August 6, 2015
Twenty-five years ago, Ni Meijuan earned $19 a month working the spinning machines at a vast textile factory in China. Now at the Keer Group’s cotton mill in South Carolina, Ni is training American workers to do the job she used to do. “They’re quick learners,” she said. “But they have to learn to be quicker.”
Once the epitome of cheap mass manufacturing, textile producers from formerly low-cost nations are starting to set up shop in America, reports The New York Times (Aug. 3, 2015). It is part of a blurring between high- and low-cost manufacturing nations that few would have predicted a decade ago. Textile production in China is becoming increasingly unprofitable after years of rising wages, higher energy bills, and mounting logistical costs.
AccountMateBlog.com 