Frequently Asked Questions
Mexico is an excellent place to set manufacturing operations for many reasons. It is a good production option for foreign companies interested in utilizing a cost-effective and efficient workforce. Mexico is the second most favored nation for manufacturing industries. Here are some reasons why US companies consider Mexico a good place for manufacturing:
- Skilled low-cost labor force
- Tax advantages on IMMEX
- Lower taxes, reduced trade barriers from USMCA
- Nearshoring partner advantages
- Closeness to market and consumer base enables them to fulfill just-in-time requirements of both.
- Flexible minimum order quantities (MOQs)
Mexico's low landed costs are attractive compared to other developing country options. It is suited to serve as a manufacturing venue for short to medium-run products with a high degree of engineered content. Along with low-cost labor, it also has inexpensive living.
From consumer rates to rentals, everything is 100% lower than in the US. Mexico offers much steadier wages that help companies easily forecast manufacturing costs. According to Statista, from 2019 to 2020, Mexico has increased labor costs per hour from $4.66 to $4.82 USD. This is much lower than China's cost over the same period.
If you are looking for a good contract manufacturer in Mexico, look no further. Sixmexico will act as your matchmaker when you utilize our Mexico contract manufacturing services.
We will find the best fit option from our network of Mexico contract manufacturers that meets your product's requirements while considering cost and time quality. We will also handle production management to cope with quality challenges that usually arise when dealing with contract manufacturing companies in Mexico.
In contrast with Mexico shelter manufacturing, contract manufacturing is the best option for SMEs seeking to manufacture products without large capital and investments. Small to medium-sized companies can utilize contract manufacturers' equipment, tooling, procedure, supply chain, and expertise for production setup.
If quality standards are maintained, contract manufacturing in Mexico can be an excellent solution for foreign companies to quickly turn their ideas into products.
It is often difficult to find the companies in Mexico that have the ability to operate as true contract manufacturers. Another challenge in contract manufacturing is how to maintain quality standards. With our Mexico contract manufacturing services, you can cope with both.
We will connect you with a company that fits your profile. Our team will also assist you in production management and ensure that you get high-quality products that meet your specifications.