Manufacturing in Mexico Podcast

Manufacturing in Mexico Podcast

Tetakawi's Manufacturing in Mexico Podcast is a platform where we talk to internal and external experts to provide you with news, insights, and best practices about doing business in Mexico. Whether you are thinking about expanding into Mexico or already there, this podcast will provide you with the information and advice you need to launch, operate, and thrive!

Episodes

March 18, 2024 29 mins
In this episode of Tetakawi’s 'Manufacturing in Mexico' Podcast, host Ricardo Rascon is joined by industry expert David McQueen to delve into the dynamic growth of Mexico's manufacturing sector. With Foreign Direct Investment (FDI) in the sector reaching $19.1 billion in 2023, up significantly from previous years, the duo explores the burgeoning opportunities and emerging challenges in site selection for manufactur...
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In this episode, Ricardo Rascon welcomes back David McQueen to discuss how to choose the right shelter service provider in Mexico. Prior to joining Tetakawi, David was the president of two Canadian companies who expanded into Mexico using shelter service providers. To begin, David explains that Mexico’s shelter service program was set up over 30 years ago with the idea to provide foreign manufacturers with an e...
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In this episode, David McQueen welcomes Leticia Rodriguez of The ILS Company to discuss the logistics and shipping considerations for manufacturing in Mexico. To begin, Leticia explains what IMMEX is and how it affects shipping in Mexico. The IMMEX certification allows companies to manufacture in Mexico, import raw materials duty free and export their finished product. Companies are left with a tax advantage and...
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In this episode, Ricardo Rascon welcomes back David McQueen to build on their previous conversations about manufacturing in Mexico. Today, they discuss the one-time start-up costs manufacturers must take into account when expanding into Mexico. David explains that there are generally 5 types of non-recurring costs for new operations to consider. These are legal and incorporation costs, leasehold improvements and fa...
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November 11, 2022 23 mins
In this episode, Ricardo Rascon and David McQueen build on their previous discussions about real estate and labor costs for manufacturers who expand to Mexico. In this conversation, Ricardo and David focus on other costs associated with manufacturing in Mexico: utilities, transportation, and more! Starting with utilities costs, David clarifies that, for most companies, the utilities costs to be considered are e...
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September 21, 2022 21 mins
In this episode, host Ricardo Rascon and David McQueen build on their previous conversation. After focusing in the last episode on manpower costs in Mexico, Ricardo and David shift their attention today to discussing real estate and building costs in Mexico. To begin, David clarifies that foreign individuals and corporations can acquire and lease property or buildings just the same as Mexican nationals can. In...
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July 14, 2022 20 mins
In this episode, Ricardo Rascon and David McQueen, discuss the costs of manufacturing in Mexico and what information companies need to know about labor costs before starting projects there. First, David discusses how the cost to manufacture in Mexico is closely tied to manpower. In Mexico, the labor law system is federal and you have to pay wages to employees in the form of pesos per day, not dollars per hour. ...
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After focusing in the last episode on the different modes of entry for expanding into Mexico, Ricardo and David shift their attention today to where to manufacture in Mexico and how companies can work through the initial site selection process. First, David identifies the most important criteria companies should take into account when choosing a manufacturing site in Mexico. These factors include accessibility,...
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In this episode, Ricardo Rascon welcomes back David McQueen to build on their previous conversation. After focusing in the last episode on why expanding into Mexico might make sense for your company, Ricardo and David shift their attention today to how a company can get started with this expansion process. They discuss modes of entry to consider, factors to weigh in choosing one, and David's own experience and ad...
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In Episode 1 of Tetakawi's Manufacturing in Mexico Podcast, David McQueen and Ricardo Rascon discuss five reasons companies should consider manufacturing in Mexico. They touch on workforce characteristics, logistics, trade barriers, market access, and operating cost. On top of everything else companies have to worry about in terms of tariffs and geopolitical risks, they now have to consider pandemics as a threat...
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