Thirty-three Significant Businesses in Mexico Worth Noting
Mexico is becoming a popular destination for U.S. companies, thanks to nearshoring trends and the benefits offered by trade agreements like the USMCA. This growth is expected to create more job opportunities across various industries as companies expand their operations in the country.
One such company is Arrow Electronics, an enterprise that provides electronic components for computing products. The company has operational divisions focused on specific applications for its products, including data center, healthcare, and supply chain units. Workiva, a software and financial technology company, is another U.S. firm that has found success in Mexico. It offers products for financial and ESG reporting, audits, and risk management, boasting a potential ROI of 204 percent.
Redwood Logistics, a company specialising in logistics and supply chain management, has expanded its presence in Mexico, opening a new office in Querétaro to support cross-border supply chains. They are planning to increase their team size to 100 employees within three years. Altman Solon, a telecommunications, media, and technology strategy consulting firm, has also set up a new office in Mexico City, offering job opportunities in consulting roles in these sectors.
The United States has a significant presence in Mexico across various sectors, including manufacturing, technology, and services. Companies like Ford, General Motors, and Intel have operations in Mexico, offering a range of job opportunities in fields such as engineering, IT, and supply chain management. While specific job listings for these companies are not detailed in the provided search results, it would be best to visit the career pages of these companies or use job search platforms like Indeed or LinkedIn to find current job openings.
Mexico's manufacturing sector is booming, particularly in high-quality goods for international distribution. Mondelez International, a multinational enterprise in the food and beverage manufacturing sector, is hiring and produces best-loved favorites and iconic brands in the cookie, candy, chocolate, and powdered drink categories. Kraft Heinz, a company producing a wide range of globally-recognized food and drink brands, is also hiring and operates in several Latin American countries, including Mexico.
Other U.S. companies with a growing presence in Mexico include Samsara, Airbus, Qualtrics, Crunchtime, Arrive Logistics, AlertMedia, General Motors, Level Access, Justworks, BlueConic, MongoDB, UL Solutions, Udemy, Collins Aerospace, HERE Technologies, The Chemours Company, Datadog, Q2, Adyen, Taboola, Invenergy, Pangea Money Transfer, GumGum, Aesop, Cisco Meraki, and Cisco ThousandEyes.
This growth has resulted in a substantial decrease in the national poverty rate, with nearly 9 million people exiting poverty in recent years. Mexico's economic growth has been slow but steady, with annual post-pandemic growth in the 2-3 percent range. The USMCA supports international standards for labour practices in Mexico, ensuring fair working conditions for employees.
- Companies like Arrow Electronics, Workiva, and Redwood Logistics are investing in Mexico's economy by expanding their operations, creating job opportunities in industries such as technology, financial services, logistics, and consulting.
- The USMCA agreement not only encourages business growth and nearshoring trends with Mexico but also supports international labor standards, ensuring fair work conditions for employees across various sectors.
- General news reports indicate a booming manufacturing sector in Mexico, with multinational companies like Mondelez International and Kraft Heinz creating more jobs in fields like engineering, IT, and supply chain management, further cementing Mexico as a popular destination for U.S. businesses.