Asked in EconomicsMexico
Would an identical plant in Mexico be as productive as the one in the US?
Asked in Mexico, Manufacturing
Would an identical plant in Mexico be as productive as its U.S. counterpart?
Yes, as long as the manufacturing processes remain the same. This is one of the reasons many American companies have decided to move their production to Mexico: while the average American job in manufacturing is paid at $39,796 the average Mexican job in manufacturing is paid only $5,016; with enough training, equivalent productivity can be achieved within the year -- this is especially important for labor-intensive industries.