What are Maquiladoras?
A maquiladora is a manufacturing operation launched in Mexico by a foreign direct investor in order to benefit from tax incentives granted by the Mexican federal government for investments in Mexico production and labor. Although maquiladoras can be found in many nations today, the concept originated in Mexico in the 1960s to support the growth of foreign direct investment in Mexico, largely within the northern border towns.
These companies grew up along the Mexican border in order to provide easy transport of goods into the United States. Today, however, maquiladoras can be found throughout Mexico, from Saltillo through Querétaro and beyond. Mexico’s strong transportation network—combined with the reach of its extensive list of free trade agreements—easily moves goods from manufacturing factories across the country to destinations around the world.
If you are interested in setting up shop in Mexico, don't hesitate to give Monroy Petersen a call. We look forward to working with you.