Nearshoring to Mexico: Is It Cheaper Than the U.S.?
Ivemsa
MAY 3, 2023
Many factors over the years have led to a surge of foreign operators nearshoring manufacturing to Mexico. Though the concept is decades-old, challenges with manufacturing in China and lingering effects from the global pandemic have caused Mexico to be in the spotlight once more. For U.S. manufacturers, in particular, the close proximity between the U.S. and Mexico makes it an optimal choice.
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