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Maquiladora

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Maquiladora
A factory in Mexico established by a U.S. company to make finished products and ship them to the United States. Maquiladoras are close to the U.S. border with Mexico. They are controversial in the United States because they are thought to take away jobs from Americans who otherwise would have manufactured the products. They are also controversial in Mexico because they are thought to exploit Mexican workers. NAFTA made maquiladoras more cost effective. In the mid-2000s, maquiladoras accounted for more than half of U.S.-Mexican trade. A maquiladora is also called a maquila.


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Developments in the economic sectors of agriculture, energy, the maquiladoras, and education are then reviewed.
In a strange twist, nearly two-dozen Chinese companies have started to establish maquiladora operations in Mexican territory, reversing a trend in which some Mexican operations were moving to China.
The assistant secretary of industry and commerce at the Secretariat of Economy (SE) announced that the SE and the maquiladora industry are concluding work on amendments to the Maquiladora Decree.
 
 
 
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