Mexico offers attractive alternative for manufacturers exiting China

News Snapshot:

After experiencing serious port inefficiencies, long coronavirus-related shutdowns and an increasing loss of labor in China, a broad range of manufacturers have committed to moving their facilities away from the country. Many of these companies hope to bring their factories closer to their U.S.-based end consumers, reducing supply chain friction. The right combination of proximity and price makes Mexico an attractive choice for these manufacturers. As companies begin their nearshoring efforts, they will need to develop strong relationships with the right cross-border partners to ensure success. Tri-National has positioned itself to be that partner, boasting over 30 years of nearshoring...