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Between 1989 and 1994, 564 new plants opened; in the five years following, 1460 plants opened. However, the maquiladora growth is largely attributable to growth in US demand and devaluation of the peso, not NAFTA itself. [11] [12] [13] In the 1970s, most maquiladoras were located around the Mexico–United States border. By 1994, these were ...
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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".
Location of Mexico. Mexico is a federal republic in the southern half of North America. Mexico has the fifteenth largest nominal GDP and the eleventh largest by purchasing power parity. The Mexican economy is strongly linked to those of its North American Free Trade Agreement (NAFTA) partners, especially the United States.
Pages in category "Manufacturing companies based in Mexico City" The following 23 pages are in this category, out of 23 total. This list may not reflect recent changes .
This page was last edited on 25 January 2020, at 19:51 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The Maquila Decree, established in 1989, lays out the legal requirements for foreign operations in Mexico.As described by the Bancomext Mexican Showroom, an organization to promote foreign investment in Mexico, this program allows foreign companies to build and operate factories in virtually any Mexican location of their choosing.
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