According to the WSJ report the CEO of Flextronics International Ltd., FLEX +0.95% a
Singapore-based company that helped hundreds of firms move manufacturing of
electronic parts and products to Asia, says it is getting "easier to
justify" production in the U.S.
The difference in labor costs is narrowing and local
officials in America have been giving more financial incentives to companies
setting up plants in the U.S., Mike McNamara, chief executive of Flextronics,
said in an interview Friday. Mr. McNamara said he could even imagine some
smartphones being made in the U.S. eventually. But he cautioned that the return
of manufacturing to the U.S. is likely to be a "slow and evolving
process" rather than a flood. Many obstacles remain, including relatively
high U.S. taxes, health-care expenses and regulatory costs,….
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