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5 Reasons Companies Are Nearshore Manufacturing to Mexico

Ivemsa

They join several of the top global leaders in the manufacturing industry that have benefited from the advantages of nearshoring to Mexico for decades. Here are five reasons companies are nearshoring manufacturing to Mexico as part of their strategic operations. #1: million unfulfilled jobs by 2030. could result in 2.1

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Why U.S. Manufacturers Are Operating in Mexico Now More Than Ever

Ivemsa

manufacturers incentives for nearshoring to Mexico. By 2030, 2.1 million manufacturing jobs are projected to go unfulfilled. Plus, labor rates in Mexico are a fraction of the cost for similar jobs in the U.S. Sources: [link] [link] The post Why U.S. Here are other benefits U.S. manufacturers can consider.

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Three Leading Sectors Benefiting from Manufacturing in Mexico

Ivemsa

operators are considering nearshoring for the first time. 80 aerospace firms alone are set up in Baja California which supports 37,000 direct jobs. It has chosen Monterrey for its next factory location as it expands worldwide production to reach a goal of 20 million electric vehicles per year by 2030.

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Why Should My Business Manufacture in Mexico?

Ivemsa

Mexico is a top option for many foreign manufacturers wanting to nearshore or reshore their production. It’s been reported over two million manufacturing jobs will sit empty through 2030, which could ultimately cost the U.S. Sources: [link]. With the “Great Resignation” gaining steam in the U.S.,

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Machine Learning in Fintech: Top 5 Uses & Overview

Vilmate

It’s aimed at manipulating some particular source of data. Source: Simplilearn. Starting from a banking app on your personal smartphone, fintech startups, and finishing with huge international corporations with massive financial streams, AI/ML tools are relentlessly doing their job. . Source: Statista.

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