Why Go to Mexico?
The peso has dropped 41% vs. the dollar since August, making Mexican wages and rents more attractive compared with those in China, the U.S., or Canada.
Mexican goods can reach U.S. cities in two days, vs. a month from China—a big factor as importers slash inventory costs and lead times.
Mexico looks better than China when it comes to technology theft, quality issues, travel costs, and delays due to miscommunication.
Governments and schools in several states collaborate with industry to ensure high-skilled manpower for tech and other important sectors.
Nafta and similar free-trade deals with Japan, Europe, and most of Latin America, give Mexico duty-free access to more markets than any other country.