Material Handling Leaders Benefit from Maquiladora Near-Shoring According Thomas R Cutler
Manufacturing journalist, Thomas R. Cutler recently discussed how the manufacturing industry continues to grow and many companies are looking for economically efficient solutions to manufacture products. Cutler reported in AutomationMedia.com, that the trend over previous years has been US companies transferring the manufacture of their product overseas. But the cost of shipping, changes in political and economic environments, difficulty of doing business and the changes in the US consumer demands often outweigh the price of manufacturing. Now, several companies are choosing to manufacture their products at a nearshore location that is both close in proximity to the United States and more cost-effective in a total cost analysis: Mexico.
In the manufacturing industry, Mexico has an edge that several countries do not have, and that is the Maquiladora. The Maquiladora program was structured to allow foreign companies, primarily US, to set up a manufacturing operation utilizing tariff agreements between the United States and Mexico. It consists of a manufacturing plant that is based in Mexico, typically close to the Mexico-U.S. border, and is run by a U.S. company.
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Thomas R. Cutler will meet with the Manufacturing Media Consortium on January 27, 2017 in Madrid, Spain. Cutler will lead the meeting with several hundred members of the European members of the Manufacturing Media Consortium. A South American meeting will be scheduled shortly.
About TR Cutler, Inc.
TR Cutler, Inc. was founded seventeen years ago by Thomas R. Cutler. Cutler is the President and CEO of Fort Lauderdale, Florida-based, TR Cutler, Inc., (www.trcutlerinc.com), the largest manufacturing communication firm worldwide with four dozen industry experts and thought leaders on staff. Cutler maintains extraordinary relationships with clients, journalists, editors, economists, trendsetters, and key business leaders worldwide and has become a key resource for those writing about the manufacturing sector. Cutler founded the Manufacturing Media Consortium in 1999, which now has more than 6,000 global members including journalists, editors, publishers, and economists, worldwide writing about trends, industrial data, manufacturing case studies, material handling profiles, and robotics feature articles. Cutler works with thousands of media outlets to expand the coverage and importance of the manufacturing media coverage.
Cutler has authored more than 6,000 articles for a wide range of manufacturing periodicals, industrial publications, and business journals each published in leading monthly trade magazines, B2B periodicals, blogs, and marquis publications globally. Cutler is the most published freelance industrial journalist worldwide, and more than 3500 industry leaders follow Cutler on Twitter daily at @ThomasRCutler.