Making it Cheaper and More Efficient with Maquiladoras in Mexico

To produce its products in Mexico, NovaLink uses the maquiladora model, which involves skilled and educated workers. These workers are typically 26 years old, and they have the ability to produce sophisticated products for NovaLink's clients. Due to Mexico's low labor costs and proximity to the United States, maquiladoras have become a popular option for companies.

During the 1960s, the term "Maquiladora" was used to describe a manufacturing solution created to take advantage of preferential tariff agreements between the U.S. and Mexico. A maquiladora in Mexico is known as an IMMEX (Industry Manufacturer Maquiladora & Export Service). In Mexico, a Maquiladora is a factory or plant near the American border. Mexican workers are employed there, but it is owned and operated by a U.S. company (although other countries, like China, can also operate them). Manufacturers can operate duty-free and tariff-free in a maquiladora. Outsourcing manufacturing can benefit businesses in a number of ways. The availability of labor to meet demand may result in these needs as a result of cost competitiveness.

Are you considering setting up a maquiladora in Mexico? NovaLink is your one-stop destination for efficient and cost-effective manufacturing solutions.

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