- Joined
- Jun 22, 2022
- Messages
- 1,011
America Is Back in the Factory Business
- Thread starter buster
- Start date
- Status
Before we all go around parading and celebrate this.
If these manufacturing places are owned by China based companies... aka the ccp.... Maybe just maybe be that is NOT a good thing.
And I'm sorry green energy initiatives... Is just another private- public partnership that is NOT a good thing either..... Look up a certain country in Europe in the 1930s if you like to know how well that can go. Those businesses DON'T exist without.... Massive propping up by public partnership.
If these manufacturing places are owned by China based companies... aka the ccp.... Maybe just maybe be that is NOT a good thing.
And I'm sorry green energy initiatives... Is just another private- public partnership that is NOT a good thing either..... Look up a certain country in Europe in the 1930s if you like to know how well that can go. Those businesses DON'T exist without.... Massive propping up by public partnership.
I heard that in the 1970s I am getting that old.
Manufacturing in the United States - Wikipedia
Private equity in the 1980s - Wikipedia
For all you wondering how to bring the labor pool back, you need to harden your stomach and realize that most people don't need to get paid to sit on the couch....
Not really. The Pharma companies could re-locate from the Philly/NYC/CT corridor, get rid of their high-paid dead weight and build plants and offices in flyover country and make the drugs for 1/2 the price and double their capacity...
- Joined
- Jun 8, 2022
- Messages
- 5,579
And it never will. Factory jobs require a clean drug test and background check. They have relaxed the high school diploma most places. Most factory jobs now are machine operator, bin stocking or maintenance - ie not repetitive assembly anyone can be trained for. There good jobs for someone willing to pay attention and put in a full day - lots of opportunity to advance etc.
Assembly stuff still goes off shore.
It’s a national security and supply chain shortening effort - not a solution to the welfare state.
We're supposed to be getting a chip factory in Syracuse NY. I'm really hoping that goes through!
Manufacturing is really how we build wealth.
Manufacturing is really how we build wealth.
@JeffKeryk, what are your thoughts on Thomas Sowell's book Basic Economics?
I used to care. Then I retired.
Seriously I saw this coming a few years back.
Stop buying China junk. I know it's hard, choose another country, just not CHINA.
Seriously I saw this coming a few years back.
Stop buying China junk. I know it's hard, choose another country, just not CHINA.
Well 54% by 2030.. that’s as close to a fact as fox has gotten lately.In a related story, according to Fox News, the EPA just announced that all ‘new’ cars will be electric, starting as in 2027.
Part of my job entails investigating fires. The amount of fires caused from Chinese made products purchased online keeps me very busy. Doubly so for ANY of these products that have Lithium-Ion batteries in them. These products don’t have UL, ETL or ANY listing. If they do, many are fraudulent listings. Lawyers for insurance companies are beginning to sue the retailers who sell this junk because they’re sick of getting stuck with the bills to pay out for burned down homes. Some of these “companies” can never be found because they’ll pump them out of an unknown factory and slap 30 different names on them. Many times the products have no serial or mode numbers so they’re nearly impossible to trace. It’s the Wild West…
4WD
$50 site donor 2024
I KNOW this. (previous life)
I was wondering when the insurance blow back would really ramp up.
Fake **** China is.
Call me sceptical but we have seen this before with solar manufacturing, the companies took billions in taxpayer money, fulfilled the minimum agreement then moved production to China. I don't like the idea of US taxpayer money in end effect subsidizing the Chicom economy. Pockets are being lined with that money.
America Is Back in the Factory Business
Record spending on manufacturing construction heralds a made-in-the-U.S. rebound, stoked by green-energy incentives and concerns about foreign supply chains.www.wsj.com
"Construction spending related to manufacturing reached $108 billion in 2022, Census Bureau data show, the highest annual total on record—more than was spent to build schools, healthcare centers or office buildings.
New factories are rising in urban cores and rural fields, desert flats and surf towns. Much of the growth is coming in the high-tech fields of electric-vehicle batteries and semiconductors, national priorities backed by billions of dollars in government incentives. Other companies that once relied exclusively on lower-cost countries to manufacture eyeglasses and bicycles and bodybuilding supplements have found reasons to come home."
"Today U.S. manufacturing employment is holding steady at about 10% of the private sector, according to the U.S. Bureau of Labor Statistics, with nearly 800,000 jobs added in the sector over the past two years."
View attachment 149883
California-based eyewear vendor Zenni Optical Inc. exclusively used its own Chinese manufacturing facilities during much of its 20-year existence. In May, the company opened its first U.S. plant near Columbus, Ohio, to better serve the Midwest and East Coast, where most of its sales originate.
4WD
$50 site donor 2024
C’mon man … this ain’t no joke
Because we are a free people and can travel, do business with anyone in the world whom we chose too (mostly)
Competition is good. We would still be driving 1960's car that blew up after 70,000 miles.
Countries like the USSR collapsed due to protectionism, socialism/Communism.
Freedom loving states have been building their economies for well over a decade or two now. Slowly turning into powerhouses.
An example would be what has grown to the largest BMW manufacturing plant in the world is right here in South Carolina.
Another would be Boeing moving some operations to South Carolina, another would be Volvo opening a plant in South Carolina, another would be Samsung opening a plant in South Carolina, another would be a joint BMW lithium battery plant opening up in South Carolina, another would be a brand new VW EV brand called Scout, currently under construction and being solely built in South Carolina.
I mean, the list is ENDLESS in addition to all the supporting companies supplying all these companies.
Being business friendly reaps rewards! One just had to look at the direction of states burdened with "red tape"
The country with the lowest labor costs will win. This is becoming a little less important now that robots are taking over the jobs.
Way to much to list, you can choose from the drop down any industry. Here is the auto industry, in the drop down there is another one for EVs.
News | South Carolina Department of Commerce
Newsletter News Industry - Any -Advanced ManufacturingElectric VehiclesAdvanced MaterialsAerospaceAgribusinessAutomotiveDistribution & LogisticsExportingHeadquarters and Corporate OfficesHigh-TechLife SciencesOffice & Shared ServicesRecyclingSmall Business 13 Mar 2024 Ferroglobe establishing...
www.sccommerce.com
Main page
Advanced Manufacturing Industry | South Carolina Department of Commerce
South Carolina's manufacturing industry is growing at a record pace that shows no signs of slowing, increasing by over 17% over the past decade.
www.sccommerce.com
Keep in mind South Carolina has a TINY population but now growing by leaps and bounds compared to others.
South Carolina Gained Almost Half a Million People Last Decade
The Palmetto State population grew 10.7% to 5,118,425 from 2010 to 2020.
www.census.gov
Last edited:
And it did. We effectively exported our middle class.
Companies got to increase productivity while wages stopped following thanks to cheap offshore labor.
Globalization is over. Its done.
As we begin re-shoring our industry we need to insure we are preparing our kids with what they need to work in this world and I worry we aren't doing a very good job. We'll have to import workers for a good while until we catch up.
- Status
Similar threads
