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U.S. and Mexico Labor Cost Comparison: An Overview

Ivemsa

The evolution of the manufacturing industry has advanced due to sophisticated technology and automation which can streamline certain processes. Though, despite improvements, manufacturing still requires skilled labor which accounts for a high percentage of the total operational costs. Because of this, many U.S.

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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. are located in the Midwest or East Coast, Monterrey is the nearest point in Mexico that has the quality of life, infrastructure, and security manufacturers are looking for.

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5 Reasons Companies Are Nearshore Manufacturing to Mexico

Ivemsa

The manufacturing industry is ever-evolving, and there’s been a particular shift that’s picked up steam over the past several years. They join several of the top global leaders in the manufacturing industry that have benefited from the advantages of nearshoring to Mexico for decades. 2: Competitive Costs. . #2:

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Nearshoring to Mexico: Is It Cheaper Than the U.S.?

Ivemsa

Many factors over the years have led to a surge of foreign operators nearshoring manufacturing to Mexico. Though the concept is decades-old, challenges with manufacturing in China and lingering effects from the global pandemic have caused Mexico to be in the spotlight once more. Read more: Skilled labor costs in Mexico.

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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. in terms of reduced costs and worker availability. However, Mexico has surpassed China and the U.S.

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Preparing for the Advancement of Nearshoring to Mexico

Ivemsa

Manufacturing has evolved over the past 30 years from what was mostly a closed economy to becoming one of the largest export-driven, open economies in the world. manufacturing leaders said their company has reshored at least a portion of their operations, with an additional 22% revealing plans to reshore within the next three years.

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5 Reasons to Consider Merida When Nearshoring to Mexico

Ivemsa

Nearshoring to Mexico is not a new concept. Foreign manufacturers have benefited for decades, with most facilities conveniently set up right across the U.S./Mexico Merida is one of the main locations to keep on the shortlist of places to set up nearshoring to Mexico. Low Labor Turnover. Mexico border.