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CPI Opens 1 Million SQFt of New Manufacturing Facilities in Mexico
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Co-Production International, Shelter Services in Mexico, has leased nearly one million square feet of manufacturing facilities in Mexico for U.S. companies in 2021-22.
CPI’s eight U.S. partners represent a range of manufacturing industries, including medical devices, furniture, industrial equipment, prefabricated modular homes, boat manufacturing, motors for windows and blinds, thermoforming for agricultural products, and third-party logistics (3PL) warehousing. Currently, CPI is assisting two additional manufacturers ramp up furniture manufacturing and automotive parts facilities.
Manufacturers choose Mexico for its well-established industrial sectors, talented workforce, lower real estate and labor costs, and its proximity to the U.S. and global transportation routes. Delays and increased costs brought on by the COVID pandemic, US-China Trade War and the Ukraine-Russia war have dramatically increased interest in a North American Footprints specifically Mexico.
U.S. and global manufacturers choose a Mexican Shelter for its ability to start operations quickly, the existing permits and licenses for international trade and its in-depth knowledge of Mexican labor, site selection and industrial real estate. CPI also expedites access to the IMMEX Program and VAT Certification which allows manufacturing companies to produce and export products duty and tariff-free.
“U.S. and global manufacturers are investing ln Mexico-based facilities to reduce shipping times, labor costs, and supply chain obstacles,” said Veronica Contreras, CPI VP of Sales and Marketing. “At close to one million square feet of new facilities, recent investments are evidence of a dramatic commitment.”
Most CPI’s new partners chose U.S.-Mexico border region locations in well-established manufacturing centers like Tijuana and Mexicali. One manufacturer chose Merida, in the southern region of Mexico, to take advantage of that city’s growing industrial center, its proximity to the major commercial container port of Penasco, and administrative services available in CPI’s Merida office.
CPI also recently opened up offices in Monterrey, in the state of Nuevo León, to meet the needs of manufacturers looking to take advantage of industrial clusters in Mexico’s mainland region of El Bajío and the states of Chihuahua, and Coahuila.
“As a shelter services provider, we are delighted to serve the needs of our new client partners,” said Denisse Martinez, CPI Director of Marketing. “CPI attends to every detail of manufacturing expansion projects as if it were our own company. At CPI, our team becomes your team.”
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