Ryan,
I would disagree with you. I draw a small pension check from two large, well-known, global corporations. Both of them have many manufacturing plants around the USA.
One, for example, did build a new plant in China. The products manufactured there will be sold in China and other nearby Asian countries. The physical facts are that the equipment manufactured there are designed and made for use on smaller Asian patients. The equipment would be too small to use on the average US patient. Beyond that, China is where the current expanding market is for these equipment.
At the same time, this same company added manufacturing capability at one of their US sites and added several hundred jobs.
The equivalent equipment for sale in the US is still being manufactured in the US.
That same corporation is leading the way to bringing manufacturing back to the USA.
What? Yes!
In fact, they spent over $800,000,000 rehabbing several of their plants that were nearly idle in Kentucky. In the process of moving one product manufacturing back to the US plant, they actually made it more profitable and lowered the price by 20% to the consumer while doing it. The lesson learned by outsourcing was that it had some serious setbacks in being able to control quality, design and design changes. According to an article published by Forbes 3 years ago, it was short-sided decisions and a herd mentality by a number of MBAs with little experience in the real manufacturing world. One goal that was mistakenly followed "maximizing shareholder value". This from the same article published 3 years ago by Forbes.
Last edited by Ken Fitzgerald; 01-21-2016 at 12:06 AM.
Ken
So much to learn, so little time.....