Mexico Rising- Nearshoring Presents Opportunities
Article from MHI Solutions Magazine
When Doosan Bobcat announced plans last November to build its first Mexican assembly plant, the material handling equipment maker joined a long and growing list of manufacturers looking to move more of their production capacity closer to the markets they serve.
By the time the new plant opens in 2026 in the northern industrial hub of Monterrey, what began as a wave is expected to be a full-fledged tsunami as U.S. manufacturers, retailers and consumer goods firms make Mexico a key nexus in a transformative retooling of global supply chains.
Seeking to improve speed-to-market, slash inventory and transportation costs, increase visibility and resilience and mitigate geopolitical risks, these companies also are transforming Mexico into a fast-growing market for supply chain solutions providers as new facilities are built and equipped…
