Mexico Overtaking China as Global Industrial Power
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 [...]
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 [...]
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 [...]
China has long been a staple in the world of manufacturing and production. However, recent developments such as rising shipping prices and labor rates that have contributed to a [...]
With labor costs, shipping delays and political tensions rising between China and the United States, manufacturers are heading south to Mexico to restructure their organizations within North America. Economists [...]
April 11th, 2014 -- Mexico's part of the U.S. import sector has climbed to a record-breaking rate of 14.4%. Hoopnotica is one of the growing number of U.S. businesses [...]
March 13th, 2014 - For the past 20 years, China has been the key for global expansion plans at many businesses in California and the United States. But due to [...]
The rise of China’s manufacturing sector has posed an incredible challenge to the North American auto industry and manufacturing in Mexico appears to present the best possible solution. While [...]
Globally, companies want to remain on top, and in order to achieve that, they must sustain an advantage over competitors. Many companies have had to face the decision of [...]
NAPS was featured in the article “As China’s Wages Climb, Mexico Stands to Win New Manufacturing Business”, written by Tim Johnson, Mexico Bureau Chief of the McClatchy Newspapers. There [...]
Several factors have aligned to make manufacturing in Mexico a more strategic choice for the U.S. market. For 20 years, manufacturers left the U.S. for China to cut costs. [...]
From October 13th through November 18th, 2011, Cook Associates Executive Search polled nearly 3,000 manufacturing executives primarily small to mid-sized U.S. companies. C-level executives and vice presidents in charge [...]
When the United States-Mexico-Canada Agreement (USMCA) replaced the North American Free Trade Agreement (NAFTA) in 2020, many manufacturers wondered what would change. The answer, five years later, is clear: [...]