"Ed Huntress" wrote in message
...
"J. R. Carroll" wrote in message
. com...

"F. George McDuffee" wrote in message
...

This may have been true at the higher levels at one time but with
telecommuting service sector jobs are also rapidly disappearing.
For example many low to mid level accounting jobs such as tax
returns are now done overseas. Where the jobs cannot be done
externally H1B visas allow worker importation.

Perhaps, but half of my customers are in Europe and Asia. My feeling is
that
the value you add is what customers are interested in. It goes right to
their bottom line.

That's fine in your business, John. It's not so fine if you're making
injection moldings for consumer products or assembling car engines in
Detroit or Windsor.


Ed,
When I owned half of an injection molder we never lost a job we wanted to
Asia, not once. In fact, the first big tooling/molding package we nailed
down was something running in Malaysia. One project that was bid around the
world was commercial binary syringe assemblies for tooth whitening gel. The
quantities were 20 million units per month to start. You probably know the
company we did this for. If you have a Hot Springs Spa, 90 percent of the
molded parts are from my tools running in the United States. Carlsbad to be
precise. I could go on here at some length as 100 million dollars per year
in molded product is a lot of product. That isn't my point.
In each and every case the costs of making product were lower when customers
did business with us than if they made there purchase overseas. We were
shipping parts on several jobs to China as a matter of fact.

This is the important part - in no year between 1991 and 2002 did the
company's net after tax margin fall below 18 percent of gross revenues -
never, not once, period. It was almost embarrassing and we did not have a
single product of our own.
If Detroit or Windsor can't stay busy or if GM files it won't be because
they couldn't get the answer right. It will be because they kept asking the
wrong damned question.


--
John R. Carroll
Machining Solution Software, Inc.
Los Angeles San Francisco
www.machiningsolution.com