Mexico keeps being one of the main recipients of foreign industrial investment worldwide, thanks to its closeness to the largest economy of the world, along with its specialized labor in diverse industries and the expertise of its supply chain.
The emergence of new markets has put the Mexican industry into a position that needs a continuous improvement in order to compete with the aggressive global competition. International manufacturing companies have to look at cost savings as well as their ability to increase their competitiveness.
When you are a foreign company looking to establish operations in Mexico, you need to find who will take care of you and help you minimize your risk of operating in an unfamiliar business environment.
With almost 40 years of experience, Intermex has been a success with more than 200 clients. Intermex is a Mexican private company with industrial nationwide services. Their core business is to provide support to foreign companies working to establish successful manufacturing operations in Mexico.
Intermex features the business divisions of Industrial Real Estate, Shelter Services and Logistics. In Real Estate, more than 15 million Sq. Ft. of industrial space have been developed by Intermex throughout Mexico.
The Firm has developed in-country 17 Industrial Parks located in the top industrial centers. Exhibit 1illustrates Intermex’s presence in Mexico.
Enrique Portillo is the Senior Vice President of Developing and Marketing of Intermex. He pointed out: “Our Real Estate division will provide the lease price for the building that fulfills your construction needs in any of the various cities you consider”.
Many companies need special requirements for the success of their operations. Intermex specializes in featuring an expansive inventory of available and speculative buildings for immediate occupancy and land reserves for “build to suit” projects.
Among the latest companies that have experienced the success of working with Intermex are Tecstar de Mexico, Textron and Cessna.
Tecstar de México S.A. de C.V., is part of the MGS MFG Group and recently signed a lease with Intermex for a 50,145 square-foot building located at the Chihuahua Industrial Complex in the city of Chihuahua. This Intermex building represents Tecstar’s third plant in the city.
Textron International Mexico celebrated the opening of its permanent facility in Chihuahua during the company’s June 23 event. The 122,000 square-foot building located in the new Intermex Carolina Industrial Park features more than 43 acres of available land. Textron International Mexico plans to invest more than US $85 million of equipment to manufacture the cabin, nose and tail sections of the Bell 429 helicopter.
Cessna Aircraft recently celebrated the opening of its fourth facility in Chihuahua. The 83,000 square-foot Intermex Building is located in the Chihuahua Industrial Complex. Mr. Jaime Creel Sisniega, President of Intermex Board of Administration said that Cessna’s new project is very important as it strengthens the City of Chihuahua as a recognized aerospace cluster. The Cessna facility is already under a significant expansion, the facility will reach 480,000 ft2 in size by mid-2011.
A “build to suit” facility with Intermex is a great option for your start up project. A typical “build to suit” facility will be ready in five months for beneficial occupancy. There are many successful cases where Intermex has shown its ability to offer the best “built to suit” projects seen everywhere in Mexico. To mention a few there are: Freescale is engineering and design Center located in Guadalajara in a 65,063 Sq. Ft. high-tech building. Another good example is Nifco Korea.
They do plastic injection molding for the automotive industry. Their production was installed in a “build to suit” facility right on time and they are located in Apodaca, Nuevo Leon. Under the name of “Sale-Leaseback Transaction Program” the client sells the property to Intermex and remains there as the tenant. Through this transaction, you as a seller free up capital for other business purposes, while retaining use of the property.
Intermex also offers sustainable buildings. By offering LEED certified buildings, Intermex is making dramatic improvements in green building construction. They are also offering the adoption of diverse green policies closely adapted to your individual facility.
The development of the industry in Mexico has obligated the supply chain to become more and more specialized. In order to support their clients in their business adventures into Mexico, Intermex began their Shelter Services Program.
Intermex Shelter is an excellent option when you are a foreign company looking to operate in Mexico. In this way you greatly minimize your risk of operating in Mexico. And at the same time minimize your learning curve, along with the opportunity to maximize your savings, will rise on a trajectory of continued success.
One of the Industries that have taken advantage at the most of the shelter services in Mexico is the Aerospace. This is a very specialized industry where Intermex has been a partner in the development of this industry, by becoming the main shelter supplier for most of the most important aerospace projects in Mexico.
In your Aerospace project in Mexico, you manufacture and Intermex does the rest. Among the services that Intermex provides in this division are human resources, logistics, customs and permits.
Also environmental services along with your requirements at legal services, accounting & taxes, your building and administration services are provided by Intermex’s Shelter Division.
As we said earlier, Textron just opened a new facility to manufacture the cabin, nose and tail sections of the Bell 429 helicopter.
During their speeches, John Roberts, general manager of Textron International Mexico, and John Garrison, president of Bell, their pride of the local labor force that has demonstrated hard work and achieved quality while operating ethically.
Enrique Portillo, VP of Intermex made this comment: “Our Shelter division maintains presence in the major industrial markets in Mexico. Our database comes from real-life operations. We base information regarding salaries (including benefits), utilities and transportation costs from actual experience in addition to gathering latest information from comparable markets”.
“Our Logistics division” Mr. Portillo continued, “constantly moves products to and from the main ports of entry to Mexico for our shelter and logistics clients. We know that supply chain management costs strongly influence the “location-location-location” decision”.
By letting Intermex take care of your logistics, the specialized division of Intermex Logistics will help you concentrate on managing the core competences of your business. 3PL services, public and dedicated warehousing, freight consolidation and distribution are among the services provided by Intermex in this division.
Intermex offers additional value to its clients by providing a city selection analysis. This service helps the foreign or Mexican company start operations in the most suitable city, according to specific needs and requirements. This comparative analysis includes labor cost, logistics, utilities and real estate.