Re:America Underestimates the Difficulty of Bringing Manufac...
by 9rx on Wednesday April 16, 2025 @10:12AM
(#43705839)
> Companies aim to build their new factories wherever there's a sufficient pool of cheap labor with the necessary skills.
Of course, even where labor cost is truly inconsequential, you would still do that as all the correlations that come alongside cheap labor are still very attractive to manufacturing.
Not disagree with your main points, but labor inputs are still very much a huge part of product costs, and often the biggest driver of where to build a new factory when a company is scaling up. Companies aim to build their new factories wherever there's a sufficient pool of cheap labor with the necessary skills.