Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
In the 1980s the US plant was obsolete and needed to be replaced.  Plant cost was the same no matter where they parked it so they went off-shore to be able to buy labor in a low wage rate environment, e.g., Indonesia, and sell in high wage rate markets and pocket the difference.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by ATinNM on Tue Jul 12th, 2016 at 06:29:09 PM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Top Diaries

Occasional Series