Click to Discover the Top 10 Mexican Cities for Quality of Life in 2024: Key Insights for Manufacturing Expansion

Discover the Top 10 Mexican Cities for Quality of Life in 2024
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Manufacturing in Monterrey, Advanced Manufacturing Capital

Monterrey, Mexico is not only the capital of the state of Nuevo León, but also considered the national capital of advanced industry. Located just under the tip of Texas, Monterrey is known for being the most “Americanized” city, enjoying the highest per capita income in the nation. Monterrey is the northernmost commercial hub, the 3rd largest metropolitan area in Mexico, and one of the most developed cities in Mexico. The robust infrastructure and skilled workforce make manufacturing in Monterrey Mexico an attractive option for companies seeking efficiency and competitiveness.

Monterrey Manufacturing Cluster Strategy

In 2004, the state government introduced a cluster strategy aimed at encouraging the formation of industry-specific clusters to drive economic development and innovation in Monterrey Nuevo León. By 2018, Nuevo León had 13 strategic clusters, including automotive, aerospace, appliances, and medical devices. In 2024, Nuevo León continues to expand its strategic clusters, now totaling 15, including recent additions in renewable energy and digital technology sectors. This expansion underscores the region's commitment to fostering diverse manufacturing industries.

Setting up a manufacturing plant in Monterrey?

Monterrey's strategic location, advanced infrastructure, and skilled workforce make it an ideal hub for manufacturing and global trade. Businesses looking to optimize their supply chains and leverage these advantages should consider Monterrey for their operations.

TOP MANUFACTURING SECTORS IN MONTERREY

A Diverse Manufacturing Hub with Global Reach and Local Dominance

Monterrey, Nuevo León is a powerhouse in the manufacturing world, attracting global manufacturers across major industries such as aerospace & defense, electronics, medical devices, and automotive. The Monterrey manufacturing industry is renowned for its significant role in the domestic electronics sector, producing household appliances like washing machines, which account for 30% of Mexico’s national exports in this sector alone.

Additionally, Monterrey excels in the automotive industry, manufacturing 40% of Mexico’s auto parts, driven by strong regional value chains and the benefits of the USMCA agreement.

Beyond its appeal to foreign manufacturing companies, Monterrey is home to some of Mexico’s largest brands, including Pemex, the national oil company, and CEMEX, the world’s largest cement company.

The city is also the heart of Mexico’s steel production, making it indispensable to the country’s industrial landscape. As of 2024, the Monterrey industrial sector continues to be a cornerstone of Monterrey's economy, contributing nearly a quarter of the state’s GDP and over 60% of Nuevo León’s exports.

Monterrey Industrial Parks, Lease Costs, and Workforce Availability

- Industrial Parks and Strategic Location

Monterrey, Nuevo León features 50 major industrial parks with state-of-the-art facilities, strategically located for easy access to extensive transportation networks. These parks offer a wide range of industrial buildings that cater to diverse Mexico manufacturig sectors. Their strategic positioning allows seamless connectivity to major highways, railways, and ports, enhancing supply chain efficiency and the movement of goods​.

- Lease Cost for Industrial Space in Monterrey

The average lease cost for industrial space in Monterrey is approximately $0.50-$0.55 per square foot as of 2024, reflecting strong demand due to the city's attractive business environment. The availability of modern facilities, combined with cost-effective pricing, makes Monterrey an ideal location for setting up manufacturing operations. These parks are equipped with high-speed internet, reliable power supply, and advanced security systems​.

- Monterrey Mexico Manufacturing Workforce

Monterrey also benefits from a skilled workforce and strong educational institutions, ensuring a steady supply of well-trained professionals. The city’s proactive government policies and incentives, such as tax benefits and simplified regulatory processes, attract significant foreign direct investment, fostering continuous growth in the industrial sector. This combination of strategic location, competitive costs, excellent infrastructure, and a skilled labor force solidifies Monterrey's position as a premier destination for manufacturing and industrial operations​.

Infrastructure & Logistics in Monterrey

Strategic Location and Seamless Connectivity

Monterrey, Mexico, is a prime location for logistics and manufacturing, thanks to its strategic positioning and comprehensive transportation network. This city is a crucial gateway for trade between Mexico, the United States, and global markets.

The robust infrastructure includes advanced border crossings, major maritime routes, extensive road and rail systems, and a rapidly growing international airport. Monterrey manufacturing companies benefit significantly from these facilities. Additionally, Interpuerto Monterrey, Mexico's largest inland port, enhances the region's capabilities with state-of-the-art facilities and significant industrial space, attracting major companies and investments.

- Monterrey's Access to North American Transportation Networks

  • Laredo-Colombia Border Crossing: Enhanced with AI-driven logistics systems for efficient northward trade.
  • Maritime Routes: Utilizes ports of Altamira and Veracruz for imports from Asia and Europe.
  • Road & Rail Networks: Highways like Monterrey-Nuevo Laredo and Monterrey-Saltillo; rail services by KCSM and Ferromex.
  • Monterrey International Airport: Offers nearly 300 daily flights and robust air cargo services, including a 15-acre air cargo terminal.

- Interpuerto Monterrey: Mexico's Largest Inland Port

As of 2024, Interpuerto Monterrey has expanded significantly, covering over 1,500 hectares and including advanced infrastructure to support various manufacturing industries.

  • Customs Inspection Area: Enhances efficiency of import and export processes.
  • Major Companies: Bosch is building a home appliances facility ($254 million USD investment, 1,500 jobs); Kuka Home Mexico expanded with a $150 million USD investment, creating 1,000 jobs initially, with plans to reach 2,500 jobs.

Interpuerto Monterrey, with over 1,433 hectares of industrial space, railroad connectivity, customs, and a bonded warehouse, is Mexico's largest inland port, making it a strategic hub for business, logistics, and manufacturing.

Aerospace & Defense Manufacturing in Mexico latest update 2019 revision

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Co-Production International, Inc. Administrative Service Provider San Diego, California
Sales and Consultation Inquiries:
Toll Free: 855.480.0837

ico flag usaUSA Corporate Office
Ph: 619.429.4344
8716 Sherwood Terrace
San Diego, CA 92154
USA

ico flag usaMéxico Corporate Office
Tel.: 664.454.3330
Boulevard Agua Caliente 4558
Int. 701, Colonia Aviación
C.P. 22014, Baja California
info@co-production.net

ico flag usa Monterrey Nuevo León Office
Av. Benito Juárez 1102 Col. Centro
Piso 4 Torre Sur, Oficina 432
Monterrey, Nuevo León 64000, Mexico
info@co-production.net

Co-Production International, Inc. Administrative Service Provider San Diego, California

ico flag usaUSA Corporate Office
Ph: 619.429.4344 / 855.480.0837
8716 Sherwood Terrace
San Diego, CA 92154 USA

ico flag usaMéxico Corporate Office
Tel.: 664.454.3330
Boulevard Agua Caliente 4558
Int. 701, Colonia Aviación
C.P. 22014, Baja California
info@co-production.net

ico flag usaMonterrey Nuevo León Office
Av. Benito Juárez 1102 Col. Centro
Piso 4 Torre Sur, Oficina 432
Monterrey, Nuevo León 64000, Mexico
info@co-production.net

ico flag usaUSA Corporate Office
Ph: 619.429.4344 / 855.480.0837
8716 Sherwood Terrace
San Diego, CA 92154 USA

ico flag usaMéxico Corporate Office
Tel.: 664.454.3330
Boulevard Agua Caliente 4558
Int. 701, Colonia Aviación
C.P. 22014, Baja California
info@co-production.net

ico flag usaMéxico Monterrey Office
Av. Benito Juárez 1102 Col. Centro
Piso 4 Torre Sur, Oficina 432
Monterrey, Nuevo León 64000, Mexico
info@co-production.net