Quote:
Originally Posted by middle-aged mom
US manufacturers have been making unprecedented investments in custom industrial robotics over the past 5 years. A late 2015 survey of 500 global manufacturing CEOs by Deloitt &Touche concluded the US is positioning to reclaim the top spot for global manufacturing by 2020 based on the investments in custom industrial robotics designed to be more productive that the cheapest sources of labor.
Assuming this projection is realized, it did not dependent on who was elected in 2016.
We are not talking about our daddy's factories of the past that used to employ the masses under collective bargaining agreements.
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Re-shoring has been picking up steam over the last several years.
"Sixty thousand manufacturing jobs were added in the U.S. in 2014, versus 12,000 in 2003, either through so-called reshoring, in which American companies bring jobs back to the U.S., or foreign direct investment, in which foreign companies move production to the U.S., according to a study from the Reshoring Initiative. In contrast, as many as 50,000 jobs were “offshored” last year, a decline from about 150,000 in 2003."
Record number of manufacturing jobs returning to America - MarketWatch