Mexico manufacturer is a profitable business. In Mexico there is still a little firm so that when we get the company to manufacture there, the little company that became the opposite of our business. But despite the lucrative business requires large capital so that fewer people want to open this business.
There are several advantages and disadvantages when we opened the manufacture in Mexico. The advantage is Mexico’s low landed costs are attractive when considered in comparison to other developing country options. It is suited to serve as a manufacturing venue for short to medium-run products that have a high degree of engineered content. Its proximity to the United States enables technical and production personnel to coordinate activities to bridge temporal and physical distances.
Besides advantages, there are also some disadvantages that we can receive when we build manufacturing in Mexico. First, although the average wage rate in Mexico is higher than in China and other emerging Asian economies, the workforce in Mexico has a large pool of highly educated and skilled engineers. Second, the corruption levels are higher than many low cost European manufacturing centers; however your intellectual property can be protected. And the last, Mexico has employment laws that impose strong penalties on companies for lying off employees.
