Destination, production process, and materials all play an important role in making a decision to move to Mexico. Specifically, medical device manufacturers face unique obstacles when transitioning production to Mexico. For example, if the products are being shipped to the U.S., they must fulfill quality system (QS) requirements set by the U.S. Food and Drug Administration … Continued
In recent years, many major medical device manufacturers have set up shop in Mexico. According to numbers from the Instituto Nacional de Estadística y Geografía (INEGI), the total aggregate production value of the medical device manufacturing industry was indeed expected to grow from $8 billion in 2011 to $15 billion by 2020. There are many reasons … Continued
There is more to Mexican manufacturing than free trade agreements and cost-efficient resources. The county is home to a young population eager for employment opportunities and ready to invest in their future. To encourage citizens to succeed while appealing to foreign manufacturers, Mexico has established innovative education opportunities and collaborations for the benefit of its … Continued
Mexico and India have strong relations that usually end in investment and collaboration. When it comes to manufacturing, India has often been held as an example of a country that offers optimal offshoring resources for major companies. For years, the country was synonymous with global third-party services and the benefits of working with foreign … Continued
Flex, a medical manufacturing company that designs and builds intelligent medical devices, announced the grand opening of a new medical device manufacturing facility and Center of Excellence in Tijuana, Mexico. The new Flex medical manufacturing facility will employ 2,400 workers and span 530,000 square feet of land. The new facility will manufacture medical devices for … Continued
Medical device manufacturing is expected to grow as an industry, especially in Mexico. According to Mexico’s Ministry of Economy, the country produced $10.59 billion in medical devices in 2012. Additionally, the “Medical Device Contract Manufacturing Market Forecast 2015-2025,” compiled by Visiongain, found emerging economies, especially South and Central America, will continue to achieve high revenue growth to … Continued
Supply chain management consumes more than one-third of manufacturers annual operating costs and is a top operator in the Healthcare industry, making improvements in this area a key opportunity for reducing spending and nurturing growth within the medical field. Logistics partnerships are a top strategy for managing such supply chain costs, but implementing a few key best practices will … Continued
Manufacturing in Mexico has become attractive for a wide range of companies. The country offers a lot of logistical benefits that can help organizations save money when importing raw materials needed to produce goods. There are also advantages associated with exporting finished products out of Mexico where they can be purchased on the open market … Continued
Bio-based materials, which make up substances polymers, are becoming more prevalent in several manufacturing verticals, according to an article by ThomasNet. Lux Research predicted in the report that global production capacity for these chemicals and materials will double by 2017, a reflection of many manufacturers’ sustainability and supply chain diversification initiatives. Of the verticals incorporating a … Continued
Pharma Major Lupin, headquartered in Mumbai, is a global pharmaceutical company involved in many sectors of the medical device and drug industry, producing both branded and generic medical implements and medications. It concentrates on cardiovascular, diabetology, asthma, pediatric, CNS, GI, anti-infective and NSAID products, and is also a leader in anti-TB and cephalosporin products. It … Continued
