Maquiladora Advantage: How Mexico Powers North American Industry

Maquiladora Advantage: How Mexico Powers North American Industry

Reading Time: 5 minutesMexico has emerged as a key industrial hub for foreign manufacturers, particularly North American industries looking to optimize costs and enhance supply chain efficiency. Thanks to strategic trade agreements, a skilled workforce, and a well-established maquiladora system, industry growth in Mexico continues to accelerate. The maquiladora model—allowing foreign companies to import raw materials duty-free, process or assemb…