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What Is Nearshoring and How You Can Benefit from It

TMS

To understand what nearshoring is, first it’s necessary to understand what offshoring is. In recent years, nearshoring has become more and more common. So, what is IT nearshoring, and why it is so common? What are the pros and cons of using nearshoring? Nearshoring has a more specific connotation.

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Ally Shoring Is Strengthening Ties Between the U.S. and Mexico

Ivemsa

It makes logistical and strategic sense to see the shift of more manufacturing companies taking advantage of the benefits nearshoring to Mexico delivers. With regards to the aerospace sector, Mexico has grown from 100 manufacturing firms in 2004 to 368 by mid-2020, with an estimated 48 percent of foreign direct investment in 2019.