Manufactured in Mexico
More and more US and foreign companies are manufacturing in Mexico, including many US companies that are performing labor intensive assembly operations. This is a direct result of the Mexican government actively promoting its "in-bond industry," and streamlining and liberalizing its trade and investment laws to attract capital, technology, and manufacturing from US and other foreign sources as well as from within Mexico.
Known as the "maquiladora" industry, Mexico's in-bond facilities had their beginning in 1965 when the Mexican government initiated the Border Industrialization Program. This program, and the investment initiatives that have followed, allow foreign investors to own up to 100% of companies - maquiladoras …
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