterrey. Although compensation is competitive, the city boasts low labor costs relative to labor costs in the United States, China and Europe.