Published at Thursday, November 08th, 2018 - 15:27:25 PM. Manufacturing Robot. By Eulalie Lacroix.
Nearly every day a news story is published that proclaims the U.S. manufacturing industry is dead and little if any manufacturing hiring is occurring. Take these claims with a grain of salt. U.S. manufacturers are thriving. But they are not the low tech, unskilled-labor businesses of twenty or thirty years ago. They have integrated so much technology into the manufacturing process that they require highly trained employees.
The main reason for offshore manufacturing is to reduce production costs for a manufacturer who is trying to make more profits by exploiting the comparative advantages that exist in other countries and which are not in his/her country.
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