Made in USA: Overseas jobs come home
Something I’ve said for years, the cost of shipping is considerable. Not to mention the cost of oversight of overseas facilities.
….He said when NCR looked at the cost of shipping products that weigh more than a ton each, as well as the need to have the plant close to the engineering staff and customers in order to constantly improve the machines, it decided to build the Georgia plant.
NCR (NCR, Fortune 500) has already hired about 500 workers to build ATM machines and self-service checkout systems at a Columbus, Ga., plant, and it plans to add another 370 jobs by 2014, building products that were formerly produced at plants in China, Hungary and Brazil.
This trend of reshoring or insourcing is likely to grow in the coming years, as the cost gap between building overseas and building at home narrows. It’s an encouraging sign in a job market where hiring has stalled in recent months.
