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High Tech Nearshoring in Mexico On the Rise

Karla Salinas | 02.12.2013

In the past year we have seen a large increase in new maquiladora operations opening all over Mexico.  We have been actively involved in new manufacturing operations in Tijuana, Monterrey, Puebla, Mexico City and Guadalajara.  As we speak with new clients engaged in a new greenfield project, we always ask what is prompting their move to Mexico.  This past weekend, Shan Li of the Los Angeles Times produced an article that did a great job of echoing and illustrating what we have been hearing ove

In the past year we have seen a large increase in new maquiladora operations opening all over Mexico.  We have been actively involved in new manufacturing operations in Tijuana, Monterrey, Puebla, Mexico City and Guadalajara.  As we speak with new clients engaged in a new greenfield project, we always ask what is prompting their move to Mexico.  This past weekend, Shan Li of the Los Angeles Times produced an article that did a great job of echoing and illustrating what we have been hearing over and over for the past 12 to 18 months.

Foreign investment in Mexico has jumped more than 50% to $7.4B and exports from foreign-owned maquiladoras have grew by 50% to $196B from 2009 to 2012.  Given The QualiFind Group's position in talent acquisition from technical recruiting to executive search, we are on the front lines of seeing the demand for talent jump by 25% to more than 2 million.  The article quotes Hal Sirkin of the Boston Consulting Group as saying that this past year saw a crossover point where it officially became cheaper to make many goods in Mexico than it does in China.

We invite you to read the article here

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