Click to Discover the Top 10 Mexican Cities for Quality of Life in 2024: Key Insights for Manufacturing Expansion
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Welcome to our hub of México Manufacturing Highlights, your go-to source for the latest news and insights in the industry. Stay informed, stay ahead! Explore key developments, trends, and innovations shaping the manufacturing landscape in Mexico. Let's dive in!
Three major French companies are making headlines with their plans to invest close to $3 billion in nearshoring operations in Mexico. This monumental commitment includes both ongoing expansions and future plans to bolster Mexico's manufacturing capabilities and create thousands of jobs, strengthening the country's role as a pivotal player in global supply chains.
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Claudia Sheinbaum's presidency marks a significant shift in Mexico’s economic plans. Her administration aims to boost foreign direct investment (FDI) and position Mexico as a leading nearshoring destination, leveraging the United States-Mexico-Canada Agreement (USMCA). This is especially important amid ongoing U.S.-China trade tensions.
Expanding manufacturing operations to a new country presents both opportunities and challenges. For Frame-X, a U.S.-based manufacturer specializing in prefabricated wall and floor assemblies for residential construction, the decision to expand into Mexico was driven by growing demand in the U.S. and the need for increased production capacity.
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In 2024, Mexico exported $3.127 billion in electric vehicles to the U.S., positioning itself as a significant player in the EV industry according to the U.S. Department of Commerce. This occurred in the first quarter of 2024. The report shows that if Mexico keeps growing, it could soon become a global leader in electric car exports.
Under the upcoming administration of Claudia Sheinbaum, Mexico's economic development will focus on five key sectors, which are critical for the country's growth and global competitiveness. Othón Valverde Yáñez, the Undersecretary of Industry and Commerce,
USA Corporate Office
Ph: 619.429.4344
8716 Sherwood Terrace
San Diego, CA 92154 USA
México Corporate Office
Tel.: 664.454.3330
Boulevard Agua Caliente 4558
Int. 701, Colonia Aviación
C.P. 22014, Baja California
info@co-production.net
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
USA Corporate Office
Ph: 619.429.4344 / 855.480.0837
8716 Sherwood Terrace
San Diego, CA 92154 USA
México Corporate Office
Tel.: 664.454.3330
Boulevard Agua Caliente 4558
Int. 701, Colonia Aviación
C.P. 22014, Baja California
info@co-production.net
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
USA Corporate Office
Ph: 619.429.4344 / 855.480.0837
8716 Sherwood Terrace
San Diego, CA 92154 USA
México Corporate Office
Tel.: 664.454.3330
Boulevard Agua Caliente 4558
Int. 701, Colonia Aviación
C.P. 22014, Baja California
info@co-production.net
México Monterrey Office
Av. Benito Juárez 1102 Col. Centro
Piso 4 Torre Sur, Oficina 432
Monterrey, Nuevo León 64000, Mexico
info@co-production.net
