There are currently about 270,000 maquiladora workers working in production facilities in Tijuana, which is roughly equivalent to Chula Vista, California's population. The maquiladora operations take up a total of 70 million square feet of industrial space.
About Maquiladora
Maquiladora, often known as "maquila," is an export-oriented manufacturing facility that imports and assembles duty-free parts. The agreement enables plant owners to benefit from inexpensive labor and pay duty only on the "value contributed," or on the worth of the final product less the total cost of the imported components used to manufacture it. Maquiladoras are mostly owned and run by American, Asian, and Mexican corporations.
4 Primary Industries in Tijuana
The following four major sectors have a strong presence in Tijuana:
Medical Device
"The Northwestern region of Mexico, notably the city of Tijuana, has become an essential part of the manufacturing business, where the medical device industry stands out," claim the Tijuana authorities. Tijuana's medical device industry generates more than $300 million in revenue annually. Mexico is Latin America's leading exporter of medical equipment, and Tijuana is the country's leader in this type of production.
Automotive and Transportation
Tijuana's maquiladoras include Tier 1, Tier 2, and Tier 3 suppliers to the sector in addition to OEM assemblers like Toyota and Kenworth Trucks. These businesses create products such as automotive cables, batteries, starters, alternators, exhaust systems, mufflers, wire harnesses, and other parts and components essential to the production of autos. Ninety percent of the automobiles produced in Tijuana are exported to the United States, with the remaining 10 percent going to the domestic Mexican market.
Aerospace
In
the 1970s, the first aerospace company, which had its headquarters in Tijuana,
assembled airplane parts. Since then, the city has gained the most industry
knowledge in the nation. Around 11,700 people are currently employed by the
businesses that make up the maquiladora experts in Tijuana, which are a part of the city's aerospace sector. Engine
parts, cabin furnishings, avionics, and insulation components are a few of the
items produced in Tijuana factories. In addition to making goods for commercial
aviation, the city's aerospace manufacturing facilities also produce goods for
the defense sector.
Electronics
Tijuana boasts the highest concentration of electronics companies and jobs in Mexico and throughout Latin America. For instance, businesses affiliated with the Tijuana electronics industrial cluster are the best in the world at producing televisions. Approximately twenty million units are produced annually by companies that work in the TV industry. There are 95,000 direct jobs and 30,000 indirect jobs created by the twelve television manufacturing facilities in Tijuana. In addition, 64% of the electronics produced in the Californian state of Baja come from maquiladora factories in Tijuana.
Conclusion
Maybe you've heard about this country's good commercial reputation. Foreign investment can be your best choice if you're an investor looking to start looking for a new industrial setting.
Experts
at Tijuana are professionals in conducting international business and are aware
of everything a firm needs to do in order to succeed overseas. They could be
your trustworthy choice if you're looking for maquiladora experts in Tijuana.
