- pcb007 Magazine
Getting to Know Your Designer
In this issue, we examine how fabs work with their design customers, educating them on the critical elements of fabrication needed to be successful, as well as the many tradeoffs involved. How well do you really know your customer? What makes for a closer, more synchronized working relationship?
In this issue, the biggest names in PCB manufacturing share their economic outlook for the upcoming year and beyond. As you will see, they were all bullish on our industry, but there was some apprehension as well. No one wants to get burned by another the supply chain disruption.
- Events||| MENU
- pcb007 Magazine
Nearshoring: Mexico Making Pivotal Move in Supply Chain DynamicsJanuary 23, 2024 | Shawn DuBravac, IPC
Estimated reading time: 1 minute
Amidst the turbulence of international trade wars, pandemic-induced supply chain disruptions, and the escalating demands for rapid delivery cycles, businesses are increasingly looking to relocate manufacturing and production operations to countries geographically closer to their core consumer markets. Nearshoring’s potential promise is not only to mitigate the vulnerabilities of extended supply lines but also to offer agility in responding to consumer needs, fostering a more adaptable and resilient business model.
In the intricate web of North American commerce, Mexico has emerged as a pivotal node of manufacturing and production, harnessing a burgeoning tide of investments and business engagements from industries in the United States and Canada. This intensifying trend is underscored by the noticeable decline in China's dominance as the leading exporter to the U.S. market—a position it has seen erode from over 21% of U.S. imports in 2017 to a mere 13% this year. In stark contrast, Mexico's contribution to U.S. imports has experienced an upward trajectory, now accounting for more than 15%, overtaking China for the first time in two decades. Mexico solidified its place as the United States’ top trading partner in 2023, surpassing China and Canada in two-way trade.
The upward trajectory of foreign direct investment (FDI) into Mexico is poised to maintain its momentum, reflecting a robust and growing interest in the country's economic landscape. Mexico attracted over $106 billion in FDI announcements during the first nine months of 2023.
To read the rest of this article, which appeared in the Winter 2024 issue of IPC Community, click here.
TT Electronics, a leading provider of global manufacturing solutions and engineered technologies, proudly announces the grand opening of its newest manufacturing facility located in Mexicali, Mexico.
Hanwha Techwin Automation Americas, Inc., a pioneer in precision manufacturing and technology, announces the appointment of Gustavo Jimenez as the new General Manager for Mexico.
Intel celebrated the opening of Fab 9, its cutting-edge factory in Rio Rancho, New Mexico.
ROCKA Solutions Forges Strategic Partnership with Weller Tools, Global Leader in Soldering Technology12/21/2023 | ROCKA Solutions
ROCKA Solutions proudly announces a strategic partnership with Weller Tools, the global leader in manual soldering technology.
About 200 kilometers (125 miles) north of Mexico City lies Queretaro, an area rich in history, with stone streets and public squares, and which twice has been the country’s capital. But it’s also quickly becoming a global capital of electronics manufacturing, especially aeronautics, and was the location for the first IPC Day Mexico this past June.