article thumbnail

Nearshoring to Mexico? Why Monterrey Might Make the Most Geographical Sense

Ivemsa

Successfully nearshoring in Mexico starts with establishing the best possible location for production. marke t, it helps to reduce transportation time and costs. These types of long-term investments speak to the growth occurring in Monterrey and have identified it as a place to carefully consider when nearshoring to Mexico.

article thumbnail

Customizing Nearshore Manufacturing to Meet Company-Specific Needs

Ivemsa

Nearshoring to Mexico has become the go-to strategy for U.S. manufacturers looking for cost-effective, high-quality operating solutions. While nearshoring manufacturing is advantageous to all sectors , most companies require customization to ensure the solution fits both their short- and long-term needs.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Nearshoring to Mexico & The Advantages of the IMMEX Program

Ivemsa

Nearshore manufacturing has remained a hot topic over the past decade, particularly rising in popularity post-pandemic. However, the truth is nearshoring manufacturing has been a well-known business strategy for 50+ years. and other foreign manufacturers to operate in a more cost-effective way. The close proximity to the U.S.,

article thumbnail

Navigating the Shift of Nearshoring to Mexico

Ivemsa

In decades past, its cheap labor costs and quick production times made it advantageous for U.S. However, the past few years have highlighted many of the persistent issues with outsourcing to China, leaving many to consider nearshoring to Mexico as an alternative. Reasons for the Shift to Mexico U.S.

article thumbnail

Exploring the Top Benefits of Nearshoring to Mexico

Ivemsa

The manufacturing industry is focused on keeping up with demand in the most cost-effective way possible. Though nearshoring to Mexico is not a new strategy, it is one more companies are considering for the future. When it comes to supporting growth while saving on costs, here are a few of the top reasons why this approach is favored.

article thumbnail

Manufacturing in Mexico vs. China: Why U.S. Companies Prefer Nearshoring

Ivemsa

due to low labor costs. This minimizes a company’s risk and liability and provides them with administrative support and expertise during the setup process. Manufacturing in Mexico saves on production time and costs while maintaining convenience and quality for U.S. Companies Prefer Nearshoring appeared first on IVEMSA.

article thumbnail

Preparing for the Advancement of Nearshoring to Mexico

Ivemsa

This program allows foreign manufacturers exemption from the 16% VAT tax on temporarily imported goods and materials, making it one of the key advantages incentivizing nearshoring to Mexico for foreign operators. One of the biggest advantages of nearshoring to Mexico is the highly-skilled, cost-effective workforce.