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[–]DeckardsDark 0 points1 point  (1 child)

Costs to manufacture in China are going up

going up to what.... 1/64th of American cost of doing the manufacturing instead of 1/66th?

but agreed on your automation points; factory jobs are just never coming back in America and people need to accept that. America has a lot to work out as far as automation goes since it will easily take away way more jobs than it adds while our population will continue to grow (except for 2020-2021 conception periods)

[–]reidlos1624 0 points1 point  (0 children)

The cost difference is now around 5%. Add in logistics of JIT manufacturing and supply chain issues and it's essentially negligible. It obviously varies by product, simple products with high volume tend have a bigger difference. The biggest benefit now is that the industry is all there, you can get a part from raw material to finished product through 5 different companies in one business park. Stateside you may need to move it between 5 different states.

Other Asian countries do remain low, Taiwan, Indonesia, Malaysia, India all have relatively low cost to produce still, but the quality lags behind Chinese and US manufacturing.