Quote:
|
I will start worrying when I see a Chinese copyist factory opened in Nashville with ten thousand employees.
|
Now there's a striking image! I can imagine how the Detroit auto manufactuers must have felt when Toyota started opening up factories across the South.
This is from the International Herald Tribune (part of the New York Times):
"In Alabama alone, Mercedes-Benz has doubled the size of its plant near Tuscaloosa in the past year; Honda has done the same at its factory in Lincoln; Hyundai, the South Korean automaker, opened a factory last month in Montgomery, Alabama; and Toyota is adding 300 workers at its engine plant in Huntsville. The automobile industry in the United States is not dying - it is just changing hands."
Globalization affects all businesses eventually, I suppose.