Mexico, U.S. and Canada agree to promote electromobility

MEXICO – Mexico, the United States and Canada will seek to create stronger regional supply chains and promote targeted investment in key industries of the future, such as semiconductors and electric vehicle batteries, which will be key to…

US and Mexico strategize to lure ‘nearshoring’ business relocation from Asia

Mexico and the United States will work together to lure companies to North America from Asia, the Economy Ministry (SE) said Friday. After a meeting between Economy Minister Raquel Buenrostro and U.S. Secretary of Commerce Gina Raimondo,…
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Relatively cheap labor and its proximity to the U.S. has made Mexico the ideal “Nearshoring” destination

Relatively cheap labor and its proximity to the U.S. has made Mexico an ideal destination for industries to manufacture their products, including electric cars, toys, and medical supplies. Mexico’s manufacturing industry has been “booming”…

China’s loss is Mexico’s gain: Bank of America says a transformed global supply chain means nearshoring investment in the country is a ‘lifetime opportunity’

One of the many buzzwords to have come out of the supply chain crisis of the past few years has been “nearshoring”: companies investing in production closer to home so that they don’t have to deal with global sourcing challenges. In…

Insights on Mexico Industrial Real Estate: Focus on the Automotive Bajio and Northeast Regions

GlobalAutoIndustry.com’s latest Audio Interview “Insights on Mexico Industrial Real Estate: Focus on the Bajio and Northeast Automotive Regions” features Fernanda Martinez and Edgardo Hernandez, both with NAI Mexico. Ms. Martinez is…
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Maquiladoras, Mexico’s Engine of Trade, Driven to Navigate Evolving Demand

Mexico’s maquiladoras, an important generator of manufacturing and employment activity along the U.S.–Mexico border, confront a changing landscape. Evolving global trade patterns, reflecting stressed supply chains and increasing electric…

How Mexico Fills The Manufacturing Skills Gap

A large skills gap plagues the modern business world: the skills possessed by prospective employees versus those required to perform the job effectively. One of the best examples of this is in the manufacturing industry. Currently, there are…

Differences Among Top Automotive Manufacturing Regions in Mexico: How do Suppliers Select Best Locations?

GlobalAutoIndustry.com’s latest Audio Interview “Differences Among Top Automotive Manufacturing Regions in Mexico: How do Suppliers Select Best Locations?” features Gary Swedback. Mr. Swedback is CEO of NAI Mexico and NAI PanAmericas,…

New air cargo route links central China, Mexico