Published at Thursday, November 08th, 2018 - 14:50:07 PM. Manufacturing Robot. By Carole de Chateaub.
In most cases companies are attracted to offshore manufacturing because of the tax breaks offered by the host. Also, some home countries do not levy taxes on profits made from overseas manufacturing as long as the profit does not come into the country. This is the other intoxicating factor that makes many companies to invest overseas so as to avoid this taxation.
Job-specific training brings value to companies but can be very complicated when it comes to making sure every worker has had the best training possible to effectively produce the best products for customers. Especially in the manufacturing industry, efficiency is key and if products are not consistent with quality, they will be worse off in the economy.
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