US companies are increasingly turning to nearshoring in Mexico
There is continuing speculation as regards to how the world will be in a post-COVID-19 environment. Will people return to crowded restaurants, sporting events, and other high-profile public places? Will workers return to their offices, or will they continue to work from home? It is a near certainty that the coronavirus pandemic will leave an […]
New opportunities will increase auto parts manufacturing in Mexico
Despite the problems arising from the contraction of the world economy caused by the spread of the COVID–19 pandemic, companies in the automotive supply sector will have the opportunity to increase their level of auto parts manufacturing in Mexico over the coming years. This will occur in the face of the regional content requirements contained […]
Industry groups and economic officials plan for the reopening of the Mexican economy
Mexico’s Ministry of the Economy is seeking to coordinate with leaders industry sectors to form working groups to plan for the imminent reopening of the Mexican economy. Recognizing the necessity and value of harmonizing and coordinating the operation of its diverse industrial supply chains, the Mexican Ministry of the Economy has called upon various industry […]
In a post-coronavirus economy an optimized Mexican supply chain will be a competitive advantage
Substituting distant suppliers with those that are closer to home will create a strong Mexican supply chain that reduces the risk posed by pandemics and other global economic disruptions Logistics can become a major competitive advantage by reducing risks and costs, increasing revenue, and providing better and more consistent service to customers. Finding the balance […]
Mexico Automotive Manufacturing Overtakes Canada in US Exports
If the current growth trend continues, Mexico automotive manufacturing will soon outperform Japan as the leading vehicle supplier to the United States. For the first time in history, Mexico automotive manufacturing has moved past Canada in terms of the number and value of light vehicles exported to the US market. The United States imports eight […]
Baja California Medical Device Cluster Manufactures Quality
The Baja California Medical Device Cluster continues to grow It is one of the most developed and productive sectors of the state’s burgeoning manufacturing economy. In terms of volume, the Baja California Medical Device Cluster ranks number 7th globally in the quantity of its output. One of the principal reasons why the medical device industry […]
The USMCA Will Expand Wire Harness Manufacturing in Mexico
Automotive wiring will be produced more extensively because of its importance in the growing manufacture of electric vehicles. This means that wire harness manufacturing in Mexico will expand and extend from Ciudad Juarez to Merida. Over the last several decades, Mexico has become a global leader in harness manufacturing (automotive electrical wiring systems). Production of […]
The Mexican Aerospace Sector is Projected to Enter the World’s Top Ten in 2020
Industry watchers project that, during the coming year, the Mexican aerospace sector will break into the top ten in the world in terms of sales of parts to the global industry. Reaching this landmark is concrete evidence that Mexico’s workforce of engineers and specialized technicians is among the best available in the world. According to […]
What is a freight forwarder and what are the advantages of working with a freight forwarder in Mexico?
What is a freight forwarder? A freight forwarder in Mexico, or an international freight agent, is a business that works on behalf of exporters and importers to organize the shipment or transport of goods in a cost-effective, reliable, and efficient manner. The freight forwarder is a key actor in international trade operations, as it is […]
Ten Errors to Avoid When Manufacturing in Mexico
Manufacturing in Mexico is the right move to make to positively impact a company’s bottom-line when some common errors are avoided. A successful company that is manufacturing in Mexico is one that has efficient processes, effective quality systems, trained and productive personnel, reduced cycle times, controlled costs, as well as uses its material resources in […]