Yup. Nevertheless this movement of manufacturing has also quite horrible effects on the US economy. There are much "better" and cheaper places for the European industry than Spartanburg. I.e. Airbus opened a assembly line of its A320 in China. Boeing has absolutely no chance to compete with Airbusses mounted by the Chi-Coms. The symbiosis between European know-how and 3rd world labor forces could pose a major impact for the US industry and US jobs.
Personally I would prefer a more adjusted policy between the US and Europe to avoid such BS. The high Euro is for sure no reason for happiness in the US.
Regards from good old Europe
A.B.
"Yup. Nevertheless this movement of manufacturing has also quite horrible effects on the US economy."
Specific FDI to the US, horrible?