For the past 50 years Tijuana has established a solid reputation as a manufacturing leader in North America. Tijuana is home to 565 companies employing a workforce of over 185,000 highly qualified people. The long history of Maquiladoras manufacturing in this border city has solidified its place as one of the best choices for finding affordable, highly trained labor. Whether you are looking for employees experienced in automotive, aerospace, electronics or medical device manufacturing, the young labor force in Tijuana is interested and ready.
While there is concern at present regarding the direction President Trump plans to take on renegotiating NAFTA or imposing tariffs on products coming from our southern neighbor, there is no doubt Mexico will continue to offer a highly competitive alternative for the North American marketplace. The passage of the North American Free Trade Agreement (NAFTA) in 1994 was key in gradually eliminating tariffs for the entire continent. Citizens of the US, Canada and Mexico all benefit from an integrated supply chain that makes it possible for products to strategically incorporate components from factories located in diverse locations. This highly integrated system cannot change overnight. Even if President Trump decides to renegotiate or pull out of NAFTA, the WTO offers safeguards that will ensure changes are not radical.
Citibanamex (the Mexican unit of Citibank) predicted in December 2016 that FDI will be less than previously forecast. Citi expects FDI in Mexico will be $31bn this year. It is expected that FDI will show strength in the energy sector while weakening in manufacturing. While this transition to the energy sector will open new opportunities for investment, manufacturing in Mexico will continue to be very attractive. Contact Mexican Technology for more information on how your company can benefit from subcontract manufacturing in Tijuana.