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A quickly growing fifth option for foreign companies to set up manufacturing operations in Mexico is to "Outsource" their manufacturing operation to an independent Corporation "Maquiladora". The manufacturing outsource option is a hybrid of both the "shelter" system and traditional "contract manufacturing or subcontracting". The way that the ...
Manufacturing in Mexico is attractive for companies that experienced pandemic-era supply chain snarls or want to decrease reliance on trade between the US and China amid geopolitical uncertainty.
From 1942 to 1964, the Bracero program allowed men with farming experience to work on US farms on a seasonal basis, and its end ushered in a new era for the development of Mexico. [ 3 ] [ 4 ] The Border Industrialization Program (BIP) began in 1965 and allowed for a lowering in restrictions and duties on machinery, equipment and raw materials.
The U.S. Department of Labor said on Tuesday it is disappointed by the closure of VU Manufacturing's facility in the northern Mexican city of Piedras Negras, which it said failed to adhere to a ...
South Korea's Samsung Electronics and LG Electronics are considering moving some manufacturing of home appliances from their Mexican plants to their U.S. plants, a South Korean newspaper reported ...
Both companies invested a total of $1 billion for construction and operation of the manufacturing plant. The production site is located near the Nissan Aguascalientes A2 plant. At the time of its establishment, the plant was targeted to have an initial annual production capacity of more than 230,000 vehicles and was to create about 3,600 direct ...
Nina Ajemian curated the deals section of today’s newsletter. Subscribe here. Correction, Dec. 6, 2024: The email version of this article referenced the air travel space between the U.S. and Mexico.
Manufacturing in Mexico This page was last edited on 10 March 2018, at 10:50 (UTC). Text is available under the Creative Commons Attribution-ShareAlike 4.0 License ...