This story is entirely correct, with an ever so small misleading concept.
Machining has already made a return to America. And you should see one of these new centers. Hundreds and hundreds of machines. Where are the people? Oh there’s a few low to moderately paid folks driving around on carts that deliver raw materials to and pick up finished products from the machine. And a very few well paid people in a glass walled office programming the machines.
Automation and computerization have allowed the creation of machines that are better than people, even if the people worked for nothing (wastage and mistakes make the difference).
And if you are going to have millions (or billions) of dollars sunk in the ground, why do it in some foreign country where they might decided to nationalize things?
Yes, these industries ARE coming back. But the number of jobs that will come back with them will be a pittance compared to what left. And since the liberals have decided to turn schools into propaganda factories that produce nothing but dullards, the good jobs of programming the machines will all go to Indians.
But we will be racially, culturally, and sexual orientation sensitive.
According to Harry Moser, founder/president of the Reshoring Initiative, we have already stopped the economic bleeding caused by offshoring.
Since 2003, new offshoring is DOWN by 70% to 80% and new reshoring is UP by 1500%.
The most important accomplishment has been the net-loss of 100,000+ manufacturing jobs each year has ended.
New reshoring is now balancing new offshoring at about 40,000 manufacturing jobs/year, resulting in the first neutral year of job loss/gain in the last 20.
Reshoring is happening because overseas locations are becoming less attractive and reshoring is gaining momentum because it is helping U.S. manufacturers recover from offshoring’s poor quality, trade secret thefts, supply chain disruptions and lengthly delivery times – all while staying cost competitive.
http://www.manufacturingindustryadvisor.com/reshoring-is-gaining-momentum/