They will therefore not be in a hurry to risk their entire business by expanding too rapidly, but they are the major indicator of whether the manufacturing industry accepts there is a sustainable business in RFID production. ↗
I've gone to China, bought a manufacturing company and moved it to America. Now China wants to buy back some of that new technology from me. That's a great story for America. ↗
If you ask an economist what's driven economic growth, it's been major advances in things that mattered - the mechanization of farming, mass manufacturing, things like that. The problem is, our society is not organized around doing that. ↗
Until the Chinese decide to compete fairly it will be up to us to do what we can to further protect our manufacturing base, and ensure we keep the good paying jobs we already have. ↗
Furniture manufacturing in plastics requires very costly machinery, which the Danish market is not big enough to justify. Or so they say. But show me a plastics manufacturer who dares to take on the experiment. ↗
I remember very clearly at the first budget review having a pretty direct conversation with the head of manufacturing... We began to get huge improvements in productivity and responsiveness. I got a chance to see that firsthand. ↗