Ivemsa

JULY 31, 2023

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. manufacturers as the generational shift is showing fewer people interested and/or qualified in industrial work.

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Ivemsa

MAY 3, 2023

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. and Mexico makes it an optimal choice.

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Ivemsa

MAY 26, 2023

Nearshoring to Mexico has become a go-to strategy for many as more companies are expanding their portfolio and setting their sights on what Mexico has to offer. In the first part of 2022, $32 billion of FDI was reported, with $11 billion contributed by manufacturing alone. Why the interest in manufacturing in Mexico?

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Ivemsa

JULY 29, 2023

and other foreign manufacturers. In early 2020, a well-established aluminum extrusion company (AEC) reached out to IVEMSA regarding the possibility of manufacturing in Mexico and how IVEMSA could help. Meanwhile, inflation made it difficult to source new spaces that would fit their operational budget.

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Ivemsa

APRIL 6, 2022

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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Ivemsa

OCTOBER 20, 2023

Mexico has been a manufacturing leader but has recently surpassed China as the top trade partner with the U.S. and other foreign manufacturers expanding their operations can depend on the blueprint that Mexico has in place. operators are considering nearshoring for the first time.

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Future of Digital Sourcing Nearshoring

DECEMBER 16, 2022

In this article, Jessica unlocks the dynamic between nearshoring, offshoring, and onshoring. Another popular type of outsourcing is “nearshoring”, where businesses source staff from neighboring or nearby countries. Offshoring vs nearshoring vs onshoring: key differences. Nearshoring.

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Ivemsa

MARCH 28, 2022

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. How IVEMSA Supports Your Manufacturing Growth.

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Ivemsa

DECEMBER 14, 2022

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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Ivemsa

SEPTEMBER 5, 2023

manufacturers began operating in Mexico as part of its maquiladora program. manufacturers as leaders in semiconductor production worldwide. In coordination with Mexico, the goal is to reshore technology components from Asia and focus on new manufacturing and chip investment opportunities. manufacturers can consider.

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Ivemsa

APRIL 7, 2022

manufacturers to consider diversifying their options and moving at least a portion, if not all, of their foreign operations closer to home in Mexico. Nearshoring manufacturing to Mexico has its advantages over operating in China, though there are frequently asked questions that must be answered in order to help make a decision.

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Ivemsa

AUGUST 23, 2023

Manufacturing in Mexico has grown exponentially over the years, particularly in the automotive industry. manufacturers have been incentivized by USCMA trade provisions regarding original auto content, as well as legislation on microchip production. automakers have benefited from nearshoring for decades. Recently, U.S.

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CGS Inc

MAY 25, 2023

Body Over the years, you have undoubtedly heard the stories chronicling large retailers’ decisions to invest in their manufacturing supply chains. Perhaps the most familiar are Walmart's historic commitments to buy products that support American jobs. So, I see an openness between the parties to redefine cost."

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Ivemsa

JUNE 29, 2022

However, Mexico manufacturing has experienced a resurgence of growth which has surpassed activity pre-pandemic. manufacturers on suppliers in Mexico, though the strong partnership between the two countries isn’t a new concept. Read more: Unique benefits of nearshoring to Mexico for U.S. manufacturers. Source: [link].

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Ivemsa

JUNE 29, 2022

However, Mexico manufacturing has experienced a resurgence of growth which has surpassed activity pre-pandemic. manufacturers on suppliers in Mexico, though the strong partnership between the two countries isn’t a new concept. Read more: Unique benefits of nearshoring to Mexico for U.S. manufacturers. Source: [link].

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Ivemsa

OCTOBER 25, 2022

Manufacturing in Mexico has been a significant global strategy for the past several decades. However, recent shifts in the economy have resulted in a spike in growth, particularly due to manufacturers moving their operations from China to Mexico. Sources: [link]. Instead, U.S. This level of security has been a challenge for U.S.

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Ivemsa

APRIL 20, 2022

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.

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Ivemsa

JUNE 27, 2023

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.

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Ivemsa

NOVEMBER 29, 2021

It’s no secret there’s been an influx of challenges in recent years in the world of manufacturing. Though manufacturers have relied on China for decades as a solution for cost-effective production , these recent challenges remain in effect and aren’t forecasted to change anytime soon. Value of Mexico Shelter Manufacturing.

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Ivemsa

APRIL 2, 2024

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. and other countries.

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Ivemsa

JULY 29, 2021

Mexico is a top option for many foreign manufacturers wanting to nearshore or reshore their production. There are several reasons why it’s become a favored option over China and why businesses are focused on this strategy as part of their manufacturing future. Close proximity to the U.S. Technical skill and availability.

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Ivemsa

FEBRUARY 25, 2022

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%

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Ivemsa

NOVEMBER 22, 2023

Nearshoring to Mexico continues to be a go-to strategy for U.S. and other foreign manufacturers. manufacturers have their sights set on Monterrey, and how Mexico shelter services help to make the transition easier. make it a prime location for manufacturers interested in expanding their production. Additionally, U.S.

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Ivemsa

SEPTEMBER 29, 2021

manufacturers are moving their facilities from China to Mexico or expanding their operations outside their headquartered city for the first time and nearshore manufacturing south of the border. This foreign direct investment spans all sectors, including automotive, electronics, and medical device manufacturing.

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Ivemsa

AUGUST 30, 2022

manufacturers, though trade war conflicts have caused many to set their sights on Mexico instead. manufacturers can serve their customer base faster and at a more cost-effective rate , especially compared to China. is available when manufacturing in Mexico which expedites timelines and decreases freight costs. It exempts U.S.

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Ivemsa

NOVEMBER 29, 2022

Pandemic restrictions and the Great Resignation have delayed and derailed supply chains and manufacturing operations. manufacturers setting their sights on Mexico, they are eager to operate closer to home while still maintaining a cost-effective business model. How Shelter Services Ease Manufacturing Challenges. With many U.S.

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Ivemsa

MAY 26, 2023

and other foreign manufacturers have relied on nearshoring to Mexico as a strategic way to increase production while saving on costs. For manufacturers whose central base is in the U.S., manufacturers primarily relied on China for its cheap labor. Since then, more and more U.S. Contact us today.

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Ivemsa

FEBRUARY 17, 2022

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.

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Ivemsa

MAY 24, 2023

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. Sources: [link] [link] [link] [link] The post U.S.

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Ivemsa

OCTOBER 21, 2021

Change isn’t anything new in the manufacturing industry. and other foreign manufacturers, it’s causing many to shift gears and move operations south of the border. and other foreign manufacturers, it’s causing many to shift gears and move operations south of the border. manufacturers operating in China. Lower Costs.

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Ivemsa

APRIL 7, 2022

The North American Free Trade Agreement (NAFTA) served its participating countries well by placing value on nearshoring and as a result, it boosted exports, created manufacturing jobs, and increased wages for industrial labor. manufacturers to grow as well. Here’s how: Automotive Manufacturing. Aerospace Manufacturing.

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Ivemsa

MARCH 14, 2023

Mexico manufacturing has continued to grow over the years, rising 21% between 2020 and 2021. and other foreign manufacturers and provides all the administrative services necessary to do business. As more companies are considering this nearshoring strategy, here are a few important questions to always keep in mind.

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Ivemsa

DECEMBER 27, 2021

Mexico manufacturing is a leading strategy for U.S. Though not a new approach, it’s one that’s being revisited as companies increase their current foreign direct investment (FDI) or consider manufacturing in Mexico for the first time. is Mexico’s leading source of FDI, amounting to $100.9 manufacturers.

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Ivemsa

SEPTEMBER 8, 2021

Manufacturers making the move from China to Mexico continue to be on the rise due to supply chain interruptions between the U.S. For many, this “made in Mexico” mentality has begun to replace the benefits of Chinese manufacturing that were once in much higher demand. The Importance of Mexico’s IMMEX Program in Foreign Manufacturing.

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Ivemsa

OCTOBER 18, 2023

manufacturers who had been operating in China for years had begun moving their operations to Mexico. And, as a result, China has ceded its manufacturing leadership position to Mexico, as Mexico takes the top spot as the main trade partner with the U.S. As a result of the continuing complications, many U.S.

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Ivemsa

SEPTEMBER 7, 2021

The manufacturing industry is still reeling from the effects of the coronavirus pandemic and the disruption it caused to supply chains all over the world. Data from the International Organization of Motor Vehicle Manufacturers reflected a 16 percent decline of global auto production in 2020. manufacturers making the shift.

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Ivemsa

DECEMBER 29, 2021

and other foreign manufacturers largely due to its cheap labor costs, which were once low enough to offset the expenses of shipping goods overseas. manufacturers to bring their operations closer to home in Mexico as their preferred way of doing business. manufacturers are taking into account when making their next move.

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