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Getting Ahead in 2023 & The Role of Mexico Manufacturing

Ivemsa

And, in 2023, nearshoring will continue to boost Mexico’s economy as new foreign direct investments are made. companies combat rising manufacturing costs and the struggle to find the skilled labor necessary for production. Qualified and Available Technical Labor. In turn, manufacturing in Mexico will help U.S.

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What is outsourcing to Mexico?

Intugo

This practice is most commonly used in industries with a labor shortage for particular positions or where the labor cost is too high—for example, software developers or designers. Mexico offers labor at globally competitive rates. Relocation of work or services to a lower-cost location in the company’s own country.