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MCALLEN, Texas – Reynosa is already benefiting from provide chain disruptions in Asia brought on by the coronavirus pandemic.
That is the view of McAllen-based customs dealer Jorge Torres and INDEX Reynosa President Humberto Martinez.
INDEX is the commerce affiliation for the maquiladora trade in Mexico.
Requested if re-shoring is already taking place because of provide chain disruptions, Martinez mentioned: “Positively. At this level we’re bringing in corporations from Asia to Reynosa, particularly. Throughout the nation of Mexico, the identical factor.”
Martinez mentioned the availability chain disruptions in Asia are already inflicting “lots of points.”
He mentioned: “Simply to present you an concept. We have now a six month lead time and a few suppliers have a one yr lead time, to produce the elements. It’s unimaginable what I happening proper now. The impact of the pandemic is impacting all the world.”
Martinez mentioned the maquila plant he manages is rising because of this.
“A number of the suppliers have already relocated. I’m bringing corporations in from Asia in an effort to keep away from the transportation prices. McAllen helps to carry corporations in additionally.”
Martinez mentioned the McAllen operations for his Reynosa-based maquila is grown from 46,000 sq. ft to 130,000 sq. ft.
Requested how massive the maquiladora trade is in Reynosa proper now, Martinez mentioned: “We have now 152 maquila corporations they usually make use of round 145,000 employees.”
Martinez mentioned he expects these numbers to get larger within the coming months.
Customs dealer Torres is president and co-founder of InterLink Commerce Companies. He not too long ago co-hosted a webinar as regards to the USMCA commerce settlement. The opposite co-host was McAllen Financial Improvement Company.
In the course of the presentation, Torres spoke about provide chain disruptions. Requested by the Rio Grande Guardian Worldwide Information Service whether or not Reynosa was already benefiting, Torres mentioned:
“Sure, clearly, with USMCA, with the adjustments to the automotive trade, with the pandemic, with re-shoring, sure there are corporations seeking to transfer operations to Reynosa and different components of Mexico. We’re seeing a shift in manufacturing from China and even different Asian international locations in order that they meet the availability calls for from their prospects, from the market,” Torres mentioned.
Podcast
Here’s a podcast on Torres’ remarks about provide chain disruptions. The remarks had been made through the InterLink/McAllen EDC webinar.
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