Remove Manufacturing Remove Nearshoring Remove Regulations Remove Sourcing
article thumbnail

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.

article thumbnail

Brand and Retail Participation in Manufacturing Innovation

CGS Inc

Body Over the years, you have undoubtedly heard the stories chronicling large retailers’ decisions to invest in their manufacturing supply chains. The other opportunity or challenge (depending on your viewpoint) is the ESG movement and the growing regulations surrounding it.

Retail 52
professionals

Sign Up for our Newsletter

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

article thumbnail

5 Ways Working with a Mexico Shelter Company Helps Avoid Common Operational Mistakes

Ivemsa

The benefits of Mexico manufacturing continue to draw in companies wanting to expand their production internationally. While many are familiar with the idea of what this strategy has to offer, there are also many common mistakes foreign manufacturers make when nearshoring for the first time.

article thumbnail

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 IMMEX program is one of the biggest reasons foreign companies choose manufacturing in Mexico as part of their overall strategy. However, there are advantages U.S.

article thumbnail

Looking for Skilled Manufacturing Labor? Look to Mexico

Ivemsa

However, manufacturing in Mexico requires a spectrum of roles ranging from entry-level to managerial. and other foreign companies manufacturing in Mexico need to know what it takes to stay competitive. As more foreign manufacturers are struggling to find skilled labor, Mexico is becoming a central part of the solution.

article thumbnail

5 Reasons Mexico Manufacturing Remains a Key Strategy in 2022

Ivemsa

For decades, Mexico manufacturing has been viewed as a strategic advantage for U.S. Though, in recent years, there’s been a significant shift from manufacturing in China to nearshoring to Mexico as a key strategy. is the highest source of foreign direct investment (FDI) into Mexico, totaling $5.04 billion USD or 42.5%

article thumbnail

Manufacturing in Mexico: Logistics, Proximity, and Supply Chain

Ivemsa

While the pandemic is what initially sparked a series of delays and stunted foreign operations, manufacturers are still reeling from residual challenges two years later. For many, that involves manufacturing in Mexico. manufacturers that choose to operate in Mexico. However, Mexico manufacturing is not a new strategy.