💼 Business 9h ago · Matthew A. Chang

America can manufacture at cost-parity with China

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America can manufacture at cost-parity with China
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In a recent NYSE interview, a reporter asked me if my focus on Made-in-America manufacturing makes me afraid of having to compete with the cost of China manufacturing goods. My response surprised her.“Not at all,” I said. “As a matter of fact, it is highly possible for Made-in-America pricing to be at parity or even lower than the cost of China-made goods.”



Here’s why: Automation addresses an old competitive disadvantage while simultaneously creating a new advantage.



THE NEW ADVANTAGE



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