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.
They’re going to specialize in 46 inch and larger screens. They’re starting with parts made in China but intend to build an supply network here in the states. They do mention rising costs to manufacture and transport from China.
Its important to note that Michigan will likely go right to work if Indiana does so we’re pushing on Indiana hard.
Not surprised at all. The US has lots of real estate, an educated population, low operating costs, etc. You name it.
The problem as always has been the unions that priced labor out of competition rage.
It also has massive infrastructure advantages, and is closer to the demand, etc.
As for the engineering jobs, I wouldn’t worry about those either. What is China going do when they have a 300 million shortfall in workers? Watch labor costs skyrocket.