A location along the Pacific Ocean affords Guaymas, Sonora, more than scenic beaches. This mountainous bay-protected town is also the seat of Mexico’s second-largest port on the Pacific Coast. This deep-water Guaymas port offers a complete range of options to move manufacturing goods internationally. The city also offers connectivity via air, I-15, and Ferromex Rail Service … Continued
Saltillo’s strong, manufacturing-focused economy has become well known for churning out a massive amount of automotive components each year. In fact, the capital of Coahuila, Mexico’s third-largest state, is a significant contributor to the state’s $513 million MX in manufacturing production output. In Coahuila as a whole, automotive manufacturing represents more than 63% of the state’s manufacturing … Continued
I recent years, nearshoring has become an increasingly attractive option for manufacturers seeking to more strategically and cost-effectively reach global customers. Now the global COVID-19 pandemic, coming hot on the heels of trade uncertainty due to tariffs and newly negotiated free trade agreements, has thrust the need for a diversified global footprint into new focus. A July 2020 report from … Continued
Querétaro exemplifies many of the advantages of manufacturing in Mexico. From cost benefits to highly skilled workers, this small state in north-central Mexico has much to offer. In fact, foreign firms invested more than $1 billion in Querétaro in 2019 alone, much of it in manufacturing. Wondering what Querétaro might offer you? Below, we dive … Continued
After several years of discussion and negotiation, the U.S.-Mexico-Canada Agreement (USMCA) officially replaced the North American Free Trade Agreement (NAFTA) on July 1, 2020. The new free trade agreement brings with it a host of changes that will impact manufacturers across numerous industries, both those already operating in Mexico and those considering manufacturing here for its … Continued
Companies looking for a low-cost way to speed a product idea through manufacturing often turn to offshore or nearshore manufacturing. By moving production to another country, companies are able to capitalize on cost savings for labor and sometimes real estate. But what if you’re looking for more than just cost savings? What about companies looking for a … Continued
Printed circuit boards (PCBs) power a tremendous range of electronic devices and have come a long way in size, function, and complexity since their introduction in the 1940s. Today, stacked layers of extremely small PCBs create the conductive pathways that support consumer electronics, aerospace equipment, computers, telecommunication solutions, and other instruments. Even as these devices … Continued
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For the first time, Mexico has become the United States’ top trading partner. According to data from the U.S. Census Bureau, Mexico’s trade with the United States in 2019 reached a total of $614.5 billion of combined exports and imports. That’s a 0.48% increase in trade between the two countries since 2018, cementing Mexico as the … Continued
After nearly three years of negotiation, the implementation of the U.S.-Mexico-Canada Trade Agreement (USMCA) is at last fast approaching. While the date by which the agreement goes into effect has been pushed back from June to July 1, all parties involved are working toward meeting country-specific requirements to put the “new NAFTA” in place. This implementation … Continued
