Mexico Manufacturing Information

More and more high-tech companies are turning to Mexico’s well-educated work force rather than China’s to create their products, a big turnaround from twenty years ago. Firms with plants already established in China are moving operations to Mexico where productions are faster, not only because shipping times are six weeks shorter, but also the expertise …[Read the Rest...]

The Bodycote manufacturing facility, located in Empalme, Sonora, Mexico—created to promote offshore export manufacturing in Mexico’s Northwest region—has earned Nadcap approval and accreditation for aerospace industry manufacturing of Rolls-Royce aero engines, MTU aero engines, and Pratt & Whitney Canada. The plant’s approval promises high-quality heat treatment and brazing services, in addition to a more economical …[Read the Rest...]

Congratulations to our client Horst Engineering on acquisition of Sterling Machine! EAST HARTFORD, CT, April 3, 2013 – Horst Engineering and Manufacturing Co. today announced it has acquired the assets of Sterling Machine Company, Inc. of Lynn, Mass., a manufacturer of precision machined components primarily for the aerospace industry. Sterling had been a family-owned company, manufacturing components for …[Read the Rest...]

According to recent research from Bank of America Merrill Lynch, Mexico’s average hourly labor wages are now 19.6% lower than China’s. Increasing labor wages in China, combined with plateaued wages in Mexico, have created a major reversal from ten years ago, when labor wages in Mexico were 188% higher than they are now. Mexico’s labor …[Read the Rest...]

IMMEX Explained Mexico provides an incentive for companies that export goods.  The incentive consists of allowing a Mexican company to carry out “temporary” importations of production inputs and assets without having to pay the otherwise assessed value added tax; which is 16% in the interior of Mexico and 11% on the border zone.  To obtain …[Read the Rest...]

Automakers: All Aboard for Nearsourcing -  More and more people are jumping on the train to Mexico – and financial analyst Jim Cramer is one of the latest to buy a ticket. Recently, Cramer – a former hedge-fund manager and host of CNBC’s “Big Money” – was raving about railroad company Kansas City Southern (ticker …[Read the Rest...]

With the economic turndown of 2008 in its rear-view mirror, automotive manufacturing in Mexico is revving up  once again – and one expert says the city of Saltillo is primed for business. “In Saltillo, an entire automobile can almost be built,” Miguel Hernandez observes. “We don’t have a tire manufacturer here, but most of the …[Read the Rest...]

An executive predicting exponential growth for his U.S.-based company after locating a sister plant in Mexico now is watching business take off. “To be honest with you, I see another metal-plating plant in Mexico in INCERTEC’s future,” notes Tim Meador, company president and CEO. “With all of the aerospace industry moving into Mexico here, and …[Read the Rest...]

Manufacturing in Mexico Talk with Minco’s Ron eisele Ron Eisele, vice president of operations of Colorado Springs, Colorado-based Minco Manufacturing, Inc, talks to The Offshore Group about operating a manufacturing plant in Mexico products for business equipment for the North American and world markets. Steve Colantuoni: Ron, I’d just to ask you a few questions …[Read the Rest...]

Jobs seem to be to focal point of any economic discussion these days, especially since the market crash of 2008. This remains true when it comes to those related to international trade agreements like NAFTA, the North American Free Trade Agreement. The NAFTA-20 conference was recently held in San Antonio, Texas, where NAFTA was signed …[Read the Rest...]