OUR BUSINESS Bermudez International USA Bermudez International MX |
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| The roots of Bermudez International is Grupo Bermudez, a company founded by Jaime Bermudez, Sr., in 1965. Jaime Bermudez was the prime mover and architect of Mexico's "maquila"/twin-plant industry, and the company's accomplishments have been on the leading edge of Mexico's industrialization ever since. Bermudez International, directed by Jaime's son, Sergio, is the evolution of that expertise into the 21st century... | |||||||
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![]() Jaime Bermudez Sr. Jaime Bermudez, Sr., is considered the prime mover and architect of Mexico's Industrialization Program of 1965, a program which opened the country to "offshore" assembly manufacturing by foreign companies. The federal program he helped to design has attracted thousands of companies to the cost-savings opportunities in Mexico by allowing them to own up to 100% of the operations in Mexico, bring in raw materials, supplies and equipment duty free, readily attain Mexican work permits for managers, technicians and supervisors, and, acquire real estate. U.S. Custom Tariffs permit foreign firms to ship products assembled in Mexico with American-made components back into the United States with import duties assessed only on the value added to the product. in Mexico. Jaime Bermudez recognized the opportunity to generate more jobs for Mexico while offering foreign manufacturers the very appealing benefit of labor cost-cutting. He established the first fully master-planned American-styled industrial park in Juarez in 1968. Today the Antinio J. Bermudez Industrial Park has the largest single concentration of major foreign manufacturers producing and assembling products for export, primarily to the adjacent American marketplace, under the maquiladora program. Grupo Bermudez evolved into the largest industrial development firm in Mexico's private sector, developing industrial parks throughout the country. Key to the company's success over the nearly four decades since its founding was effective management, a sound fiscal base and delivering on promises. |
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Antonio J. Bermudez Industrial ParkJuarez, Mexico |
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