The growing interest from foreign companies in relocating their operations closer to the U.S. is a clear reflection of the ongoing shifts in global supply chains. Nearshoring—the strategy of moving operations nearer to key markets—has gained significant traction as businesses look to mitigate risks exposed by recent global disruptions like the COVID-19 pandemic, while simultaneously boosting resilience. Mexico has stepped into the spotlight as an ideal nearshoring destination, thanks to its proximity to the U.S., cost-effective labor, and efficient logistics networks - [Morgan Stanley, 2020]

Mexico’s Competitive Edge for Nearshoring

Mexico checks all the right boxes when it comes to nearshoring. The country boasts a solid manufacturing base, competitive labor costs (significantly lower than both China and the U.S.) [UNCTAD, 2021] and a highly skilled workforce. On top of that, the USMCA trade agreement has made cross-border trade between the U.S., Mexico, and Canada even more seamless, cementing Mexico’s role as a key hub for foreign investments [USMCA, 2020]

Source Haver Analytics, Morgan Stanley Research forecast

Infrastructure is another major advantage. Mexico has a well-developed network of highways, ports, and railways, enabling companies to move goods quickly and efficiently. Major port expansions in Veracruz and Manzanillo, for instance, have boosted the country’s shipping capabilities [Port Strategy, 2020]

Additionally, the Mexican government has rolled out a series of incentives, including tax breaks and streamlined regulatory processes, to further entice foreign investors [Mexican Ministry of Economy, 2023]

Frisa Industrial Parks: Strategically Located for Nearshoring Success Frisa Industrial Parks are situated in Mexico’s top industrial zones, providing key locations that meet the needs of companies looking to nearshore. Some of the most notable locations include:

-Querétaro: Known for its aerospace and automotive industries, Querétaro offers a business-friendly environment and a well-established supply chain network. It’s been consistently ranked as one of the best places for investment, thanks to its modern infrastructure and skilled labor pool [World Bank, 2021]. With excellent connectivity to the U.S. via highways and railroads, Querétaro is an attractive choice for foreign companies looking to streamline operations [Trade and Logistics Magazine, 2022]

-Guadalajara: Mexico’s answer to Silicon Valley, Guadalajara is a tech and electronics manufacturing hub. Its close proximity to the U.S. and access to a highly educated workforce make it a top destination for tech companies looking to move operations closer to North America [Forbes, 2021]

-Monterrey: As one of Mexico’s leading industrial centers, Monterrey is ideally positioned near the U.S. border. It boasts a strong presence in industries like automotive, steel, and manufacturing. With an extensive infrastructure network—including highways and railroads—Monterrey offers prime access to both domestic and U.S. markets [Co-production, 2023]

-Toluca: Located just outside of Mexico City, Toluca serves as a critical logistics and manufacturing hub. With its proximity to the country’s largest consumer market and its well-developed transportation links, Toluca is an ideal spot for companies looking to tighten up their supply chains [Logistics Mexico, 2022]

-Estado de México: Nestled next to Mexico City, Estado de México offers unparalleled access to major industrial markets. With its strategic location and strong industrial base, it’s the perfect place for businesses that need to ramp up both production and distribution [Business Insider, 2022]

View our locations: https://parquesindustrialesfrisa.com/en/industrial-parks

Success Stories: Frisa’s Impact on Nearshoring
Several companies have already seen massive success through nearshoring with Frisa Industrial Parks. Take Signify (formerly Philips Lighting) , for example. As a long-time partner with Frisa for over 30 years, Signify has optimized its operations by leveraging Frisa’s strategically located industrial parks. Not only has the company slashed operating costs, but it’s also maintained close proximity to key U.S. markets, allowing it to stay agile in an increasingly competitive global market. The ongoing renewal of contracts with Frisa highlights the enduring value of this partnership [Frisa Industrial Parks, 2023]

Tap into the Nearshoring Advantage with Frisa
In today’s unpredictable global supply chain environment, nearshoring is more than just a trend—it’s a smart business strategy. Frisa Industrial Parks offer the prime locations and infrastructure needed to make your nearshoring journey seamless. With a proven track record and strategically placed industrial parks, Frisa is the go-to partner for companies looking to move operations closer to the U.S.

Ahead in Business. Contact us today and discover how Frisa can help your business gain a competitive edge through nearshoring.