Everscale Group

🌟 Record-Breaking FDI for Mexico! 🌟 By the end of Q2 2024, Mexico secured an impressive $31 billion USD in Foreign Direct Investment, marking a 7% increase over last year and setting a new historic high. 🚀 The U.S. continues to be Mexico's top trade partner, contributing 44% of total FDI, followed by Germany (13%) and Japan (10%). Manufacturing led the way, attracting 54% of the investment, with 68% of FDI concentrated in just five states. Nuevo Leon ranked 2nd, receiving 7% of the total. Mexico's competitive advantages and business-friendly environment keep driving growth! 💼 📰 Read more about this and receive the latest insights on Monterrey’s latest news by subscribing to our weekly newsletter, Invest In News!

As tech companies explore cost-efficient foreign operations, Mexico has become the top Nearshore destination in North America. But with multiple expansion strategies available, how do they compare? what to avoid? More: tinyurl.com/4nkbdba9

Mexico widens its lead as the top Center of Excellence #Nearshore Location in the Americas. 7 years ago, Gartner confirmed the country’s leadership due to its large talent pool and hard-to-ignore location. How has it managed to extend its lead? tinyurl.com/ynnp2cjh

Everscale Group has been recognized by @clutch_co in several of the service lines that we provide as an end-to-end solution for expanding into Mexico. 🏅 Top Finance & Accounting Services in Mexico 🏅 Top HR Recruiting for IT in Mexico 🏅 Top PEO Company in Mexico #Nearshore

Mexico achieves record exports to the U.S.: 78.2 billion dollars in the first two months of the year - @elpaismexico The Latin American country consolidates its position as the United States' main trading partner, ahead of China and Canada. #Nearshoring elpais.com/mexico/2024-04…

Mexico's popularity for establishing In-House Capability Centers and Multi-function Offices is trending up, fueled by a surge of new factors. Corporations and SMEs are benefiting from new models to run cost-effective regional offices. Read more tinyurl.com/yhkrej9p

This Thanksgiving, Everscale is deeply thankful for our incredible team, loyal partners, and clients' trust. Wishing everyone a warm and joyous holiday filled with cherished moments. Happy Thanksgiving!

Budget 2024: A Comparative Analysis of Costs, Risks, and Timelines related to running new operations in Mexico for Tech companies, examining the soft landing options provided by the Country and the Do-It-Yourself approach. #LATAM #MarketEntry #nearshoring tinyurl.com/3rnhsx25

Everscale announces Mexico's Private Equity Pilot Program for Portfolio Companies - Oct 7, 2023 Portfolio Companies can add their own Mexico cost-effective operational capabilities in days, test the region, and scale in size and functionality when needed. pr.com/press-release/…

IMF raises Mexico growth forecasts on robust consumption, services, auto output reut.rs/3PJk08Z

MEXICO - The president of the Canadian Chamber of Commerce in Mexico (CanCham), announced that Canada is planning investment projects for up to US$10 billion in Mexico. tinyurl.com/2s3jh37a

Did you know that Nuevo Leon is set to receive a whopping 48% of Latin America's nearshoring investments? 🌐🚀 With its robust supplier base, skilled workforce, and strategic geographic location, our state has solidified its position as the ultimate destination for multinational companies seeking to establish business operations in North America. 🌆💪 #NuevoLeon #Monterrey #LandOfBusiness #LandOfPossibilities #Nearshoring #EconomicDevelopment #InvestMonterrey

Mexico has officially surpassed China as the United States’ top trading partner! 🙌🏼 The ongoing economic boom propelled by #nearshoring in Mexico has positioned the country as one of the most attractive destinations to do business in the world. This has been a key factor in Mexican exports to the U.S. reaching $157 billion USD and U.S. exports to Mexico totaling $106 billion USD during the first four months of 2023. Bilateral trade between both countries skyrocketed to $263 billion USD! 🇲🇽🤝🏼🇺🇸

Happy 4th of July! 🇺🇸🎉 The United States and Nuevo Leon share a strong economic relationship; in fact, our state attracted $470.6 million USD of Foreign Direct Investment from the US in just the first quarter of 2023. 📈 Many American companies operate successfully in our state, including Whirlpool, Polaris, Caterpillar, Carrier, John Deere, Johnson Controls, Navistar, and Home Depot. 💪 #InvestMonterrey #4thJuly

"Exports from Mexico reached an all-time high of $53.6 billion last month as the country continues to benefit from US demand for its manufacturing products" - Bloomberg @markets bloom.bg/40RiAg6 #nearshoring

@EverscaleGroup is hosting the next Live Webinar on How Tech Companies Are Opening Operations in Mexico While Avoiding Costs Register at bit.ly/3EGAMkz #Nearshoring #HiringinMexico #LocalIncorporation

Chinese companies are investing aggressively in Mexico, taking advantage of an expansive North American trade deal. Tracing a path forged by Japanese and South Korean companies, Chinese firms are increasing their presence in Mexico - NYTimes #Nearshoring nyti.ms/3X6dfQo

A recurring question we receive is what are some of the lessons learned from the companies that have started operations in Mexico. We created a long list of common mistakes for the IT industry. #nearshore #commonmistakes #hiringinmexico bit.ly/3TULqu0

Webinar: How to open and pilot an IT Nearshore operation in Mexico, September 13, 2022 How to use new frameworks that enable cross-border operations to access a larger talent pool, with similar travel distances, while optimizing their cost structure. bit.ly/3D5tx5M

Looking for remote jobs in Mexico? Browse the following list of open positions in the Tech Industry and submit your resume. #Nearshore #ITJobs bit.ly/3qW8pYE