On Thursday February 23, at 9 a.m. Pacific Time/Midday Japanese Time, Harris Bricken will host a free a hour-long Q&A session on Shifting Manufacturing from China to Mexico.
Corporations which have their merchandise made in China are more and more in search of to diversify their provide chains away from China and its COVID/Omicron manufacturing unit shutdowns, rising vitality prices and shortages, rising wages, excessive transport prices, and “Trump tariffs” — all of that are prone to proceed (at various ranges) indefinitely. After which there are the geopolitical dangers.
Not surprisingly, these China dangers are making Mexico more and more essential as a producing hub, particularly for merchandise offered into america and Canada. Shifting your manufacturing to Mexico offers you proximity to U.S. and Canadian markets, trendy infrastructure, entry to ports for international distribution, a extremely expert, well-educated, and cheap workforce, and close to whole freedom from tariffs.
This Q&A session on Shifting Your Manufacturing to Mexico can be led by Harris Bricken legal professional, Dan Harris, and China/Mexico provide chain knowledgeable, Andrew Hupert. Dan heads up Harris Bricken’s worldwide manufacturing follow and the founding father of the China Regulation Weblog. Andrew has a long time of expertise consulting with corporations on their worldwide manufacturing/provide chain points, in addition to instructing worldwide enterprise/provide chain programs at main enterprise colleges.
The Q&A session will give attention to the sensible points of shifting your manufacturing to Mexico from China, the assorted methods to start out with Mexican manufacturing, and efficiently manufacture there. Based mostly on the preliminary questions we have now obtained, we anticipate to be overlaying the following subjects, amongst others:
- Why depart or keep in China.
- depart China safely.
- Mexico’s views on China and why this issues.
- Whether or not Mexico needs to be seen as the brand new China.
- What Mexico and China imply for producers, with a give attention to the similarities and variations between China and Mexico.
- Mexico’s varied manufacturing choices.
- Shelter manufacturing vs. contract manufacturing vs. greenfield manufacturing.
- transfer your manufacturing to Mexico, with a give attention to areas, enterprise constructions, employment, IP, and tax points.
We welcome your questions prematurely and we urge you to ship these to us if you register. Questions may also be taken all through the presentation!