Co-Production International (CPI) announces its Baja Manufacturing Tour
for this coming July 25th as Mexico releases positive trade surplus of almost $510 million dollars ending this April. With the country’s National Institute of Statistics and Geography (INEGI) reporting an April 2013 deficit of $1.22 billion dollars, this announcement has US companies keen on the Mexico manufacturing
sector’s growth and contribution to export statistics reported for this year. CPI’s third quarter tour comes at a timely moment and aims to give US firms first-hand access to the benefits of manufacturing in Baja California
Going into the game, Brazil was favored to beat Mexico on Tuesday in the group stage of the FIFA World Cup. The atmosphere had been decidedly friendly as tens of thousands of fans from both sides met in the streets in a lighthearted rivalry.
At the stadium, the chants from the Mexican crowd could be heard rising above those of the Brazilians at times: "Si se puede" ("Yes, we can") and the refrain from the song "Cielito Lindo"—"Ay, ay, ay, ay, canta y no llores" ("Ay, ay, ay, ay, sing and don't cry").
In the end, there was no need for tears from either side. The game ended in a scoreless tie — fitting, perhaps, for two countries who remain locked in another type of competition.
Over a decade ago manufacturers wouldn't hesitate to say that China and other overseas locations were hands-down cheaper than anywhere in the world. That is no longer the case. The trend has shifted for both political as well as economic reasons, and Mexico has arrived to the top of the short list.
Moving operations to Mexico, or nearshoring as it's called, has now evolved from being a trend to a best practice. With Mexico boasting over 50 years as a manufacturing leader, Co-Production International presents the following Top 10 Reasons to manufacture in Mexico versus China.