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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (20868)	1/9/2005 6:14:11 PM
From: RealMuLan	Read Replies (1) \| Respond to of 116555

Not All Outsourced Jobs Are Lost Forever BY RICHARD READ c.2004 Newhouse News Service PORTLAND, Ore. -- Three years ago, Epson Portland laid off 850 employees -- three-quarters of its work force -- as printer assembly moved to Asia. The Hillsboro company put its newest building up for sale, succumbing to the powerful riptide carrying manufacturing jobs to countries with cheap labor. Epson appeared poised to vanish from Oregon like other big Japanese manufacturers. Its payroll plunged from 2,400 in 1998, when the state's manufacturing employment peaked, to 250. But the factory is back, defying outsourcing's centrifugal force. Its payroll has ballooned to 600. It churns out record numbers of printer cartridges. Productivity is up. Defects are down. The factory spits out five times as many cartridges per worker as a sister plant in China. newhousenews.com