by admin | Jul 27, 2017 | LTC Roll Blog
Companies have long sought to capitalize on benefits by moving certain aspects of their business to other countries. In the United States, China has dominated this conversation in recent years. However, there are many reasons to consider the advantages of manufacturing in Mexico for U.S. companies looking to diversify their manufacturing options. In this article, we’ve listed five advantages of manufacturing in Mexico. Low Cost, High Skill It’s commonly been the assumption that manufacturing in Mexico is cheaper than the U.S., which is true, but what is often not known is the significant skill level of Mexican workers. The country graduates hundreds of thousands of skilled workers each year in an area that is massively literate and whose education system is substantial and growing. Additionally, the labor force is known both by reputation and research to be highly dependable. High quality coupled with low wages gives a complete picture of manufacturing in Mexico Affordable Infrastructure Wages aren’t the only place businesses see savings, though. Manufacturing in Mexico offers a modern infrastructure that is quite affordable. Estimates in the U.S. suggest the average real estate cost per square foot between $9 and $20, whereas many estimates put it below $5 for Mexico. With this infrastructure comes easy access to the U.S. by air, land, or sea. Shipping can happen in cargo ships or semi-trucks, but business can also capitalize on U.S. rate structures for major shipping corporations. Proximity to the U.S. Shipping provides the perfect segue to the next advantage of manufacturing in Mexico: Proximity to the U.S. This is not only an advantage because of shipping, but also for...
