Mexico as a manufacturing destination seems like a no-brainer. Sharing a long border with the world’s largest market (the United States), shared history and culture (increasingly), same time zone, and dramatically lower labor costs compared to US, Mexico has held great promise but failed to capitalize on these advantages. Among a rather long list of challenges to success have been a government relatively unfriendly to manufacturing and capitalistic principles, social upheavals, lack of infrastructure and investments, corruption and inefficiencies are some of the major. As a result, Mexico does not show up in the Top 10 desirable manufacturing destinations today. Most experts predict that in the near future, we can expect no change in Mexico’s position.
- Manufacturing in Mexico – Promises and Possibilities
- Global Manufacturing Competitiveness – Rankings Today and in 5 Years
- Manufacturing Competitiveness Comparison: USA vs China vs India vs Mexico
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