January 2, 2014

Asia May Lose Manufacturing Jobs... to U.S.

Tamsin McMahon, Maclean's

The Associated Press

With its 1.5 million factory workers earning as little as $300 a month to make iPhones, laptops and PlayStations, the Chinese behemoth Foxconn has become a potent symbol of America’s manufacturing decline and the transfer of jobs to Asia. Which is why so many are taking Foxconn’s recent announcement that it would invest $30 million to hire 500 workers for a new robotics factory in Harrisburg, Pa., starting in 2014—and possibly a second factory in Arizona—as proof of a stunning reversal of fortune for American manufacturing, an industry long ago written off as a casualty of globalization.

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TAGGED: Manufacturing, China, United States

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