Monterrey, Nuevo Leon – Advanced Manufacturing Capital

“The principal sub-sectors of Nuevo León’s industrial economy are computing, electronic and transport equipment, food products, basic metallic industries, and oil derivatives and coal. While the automotive segment remains closely connected to the US economy – Nuevo León exports 80% of its auto parts to the US – the arrivalof KIA Motors in 2016 enables Nuevo León to export finished vehicles to markets across the globe.”

Monterrey’s has 50 major industrial parks over five industrial areas ideal for manufacturing activities. At the end of the 3rd quarter of 2018, average lease cost hovered at $0.40-$0.43 per square foot, with 5.6 million SF available and 1.53 million under construction.

Sitting just below Texas, Monterrey has rapid access to major North American transportation arteries. In 2018, Mexico unveiled the new logistical support facility at the Laredo-Colombia border crossing. The Colombia International Bridge has a capacity for 12,000 daily truck crossings, a bonded warehouse and advanced technologies for screening cargo shipments.