Re: Even Wood Shims!?

On Mar 6, 7:26 pm, "Lew Hodgett" <lewhodg...@xxxxxxxxxxxxx> wrote:


Still remember a comment attributed to Jack Welch while he was still
CEO of GE.

"The lowest cost solution is to build your factories on barges, then
put them as close as possible to the lowest cost labor supply. When a
lower cost supply develops, move the factory."

Unfortunately, that concept is closer than we think.

Some of those realities have already come and gone. The Japanese, for
instance, were able to come across the Pacific, catch fish off
Canadian shores, clean/process/can them on the way back to Japan,
stick the cans in containers and ship them to Canada for less money
than we could it ourselves. They did that for a long time. That kind
of competition is real and fair.

.