Boomtown Institute – Yes, It Can Happen!

Back in August 2008 we wrote about “Bringing Jobs Back from China: Can It Happen?” We are happy to report that it has happened!

Thomasville Furniture announced in late summer that it was bringing back some of the work that it had farmed out to China due to lower labor costs. Ed Teplitz, president of Thomasville, cited the rising costs of doing business in China and the opportunity to increase production at its underutilized factory in Lenoir, NC, as a key factor. In addition he said that “the benefits and economics of manufacturing in China now are not as positive as in the past,” citing rising transportation costs. Another benefit of the move is that the company will be able to ship products to its customers more quickly. One hundred jobs have been reinstated at the Lenoir plant.

Full Story: http://www.boomtowninstitute.com/Newsletters/20081028.html