By definition, the metalworking industry is a supplier to other links in the production chain of items such as custom-made machinery, consumer goods, and metal tools. Metalworking encompasses manufacturing activities that produce industrial machines and tools that supply parts to other related industries, with metal and iron alloys being their basic input for use in […]
We are very honored to announce that effective June 7, 2021, Genoveva Sanchez Cruz was promoted from Sr. Director of North America Operations to VICE-PRESIDENT of OPERATIONS and continues reporting directly to Iram Chavez /President and CEOGenoveva has been working for Prince for over 3 years where she has demonstrated success driving our Operational team’s […]
Rising wages and a shortage of affordable and available labor in the United States make Mexico and its workforce an attractive alternative.Manufacturers, well as restaurants, retail stores and many other classes of businesses in the United States are being forced to raise the wages of their workers. This is being done in an urgent effort […]
Shelter Manufacturing in Mexico – Variations, Risk Mitigation, and More [Video] This podcast is a continuation of a previous discussion regarding the issue of operating a manufacturing facility at reduced risk in Mexico under the shelter program business model. We examine variations on the model such as start-up and business incubator services. Our discussion […]
Shelter Manufacturing in Mexico – Introduction [Video] We discuss the four principal ways to initiate and maintain manufacturing operations in Mexico these include contract manufacturing agreements, joint-venture partnerships, wholly-owned subsidiaries, and Mexico Shelter Maquiladora Services. We explain how the Shelter Manufacturing program works in Mexico. In detail, we discuss the advantages of operation under a Shelter […]
The automotive manufacturing cluster in Mexico is present in approximately 14 states of the republic. This industry grouping is located in the nation’s border region and in some of the centrally located states of the country. Recent studies reveal that companies in the automotive manufacturing cluster in Mexico have a total of 20 production complexes […]
The concept of Industry 4.0 or its counterpart, the Fourth Industrial Revolution, represents a new milestone in industrial development that furthers the digitization of production processes. This increases their efficiency, quality. and safety. The introduction of digital technologies in industrial plants renews the way we operate and produce by transforming products, supply chain, and expectations […]
Lexington, South Carolina – Prince Manufacturing, headquartered in Lexington, South Carolina, has entered into an agreement with Phoenix, Arizona-based Tomcar to produce the latter’s TX model multi-purpose vehicle. Iram Chavez, the CEO of Prince Manufacturing, recently stated that “The entire Prince organization is looking forward to working with Tomcar to bring this excellent product to […]
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