Manufacturing in Mexico is booming. Here’s how companies can do it sustainably
As more U.S. companies nearshore in Mexico, the CSO of Infinitum argues that they can do so in an environmentally responsible way.
Outside of Monterrey in the Chihuahuan Desert, about three hours from the U.S. border, the town of Saltillo has become home to a growing number of automotive, aerospace, and electronics manufacturers. Attracted by the lure of duty-free tariffs, low-cost labor, shorter delivery times, and lower transportation emissions, companies such as Stellantis, GM, Schneider Electric, Rockwell Automation, and Lear Corp. have established or expanded manufacturing in the area. Last year, Mexico became the number-one exporter to the United States. Foreign direct investment in Mexico is on pace to reach $30 billion this year and industrial property demand is projected to increase almost 80%.