(Hon Hai Precision Industry Co., Ltd) Foxconn is a large Taiwanese company and is not my idea of the United States coming back as a leading country in factory manufacturing?
Granted this could be eyed as a start of manufacturing in this country and lord knows we need the jobs, but in order to become profitable in a business and insure that most of the monies remain in the country, shouldn’t we be building our own factories and hiring our people?
With its 1.5 million factory workers earning as little as $300 a month to make iPhones, laptops and PlayStations, the Chinese behemoth Foxconn has become a potent symbol of America’s manufacturing decline and the transfer of jobs to Asia.
A course this is no longer considering quality or how lone product last, just price?
Foxconn’s recent announcement that it would invest $30 million to hire 500 workers for a new robotics factory in Harrisburg, Pa., starting in 2014—and possibly a second factory in Arizona.
If countries outside of the United States can hire our workers, why not a company from the United states hiring our workers to do this same manufacturing?
Workers at the Motorola smartphone plant in Fort Worth, Texas. (LM Otero/AP)
I ask you is this in reality proof of a stunning reversal of fortune for American manufacturing?
Yes, an industry long ago written off as a casualty of globalization, can we not now be able to work for a comparable wage earning as other countries?
From 2000 to 2009, America bled nearly six million manufacturing jobs, or a third of its industrial workforce, as companies shifted production overseas.
But over the past two years, the country has seen the green shoots of manufacturing’s rebirth. Since 2011, the U.S. has added 550,000 new manufacturing jobs, according to the Bureau of Labor Statistics, marking the first positive news for the sector since 1997.