From Daily Rate to Fully Burdened Cost: Three Layers Every Manufacturer Should Understand Every benchmark table for Mexican manufacturing wages distills a complicated payroll structure into a single number. That number is useful once you trust it. The problem is that most operations leaders cannot see the layers underneath it, which means they cannot anticipate … Continued
How many free trade agreements does Mexico have? Fourteen, covering 52 countries across six continents and roughly 60% of global GDP. No other major manufacturing destination offers anything close to this reach. Trade agreements are one dimension of our complete guide to manufacturing in Mexico, which also covers costs, labor, industries, and entry models. That … Continued
If you manufacture in Mexico or are seriously evaluating it, the IMMEX program is the legal framework your operation will run on. Not the only one, but the foundational one. It determines how your raw materials enter the country, how long they can stay, what taxes you owe on them, and what happens when your … Continued
If you manufacture in Mexico or are seriously evaluating it, the IMMEX program is the legal framework your operation will run on. Not the only one, but the foundational one. It determines how your raw materials enter the country, how long they can stay, what taxes you owe on them, and what happens when your … Continued
What does it cost to manufacture in Mexico? Real cost breakdowns by role, region, and category from operators supporting 60+ manufacturers. Introduction Mexico is the #1 US trading partner, with $839.6 billion in bilateral goods trade in 2024 and over $505 billion in goods flowing to the US alone. The question is no longer whether … Continued
What does it cost to manufacture in Mexico? Real cost breakdowns by role, region, and category from operators supporting 60+ manufacturers. Introduction Mexico is the #1 US trading partner, with $839.6 billion in bilateral goods trade in 2024 and over $505 billion in goods flowing to the US alone. The question is no longer whether … Continued
Why You Need a Reliable Guide to Manufacturing Wages in Mexico If you are seriously evaluating manufacturing in Mexico, three questions usually drive the conversation: This benchmark guide is part of our comprehensive resource on manufacturing in Mexico, which covers costs, industries, locations, and entry models. What does it realistically take to compensate a manufacturing … Continued
This blog post outlines a comprehensive approach for C-level executives considering moving their manufacturing operations to Mexico. It covers evaluating the suitability of Mexico, selecting the mode of entry, assessing potential locations, estimating costs, visiting sites, and making an informed decision. This guide highlights strategic insights, practical steps, and various approaches to facilitate this process, … Continued
Manufacturers weighing an expansion to Mexico may already know the advantages. But what about the disadvantages? Understanding potential trade-offs upfront can help you ensure you make the right decision for your organization. Manufacturing in Mexico presents numerous advantages and challenges, particularly concerning the manufacturing labor force. One of the key advantages lies in the competitive … Continued
NAFTA brought forth the first trade agreement between two developed countries and an emerging market in North America. The reasons behind the three nations signing the free trade agreement were multifaceted. One of them was that it allowed the US and Canada to compete with other upcoming markets such as China and the European Union. … Continued
