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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (14090)	3/18/2004 3:05:08 PM
From: Donald Wennerstrom	Read Replies (1) \| Respond to of 95657

Here is some good news on the jobs front. From CBS Marketwatch. <<U.S. manufacturing's bleeding is over Economists see rebound and few job losses through 2012 By Chris Pummer, CBS MarketWatch Last Update: 12:01 AM ET March 18, 2004 SAN FRANCISCO (CBS.MW) -- In Bowling Green, Ky., Magna Corp. is building an $80 million auto-parts plant that will employ 800 people supplying U.S. factories. In Shoshone, Idaho, Rocky Mountain Hardware added 20 jobs in October when it opened a plant that makes bronze sinks, doorknobs and other ornamental fixtures for luxury homes. In Fowlerville, Mich., Hatch Stamping opened a highly automated metal-fabrication plant last May that added 76 workers to its 210-employee payroll. "Labor accounts for just 18 percent of our total costs. Who wants to go to China to save three or four cents a part, considering all the political risk involved?" Hatch Chief Financial Officer Chris Parrott said. While the presidential campaign is focusing on the 3 million manufacturing jobs lost since 2000 and mounting service-job losses to outsourcing, a little-noted Labor Department report last month made a startling projection: The blood-letting in U.S. manufacturing is over and job levels will remain stable for at least eight years.>> [snip]