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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: CommanderCricket who wrote (82622)4/6/2007 9:56:39 AM
From: CommanderCricket  Read Replies (1) of 206323
 
One other note I forgot to mention.

Over the last decade US manufacturers knew they needed to retool and automate their factories and many found it was "cheaper" to shut in the old facilities in North America and start over in Asia.

Many are now discovering they made a mistake as they lost control and the savings were no where near what was advertised.

I know as we purchased Motorola's "state of the art" component facility in Tianjian in 2000. When I left they were still having labor issues. Too many unskilled workers versus what was really required. We moved that work to Singapore and kept the manually stuff in Tianjian. Motorola walked away...
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