A study conducted by Mexico Como Vamos showed that multinational investors are looking for states or cities that have high social progress, …
mexico nearshoring
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Mexico is considering tax incentives to attract foreign investment
Mexico is considering tax credits to attract foreign firms to invest and produce domestically, targeted at electric vehicle (EV), semiconductor, rare earth …
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Mexico’s CFE poor power grid threatens nearshoring
A booming economy and extreme temperatures are pushing power grids to the brink across Mexico, a crisis that’s growing worse with each …
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International companies are coming to Mexico as part of nearshoring expansion
Companies that have already announced nearshoring-related expansions in Mexico include Taiwanese tech giant Foxconn, Danish toy giant Lego, and US Barbie doll …
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Is Mexico the big economic winner from growing US-China tensions?
Sparks fly as laser slices through metal in a factory in Mexico, which is preparing for a wave of foreign investment thanks …
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CCE predicts that nearshoring would give Mexico an annual growth of 4%
Nearshoring ultimately represents a new economic era in the world and Mexico, said the Business Coordinating Council. The arrival of companies attracted …
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Manufacturing sector in Mexico can grow 5% per year thanks to Nearshoring
Mexico’s manufacturing production could grow 5% per year thanks to the boost that nearshoring will give it, according to a report by …
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Mexico has the potential for automation growth, says an industry expert
Mexico has a significant opportunity for “greater adoption of automation” in its industries, especially the reshoring of supply chains, said Jeff Burnstein, …