Problem is you're not competeting against low wages. You're competeting against automation.
The folks who move production off-shore are just doing so because right now it's cheaper then the capital investments in automated equipment.
Toyota's plant under construction currently in Alabama, originally for Highlanders but as I understand it being reprogrammed for a new hybrid, will employ 2,000 workers. Making 150,000 cars/year. Pretty amazing, huh?
For the last two decades, the general trend each year has been for efficiency (productivity) to increase 3% per year, while U.S. Industrial Output has grown 1% per year. Yes, it has been growing folks. Problem is, in simple numbers, if you only grew output 20% in two decades but improved efficiency 60%, you can sack 40% of your workers since they're no longer needed.
Companies making fairly complex stuff -- not the handpainted curios and such -- face a pretty simple decision. They can spend their money investing in newer, more automated equipment; or they can spend their money to move the factory and ship goods from a lower wage country. In either case, most of the jobs that went into manipulating materials and assembling them in the U.S. are going to disappear.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - A Tractor's Point of View - by John Manley. I began my life on August 3,1941. I was actually built at different times and days but I was officially an M Farmall on August 3.I was real nice and shiny. That�s me, in the old picture, third from the left. I was loaded on that train and sent to a little town in South Carolina. I didn�t get to see much of that town. I was moved off the train fast and on to the dealer�s
... [Read Article]
Latest Ad:
1958 FORD RARE 4x4 801 TRACTOR, ELENCO/FRONT DRIVE, FRONTLOADER AND WEIGHTED REAR WHEELS, FIVE SPEED, LIVE PTO, GAS ENGINE, NEW REAR WHEELS AND TIRES, ENGINE RUNS.
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
