Mexican Services Company CPI Opens 1 Million SqFt of New Manufacturing Facilities in Mexico in 2021-2022

Loading...
Loading...

Shelter Services Company, CPI (Co-Production International), has leased nearly one million square feet of manufacturing facilities in Mexico for U.S. companies in 2021-22. CPI's eight U.S. new manufacturing clients represent a range of manufacturing industries.

TIJUANA, Mexico (PRWEB) September 23, 2022

Co-Production International,Shelter Services in Mexico, has leased nearly one million square feet of manufacturing facilities in Mexico for U.S. companies in 2021-22. CPI's eight U.S. partners represent a range of manufacturing industries, including medical devices, furniture, industrial equipment, prefabricated modular homes, boat manufacturing, motors for windows and blinds, thermoforming for agricultural products, and third-party logistics (3PL) warehousing. Currently, CPI is assisting two additional manufacturers ramp up furniture manufacturing and automotive parts facilities.

Manufacturers choose Mexico for its well-established industrial sectors, talented workforce, lower real estate and labor costs, and its proximity to the U.S. and global transportation routes. Delays and increased costs brought on by the COVID pandemic, US-China Trade War and the Ukraine-Russia war have dramatically increased interest in a North American Footprints specifically Mexico.

U.S. and global manufacturers choose a Mexican Shelter for its ability to start operations quickly, the existing permits and licenses for international trade and its in-depth knowledge of Mexican labor, site selection and industrial real estate. CPI also expedites access to the IMMEX Program and VAT Certification which allows manufacturing companies to produce and export products duty and tariff-free.

"U.S. and global manufacturers are investing ln Mexico-based facilities to reduce shipping times, labor costs, and supply chain obstacles," said Veronica Contreras, CPI Director of Business Development. "At close to one million square feet of new facilities, recent investments are evidence of a dramatic commitment."

Most CPI's new partners chose U.S.-Mexico border region locations in well-established manufacturing centers like Tijuana and Mexicali. One manufacturer chose Merida, in the southern region of Mexico, to take advantage of that city's growing industrial center, its proximity to the major commercial container port of Penasco, and administrative services available in CPI's Merida office.

CPI also recently opened up offices in Monterrey, in the state of Nuevo Leon, to meet the needs of manufacturers looking to take advantage of industrial clusters in Mexico's mainland region of El Bajio and the states of Chihuahua, and Coahuila.

"As a shelter services provider, we are delighted to serve the needs of our new client partners," said Denisse Martinez, CPI Director of Marketing. "CPI attends to every detail of manufacturing expansion projects as if it were our own company. At CPI, our team becomes your team."

---
About Co-Production International (CPI)
CPI is the premier administrative and shelter services provider for companies looking to start manufacturing in Mexico. CPI is strategically headquartered in San Diego, California and has operational support branches in Tijuana, Mexicali and Tecate, Baja California, Guadalajara, Jalisto and Merida, Yucatan. CPI's Turnkey Shelter Program provides industrial real estate site searches and a range of administrative support services including human resources, talent management, payroll processing, Mexican government and U.S. and international trade regulation compliance. CPI's shelter services allow our client partners to focus 100% on manufacturing.

For the original version on PRWeb visit: https://www.prweb.com/releases/2022/9/prweb18874969.htm

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...