According to Mexican officials, investment commitments for the period January-mid-March 2024 surpassed $31 billion. This surge is linked to companies seeking to establish manufacturing and supply chains in Mexico, capitalizing on the trend of nearshoring.
Some of the biggest U.S. companies in artificial intelligence have asked their Taiwanese manufacturing partners to step up production south of the U.S. border.
This week in Borderlands: Investment surges in Mexico as companies shift supply chains, plan new factories; Michigan 3PL acquires Mexican freight brokerage, signs lease for Arizona warehouse; American Woodmark opens $45M plant in Monterrey, Mexico; and Zipline Logistics acquires supply chain provider Summit Eleven. The post Borderlands Mexico: Investment surges in Mexico as companies shift supply chains, plan new factories appeared first on FreightWaves.
Tariffs dropped for Mexico in 2019 agreement Under bill, tariffs would be reimposed for no less than one year US Senators Tom Cotton and Sherrod Brown introduced legislation March 12 that would reinst