Shelter Manufacturing in Mexico – Variations, Risk Mitigation, and More [Video] This podcast is a continuation of a previous discussion regarding the issue of operating a manufacturing facility at reduced risk in Mexico under the shelter program business model. We examine variations on the model such as start-up and business incubator services. Our discussion […]
Shelter Manufacturing in Mexico – Introduction [Video] We discuss the four principal ways to initiate and maintain manufacturing operations in Mexico these include contract manufacturing agreements, joint-venture partnerships, wholly-owned subsidiaries, and Mexico Shelter Maquiladora Services. We explain how the Shelter Manufacturing program works in Mexico. In detail, we discuss the advantages of operation under a Shelter […]
In recent years, the plastics industry in Mexico has performed consistently while maintaining a steady rate of positive growth. This is according to information provided by Mexico’s National Association of the Plastics Industries, A.C (ANIPAC). ANIPAC is the organization that has represented the interests of the entire plastics manufacturing supply chain in Mexico since 1961. […]
Products Made in the USA Enter any large store, pick up a random item from the shelf, and look at the label. It’s highly likely that you will see the same three words on the label: “Made in China”. Depending on the product, you could say “Made in Mexico” or maybe even “Made in Taiwan”, […]
Using a Mexican subcontract manufacturer to take over some production for a foreign company is a business strategy that has been widely used to reduce costs without sacrificing quality. Some of the world’s best-known companies have, over the years, trusted this option. Despite this fact, there are certain things that companies should pay close attention […]
The automotive manufacturing cluster in Mexico is present in approximately 14 states of the republic. This industry grouping is located in the nation’s border region and in some of the centrally located states of the country. Recent studies reveal that companies in the automotive manufacturing cluster in Mexico have a total of 20 production complexes […]
Regardless of the outcome, the election will present both challenges and opportunities for Mexico Manufacturing.On Tuesday, November 3rd the presidential election was held in the United States of America. As is the case every four years, the day signifies both challenges and opportunities for Mexico and the rest of the world. This blog post will […]
Today we honored all of our veterans who work at Prince Manufacturing. These photos are of our celebration at the Prince Manufacturing facility in Asheville, NC. These photos are of our Veterans who work there. We thank all of our Veterans who work in all Prince locations. Thank you for your service and sacrifice for […]
The concept of Industry 4.0 or its counterpart, the Fourth Industrial Revolution, represents a new milestone in industrial development that furthers the digitization of production processes. This increases their efficiency, quality. and safety. The introduction of digital technologies in industrial plants renews the way we operate and produce by transforming products, supply chain, and expectations […]
Mexican labor is 33.5% lower in cost than that in China, according to Pricewaterhouse Coopers (PwC), and the coronavirus pandemic revealed the importance of rapid responsiveness. These factors make it more attractive to invest in Mexico than in China.For U.S. companies, sourcing Mexico’s manufacturing production over goods that are made in China would mean saving […]
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