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Learn our story, leadership, and mission shaping manufacturing in Mexico.
On-Demand Webinar
How Much Does It Cost to Manufacture in Mexico?
A cost breakdown for manufacturers evaluating Mexico, covering labor, real estate, utilities, start-up costs, and the expenses that rarely make it into a first estimate.
What This Session Covers
Pricing an operation in Mexico is one of the harder parts of the evaluation, and it is usually where the decision gets made. Published wage rates and lease rates are easy to find. What decides whether the business case holds is everything underneath them, and that varies by region and by how the operation is set up.
Key Takeaways
- Direct and indirect labor rates, and how far they move between regions
- Real estate rates, and what drives the gap between markets
- Utility costs and how they are billed
- The start-up costs of standing up a new operation
- The costs manufacturers most often leave out of a first estimate
Recorded in December 2021. Rates have moved since then, so treat the numbers as a guide to the method rather than current figures. Talk to us for today’s data.
Audience
Who Should Watch?
Evaluating Mexico
You need to know whether the numbers work before committing to a site or a structure.
Already Operating in Mexico
Your plant is running and you want to see how its cost structure compares.
Competing with Operations in Mexico
Your competitors manufacture there, and you want to understand the cost base you are measured against.
Diversifying Your Footprint
You are spreading production across more than one country, and Mexico has to be priced honestly.
About the Speaker
David McQueen
Management Consultant, Tetakawi
David has more than 30 years of senior leadership experience, in roles including Director, Vice President and President. He has led the launch of multiple manufacturing operations in Mexico.
About Tetakawi
Since 1986, Tetakawi has helped manufacturers launch and operate in Mexico. Today 60+ manufacturers run inside its five Manufacturing Campuses, which employ 22,000+ people across 6.5 million-plus square feet.
