Industry Today: Mexico: Close-to-Home Manufacturing
Large American manufacturers discovered the many benefits of production in Mexico—cost-competitiveness, young and motivated workforce, proximity, tariff benefits, less risk—that small-to-medium sized businesses can also take advantage of, but all too often don’t.
Small-to-medium sized manufacturers typically lack the resources and know-how to fully understand complex and ever-changing Mexico compliance laws, navigate import/export requirements, hire staff and perform other essential general and administrative functions in another country, in another language. If they do outsource manufacturing to Mexico, they typically hire a subcontractor over which they have limited control.
There is a better way.
Read the full article on the Industry Today website.
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