Companies across the globe, and especially in the U.S., are beginning to reconsider the geographic footprint of their manufacturing operations. Geopolitical factors, transportation costs, and narrowing of the labor cost divide make localization more advantageous than in the past. The trend is even more visible in new product introduction (NPI), where proximity to engineering resources and customers is an added benefit.
Our own Pete Stanius, (vice president Americas South Region) and Jennifer McAlpine, (product marketing manager) had the opportunity to sit down with EMSNow’s Philip Stoten to discuss this rising trend of nearshoring in North America. Part of their discussion centered around the considerations for choosing Mexico vs the U.S. when selecting a manufacturing site and partner. In the past, this was a simple decision, and the answer was Mexico. However, in today’s innovation marketplace the U.S. makes sense for many reasons. Check out our discussion here on EMSNow’s Movie Monday Series.