I am constantly reading up on all things made in America, and wanted to let you know about two articles on reshoring that are really worth reading. The first was in the Chicago Tribune last week, and dealt with Wal-Mart’s much heralded pledge to spend $5 billion a year on American made products for its stores for the next ten years. A good start but I think Wal-Mart should step it up a bit since it sells almost $500 billion worth of product each year. The second was in the N.Y. Times this morning and is a fascinating read. It concerns the apparel industry and the struggles apparel companies are facing in finding workers able to sew garments. I was fascinated to read that the firm featured in the article, Airtex, is currently paying its Chinese workers $11.80 an hour, including benefits and housing. By contrast, Airtex pays its American factory-floor workers about $9 to $17 an hour. And
What I really liked to hear was that Airtex brought its factories back home to the States because people like you and I told them that’s what we wanted. We are more powerful than we know. If we let firms in this country know that we want our products designed and manufactured in this country, they will respond. So let’s let them know!