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The Nuts & Bolts of Manufacturing in Mexico and More...

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REMARKS:

Good afternoon, everyone. Good afternoon. Well, I want to welcome everyone this afternoon. And thank you for taking the time from your busy schedules to have this conversation. As you may know, our administration -- President Biden, myself, our administration considers ourselves to be one of the most pro-worker, pro-union administrations in the United States.

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The IMMEX Program for manufacturing in Mexico allows foreign companies with maquiladoras to defer Mexico’s import/export duties as well as taxes when the subsequent VAT certification is obtained. Shelter companies in Mexico like CPI can help manufacturers access these savings for those who want to manufacture in Mexico, work with contract manufacturers, or open e-commerce, warehousing and 3PL facilities in Mexico.


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