Wondering how outsourcing to a contract manufacturer can benefit your business, as opposed to building your own facility or partnering with a manufacturing company? Here are three reasons to consider contract manufacturing carefully before making any big investments.
US and Canadian companies have concerns about outsourcing manufacturing, not the least of which is worker welfare. No company wants to be associated with worker exploitation.
Did you know that Mexico is a green manufacturing powerhouse? In 2013, Mexico embarked on a major energy reform plan. Since that time, growth in renewable energy output has been dramatic. By 2024, 35% of the electricity used in Mexico will be generated by renewable energy sources.
At the turn of the century, U.S. and Canadian companies started noticing the many benefits of manufacturing in Mexico. Today, over 35 billion U.S. and Canadian dollars have been invested into Mexican manufacturing facilities, and the number of U.S. and Canadian businesses outsourcing to Mexico continues to grow every year.
