This Manufacturer to Expand Plants through Nearshoring in Mexico
The Swiss-Swedish manufacturer of electrical technologies, ABB, is planning to expand its capacity and infrastructure in seven out of its nine plants in Mexico due to the increasing demand for nearshoring.
The preference for faster delivery times by companies relocating to Mexico has driven this decision. The company, specializing in energy automation and technology manufacturing for various industries, aims to make electrification more efficient amid Mexico’s transition to clean energy. The expansion will enable local manufacturing of technologies that were previously imported, including new product lines in areas such as medium voltage, distribution, and motors.
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