Mexico’s Demographic Advantage as a Manufacturing Destination
The cost-effective rate for employing skilled labor is one of the most attractive factors weighing the decision of many companies looking to locate their manufacturing to Mexico. But there’s more to the story that secures Mexico a spot as an ideal choice for finding skilled labor. Data indicates that the number of individuals entering the […]
Truckers and customs brokers are seeing “red” as border wait times increase
Truck wait times at ports of entry along the United States-Mexico border are up, from El Paso, Texas, to Otay Mesa, California, says American Shipper website. Industry professionals said the longer wait times are a combination of truckers spending more time waiting to load and unload freight at docks and intermodal facilities, as well as […]
How to Evaluate a Shelter Services Provider When Nearshoring in Mexico
The advantages of nearshoring in Mexico has prompted an influx of manufacturers to open facilities over the past several decades. Cost-effectiveness, high product quality, and proximity to the U.S. are some of the main reasons companies have moved part of their manufacturing processes to this region of the world. In order to start operations as seamlessly and […]
STPS, IMSS and SAT join forces to combat outsourcing abuse
By Blanca Juárez Source: El Economista The Ministry of Labor and Social Welfare (STPS) began coordinating tasks with the Mexican Social Security Institute (IMSS) to combat abuses of workers’ rights through outsourcing , said the country’s labor policy officer, Luisa Maria Mayor. The head of the STPS explained that the Fiscal Prosecutor’s Office and the Tax […]
An US$ 80 million investment arrives in Tamaulipas
REYNOSA – By the next six months, two new maquiladoras will begin operations in the city of Reynosa, while one more will carry out an expansion project, thus promoting the economic development of the northern zone of the entity, revealed Carlos García, minister of Economic Development of Tamaulipas. “The companies of English, Indian and Japanese origin, will […]