Is it safe to manufacture in Mexico?
The Mexico manufacturing sector has enjoyed a long history of safely operating throughout Mexico with relatively few acts of violence against domestic and foreign employees. More commonly, companies expanding their manufacturing into Mexico are moving into gated industrial parks with 24/7 security provided by the park.
What happened to Borderland Beat?
In October 2020, BB announced that they were shutting down their website in response to a lawsuit issued against them by a Mexican drug lord.
What happened to the Juarez cartel?
The Juarez cartel ceased to exist as such after a protracted losing battle with the Sinaloa cartel. But remnants of the organization have reconstituted into La Linea, a powerful drug trafficking organization with influence over other groups in the northern state of Chihuahua.
What is the Sinaloa cartel known for?
Sinaloa cartel, international crime organization that is among the most-powerful drug-trafficking syndicates in the world. It is based in Culiacán, Sinaloa state, Mexico. Its origins can be traced to the Guadalajara cartel, which was one of Mexico’s largest crime organizations in the early 1980s.
Is it cheaper to manufacture in China or Mexico?
According to Statista, from 2019 to 2020, manufacturing labor costs per hour for China increased from $5.78 to $6.50 USD, while Mexico experienced a much smaller increase from $4.66 to $4.82 USD over the same time period.
Is Guanajuato Safe 2021?
Guanajuato state – Reconsider Travel Reconsider travel due to crime.
Does the Sinaloa cartel still exist?
As of 2021, the Sinaloa Cartel remains Mexico’s most dominant drug cartel. After the arrest of Joaquín “El Chapo” Guzmán, the cartel is now headed by Ismael Zambada García (aka El Mayo) and Guzmán’s sons, Alfredo Guzmán Salazar, Ovidio Guzmán López and Ivan Archivaldo Guzmán Salazar.
What companies have factories in Mexico?
Currently, the ten biggest auto companies that made the decision to host their manufacturing production in Mexico include:
- Volkswagen Group.
- Ford Motors.
- Honda Motors.
- General Motors.
- Hyundai Motors.