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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.

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Evaluating Startup Costs When Nearshoring to Mexico

Ivemsa

The manufacturing industry continues to evolve as more companies consider nearshoring to Mexico as a production strategy. Regardless of the sector, one of the first questions business leaders always ask is: how much will it cost to operate? First-time setup for foreign manufacturers requires several types of costs.

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By the Numbers: What U.S. Manufacturers Can Expect from IMMEX

Ivemsa

However, to receive this tax savings, there are several compliance obligations required when nearshoring to Mexico. A shelter provides the expertise, experience, and local knowledge to ensure foreign manufacturers are compliant during all stages of production. This can help manufacturers scale more quickly and effectively.

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Getting Ahead in 2023 & The Role of Mexico Manufacturing

Ivemsa

and other foreign manufacturers are considering Mexico as part of their strategy to expand production in the new year. As of November 2022, 87% of Mexico’s imports come from manufactured products. And, in 2023, nearshoring will continue to boost Mexico’s economy as new foreign direct investments are made. production.

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Navigating Tax Compliance When Manufacturing in Mexico

Ivemsa

There are numerous benefits of moving manufacturing to Mexico which have led to continuous economic growth and success for global companies across all industrial sectors. The country delivers has a highly-skilled, cost-effective workforce , and close proximity to the U.S. of operating costs is declared a safe harbor.

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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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Advantages of Working with a Mexico Shelter Company

Ivemsa

Manufacturing in Mexico can be a rewarding yet complex endeavor. To alleviate this burden, the majority of foreign operators choose to work with a Mexico shelter company. To alleviate this burden, the majority of foreign operators choose to work with a Mexico shelter company.