News, Insights and Best Practices for Manufacturing in Mexico

Insights

Understanding Anexo 24 / Annex 24

 Anexo 24, or Annex 24, is a statute mandated by the Mexican Customs and Tax Authority that requires industry taxpayers to use an automatized inventory control system that monitors all temporary...

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What to factor into your "all-in" cost of manufacturing in Mexico

 

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Peso - Dollar exchange rate promotes manufacturing in Mexico

Earlier this month, Bloomberg reported the Mexican peso struck a record low against the U.S. dollar.

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Mexican Labor Law Primer – Employee Benefits Basics

Mexico, like many countries, has a baseline legal benefits regime that is often codified in national labor law.  A basic overview of legally prescribed benefits in the Mexican workplace includes:

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Shelter frameworks provide a suite of protections

Like all regulated industries, manufacturers tend to approach government programs with a healthy dose of caution. Mexico, however, is courting North American manufacturers. And the shelter...

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Mexico energy reform measures strengthen manufacturing in the country

Mexico has been working to make itself an attractive destination for foreign companies looking to offshore all or some of their manufacturing activities. The country has taken a number of steps to...

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Mexico's aerospace sector continues to rapidly expand

Manufacturing in Mexico has become quite popular with foreign companies. Many of these organizations are attracted to doing business in the country because it boasts a highly skilled workforce...

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Mexico's free trade agreements make it an ideal export base

Automotive manufacturing in Mexico has been booming, thanks largely to cheaper labor and proximity to the United States, but the country's bountiful free trade agreements have also lent a hand....

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Understanding the maquiladora

Manufacturers are always looking for ways to strengthen their business model and cut costs. Offshoring can help with this, as it can lower the cost of labor and gain certain tax benefits not found...

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Mexico jumps to number 4 in A.T. Kearney's Global Services Location Index

Mexico moved up to fourth place on A.T. Kearney's Global Services Location Index, securing its highest position since the creation of GSLI. While offshoring powerhouses like India and China remain...

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