Mexico as a nearshoring destination for manufacturing and IT companies.
BusinessWeek
COSTSThe 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.
LOGISTICSMexican 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.
RISKMexico looks better than China when it comes to technology theft, quality issues, travel costs, and delays due to miscommunication.
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