All Press Releases for December 01, 2020

Covid-19 and China Tariffs Impact on Manufacturing in Mexico and the Maquiladora Industry

Tecma Announces an Industry Forum as an Update on Manufacturing in Mexico



Tecma develops 'Covid-19 Plan' to help minimize Covid damage to the Maquiladora Industry.

    EL PASO, TX, December 01, 2020 /24-7PressRelease/ -- Effect of Covid-19 on Manufacturing in Mexico and the Maquiladora Industry

Alan Russel, the founder of the Tecma Group of Companies, states, "In February of 2020, we saw almost invisible signs of Covid-19 on the horizon but chose to focus on its possible effect on our industry. We are grateful today that we were already developing protocols for our maquiladora factories as we witnessed the advancement of Covid-19 in North America in April of 2020."

Tecma created a "Covid Desk" lead by John Rippee, Vice President of Global Supply Chain and Logistics, that allowed Tecma to develop 100% focus on locating and implementing solutions that would keep all employees and clients safe. "We developed a 'Covid Prevention Plan' where our employees were safer working in our facilities than they were at home," stated John Rippee.

Realizing that Tecma was leading in developing such a plan, the executive team at Tecma chose to reach out to government and industry leaders to share Tecma's 'Covid Prevention Plan.' From there, visionaries predicted that the maquiladora industry would lead the border out of the Covid-19 crisis.

Effect of China Crisis on Manufacturing in Mexico and the Maquiladora Industry:

During the past three to four years, Washington initiated tariffs on products made in China to align the costs of products made in China with those made in the U.S. The result is a movement of U.S. companies exploring manufacturing their products in Mexico, where labor costs are now less than in China.

Recognizing that these topics receive little notice in the media, Tecma has chosen to provide an industry forum headed by Tecma's executive team where executives of manufacturing companies can obtain timely updates about manufacturing in Mexico.

DATE: Thursday - December 3, 2020
TIME: 11:00 A.M. Mountain Time
WHERE: Tecma's Zoom Meeting Room (Register Below)

CLICK HERE TO REGISTER

For over 34 years has provided support services for companies foreign to Mexico that wish to manufacture in Mexico.

# # #

Contact Information

Ismael Lara
The Tecma Group of Companies
El Paso, Texas
US
Voice: 915-282-8238
E-Mail: Email Us Here
Website: Visit Our Website
Blog: Visit Our Blog
Follow Us: