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Just five years ago -- production overseas was the only way to do business but lately it seems like the economic slump is forcing US companies.
To re evaluate the result.
A lot of companies are back sourcing yet that's the opposite of outsourcing it means companies are bringing manufacturing back stateside here.
-- -- power rankings of companies bringing production home is ink magazines rod Kurtz.
-- USA team USA.
It is that's a trend.
-- we're seeing more of that I think the other numbers are starting to you not add up to send them overseas and we're seeing a lot of companies finding its to do business right here consulates.
Let me before we jump into real quick you know some would call -- protectionism.
When they say.
-- do business here even though -- -- a little bit more protectionism and I don't think it's so much -- business is business and not gonna do it it doesn't make sense you're seeing companies run the numbers -- and -- companies have gone over to China and other places and all things being equal which are starting to be as material costs and fuel costs go up.
It just makes just as much sense to do business here in the good old US of let's do this -- Take it over number five Texas Instruments and of course right in the heart of Texas they are based in Dallas.
Now I -- a Texas Instruments calculator and it was a nice if you -- the brand that resonates -- me but.
They're global semiconductor maker of course the number four semiconductor manufacturer in the world.
And they're bringing in the manufacturing back again to save money here today the thing with them is that there -- they're.
-- US plants are the most costly but they're also the most efficient and most modern here in these plans to essentially waste not to use them when they don't have full production.
And it will be up production of the good -- so route 4500 people inflated their five domestic plants.
In and around Dallas Houston the report number -- we have deaths they are in Bowling Green.
As a privately held company that have cell powered tools under the Remington and you've probably seen in -- stores.
And like so many they went to China to save on labor costs and they also got -- as part of that deal a 15% value added.
Tax rebate that would happen is -- lost some of that rebate as I mentioned the fuel costs went up.
The material costs one up.
And what happened is they're making goods in China they -- from the California than they got to drive from all the way to Kentucky it's expensive fuels expensive isn't what Stewart right here.
On the paying more for labor but all the other costs -- a level playing field number of Trace.
-- rabbit tool company now they are based in Denver Colorado.
They make easy graphics which help secure parks in 2004 that was what was saw a lot of companies going overseas to do this they made the move to China and -- same as before they brought it back this year they decided it was more economical and yes more patriotic to bring the jobs.
Back here at home and again all things being equal if they can make you USA let's do it.
-- over so okay cell outdoors and -- sleeping bags here camper you probably heard this company based in -- -- Alabama.
Again they -- a tipping point they stop making stuff in China.
The overall costs in manufacturing in Alabama are actually 3% cheaper than in China now according to the company.
Variety and numero -- number one actually down my.
They -- in Hawthorne New Jersey right across the river you should you should like this one my friend day they make baseball softball equipment today.
Brother manufacturing home last year and point of interest to show how decimated the American manufacturing industry at the end there have been a new baseball factory -- in this country by an established brand.
Nearly two decades.
Why did they do it quote love of country and love the game on the times we hear that baseball.
And this is a growing -- they've got some great endorsements here Manuel Ramirez is one of my old favorites.
-- victory you know Tim Redding Jose Guillen and as a Red Sox and the thing that I like.
On their board of advisors Carl Yastrzemski yes themselves and ID -- he's had -- the career giving you the evil eyes again.
And then how can you -- love your idol when you don't follow the passing of the big the great Billy Mays in the future and as she got through those pretty.
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