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G.M. is investing $5 billion to upgrade its plants in Mexico. Toyota, Volkswagen, Honda and BMW are all adding jobs and new products at their Mexican facilities. And as with Ford, any manufacturing those companies keep in the United States will probably involve more expensive vehicles whose profit margins justify the higher labor costs of building them.
Manufacturing jobs as a share of total jobs have been declining in the U.S. for over 50 years, same is true in all other advanced economies. Our ruling. Trump said, Our companies are moving into Mexico more than almost any other place right now. Thereâs no direct measure of how many companies are moving plants from the United States to Mexico. When we look at outsourcing through official metrics (imports, foreign direct investment, and the number of U.S. business housed in a certain country), Mexico places near the top but not at the top.