For 15 years,we Americans have been pummeled with the loss of manufacturing jobs to lower-cost countries, primarily China, although Malaysia, India, Vietnam, and other play a part as well. (Korea and Japan are no longer considered low-cost labor markets.) Well, appliance fans, that's all starting to change. There's a great article in Appliance Magazine that discusses the turning of the tide.
When you combine this with the long term economic advantage that the US will gain with the rapidly declining cost of natural gas (which powers a lot of manufacturing processes), we could be looking at a resurgent manufacturing sector. Big Time. Wonder if those Whirlpool and Maytag plants in Ohio are hiring???
No comments:
Post a Comment