The Resurgence of ‘Nearshoring’: More U.S. Companies May Choose to Manufacture in Mexico

The definition of nearshoring is having business processes such as manufacturing in a nearby country, often sharing a border with the target country. It is becoming a popular choice as many companies begin to favor the close geographical proximity. A closer physical proximity to customers leads to higher customer responsiveness and quicker turnaround time.

Indeed, many discussions in the real estate community regarding the COVID-19 crisis are starting to turn to its potential effects on manufacturing. In speaking with a variety of our real estate clients in both the United States and Mexico, it is clear that many companies are now taking a second look at manufacturing closer to home in Mexico, which could lead to a resurgence in ‘nearshoring.’ Learn more about nearshoring in NAIOP’s Blog authored by EVP, Matt Brady and Director, Andres Galvis, where they discuss the resurgence of nearshoring in a post-COVID-19 world.

At Ware Malcomb, our primary objective is to help our clients reach their project goals. Ware Malcomb has worked extensively with both developers and corporate end users. We understand the developer’s perspective from a market sustainability and fiscal viewpoint. We help our corporate clients translate their brand, future growth and development plans into a well designed building with long term real estate value. We are proud to be a thought leader in industrial architecture, learn more about our latest industrial projects here.

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