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Even a Nafta collapse won’t stop companies from moving to Mexico

Tuesday, October 24, 2017


It wasn’t supposed to be like this, but the folks who help U.S. companies set up production in Mexico say they’re having a solid year.

Tecma Group has more business than ever in its three decades doing relocation. In just the last few weeks, it aided a maker of cleaning equipment and a packaging company make the move south. Chicago-based Mexico Consulting Associates has three new prospects interested in Mexico.

Keith Patridge, who runs McAllen Economic Development Corp., expects at least 12 companies to set up shop in Reynosa alone this year. And another firm, Tacna Services Inc., has assisted two businesses locate in the Baja California area.

Source: Bloomberg