Wages for production workers in Clyde, typically around $18 to $19 an hour, are roughly five times higher than in Monterrey. But Mr. Durham said the shift should lower costs overall. The Clyde plant is more automated and electricity costs are much lower than in Monterrey, he said. Whirlpool 500238.BY +2.12% also expects to save on transportation because the products won’t have to be shipped across a border before going into the company’s North American distribution network.
Since the beginning of 2010, companies have created more than 80,000 manufacturing jobs by moving production to the U.S. from foreign countries, estimated Harry Moser, president of the Reshoring Initiative, a nonprofit that advocates such shifts. The U.S. continues to lose other manufacturing jobs to offshore plants, but those losses now are being offset by inflows, he said, adding: “We’ve stopped the bleeding.”
As Mike Rowe points out, there are skilled job vacancies in what used to be called industrial arts.
But I also wonder, do the manufacturers expect an inflow of workers coming under immigration amnesty to depress salaries in the US? Even with the push for raising the federal minimum wage from $7.25?