A contract manufacturer is riding the trend of shifting production from China to Mexico.
FabCast Solutions is a contract manufacturer specializing in engineered metal and plastic components for small to mid-sized companies, focusing primarily on the automotive and commercial vehicle markets. Its roots lie in China, but in 2020, the company opened a subsidiary in San Luis Potosí, Mexico, signaling a shift in production to the western hemisphere. On this episode, FabCast founder and chief executive officer Jonathan Egan explains the rationale behind the move, and tells how the company is faring in its relatively early days of making product in Mexico. He also details the pros and cons of the nearshoring move, and offers advice to companies looking to follow his example. Hosted by Bob Bowman, Editor-in-Chief of SupplyChainBrain.