U.S. Imports from Mexico Surpass Those from China for the First Time in 20 Years : vimarsana.com

U.S. Imports from Mexico Surpass Those from China for the First Time in 20 Years

Amidst the challenges posed by the pandemic, Marco Villarreal seized an opportunity that arose as global supply chains faced disruptions and shipping costs soared. Having resigned from his position as Caterpillar’s director general in Mexico in 2021, Villarreal embarked on fostering connections with companies interested in relocating their manufacturing operations from China to Mexico. His efforts bore fruit when Hisun, a Chinese manufacturer of all-terrain vehicles, enlisted his expertise to establish a $152 million manufacturing facility in Saltillo, a bustling industrial hub in northern Mexico.

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