The men and women representing Team USA in this year’s Summer Olympics may have been born, raised and trained in America, but as for their stylish Ralph Lauren uniforms, those were made entirely in China.
Offshoring has, quite simply, gutted the American middle class. But it took more than the presence of several hundred million unemployed Chinese to make offshoring feasible. Some are technological, some are cultural.
ANDERSON, IN—Greenville Technology Inc., one of Honda’s largest suppliers, will build a $21 million assembly plant here that will eventually employ 325.
CAMBRIDGE, ON—Toyota is planning to invest more than $100 million in assembly plant here to increase production of the Lexus RX. The automaker also plans to hire an additional 400 workers.