Crazy as it may seem, I just read the other day about a company (Element Electronics?) that intends to manufacture hi def televisions in Detroit at a price they say will be competitive with Asia.
I’m not sure how they intend to do it but they say they’ll staff the plant with 100 people. I believe its a Minnesota company.
But note that 20 years ago we were assured that the low level facotry jobs would be leaving and we would keep the engineering jobs. Now it is the engineering jobs which are leaving, but the low level factory jobs coming back.
“Im not sure how they intend to do it but they say theyll staff the plant with 100 people. I believe its a Minnesota company.”
I don’t think it could be done competitively with 100 slaves; in any event, I think that the capital required to stand up a plant of that type is in the range of 0.5 billion dollars or so.
MAYBE, they intend to assemble them from knocked-down kits or something like that.
My amateur research has show U.S. Manufacturing is Better than I feared, but Worse than I'd Like.
One of the best ways to bring those jobs back here is to rid ourselves of the Redundant Department of Redundancy, and 37663 Tax Laws that make life hell for U.S. Companies.
Im not sure how they intend to do it but they say theyll staff the plant with 100 people. I believe its a Minnesota company.
Well, keep in mind that they *are* locating their plant in a third world country.