Muddy
12-07-2016, 08:51 PM
Trump's win pushed this manufacturer to return to the U.S.
http://i68.tinypic.com/30u8d5i.png
Donald Trump's win in November was the final nudge for one manufacturer to move its production back home from China.
For over a year, New York-based Trans-Lux -- which makes LCD and LED displays -- has contemplated relocating its Chinese facilities to the U.S.
"It makes economic sense," said J.M. Allain, president & CEO of Trans-Lux, which also makes the huge digital screens that run the tickers at the New York Stock Exchange.
To cut costs, the company exported much of its production two decades ago to Shenzhen in southeast China, a manufacturing hub for electronics. But as China's economy developed, conducting business there has become increasingly expensive for foreign firms.
http://money.cnn.com/2016/12/07/technology/translux-manufacturing-trump/
:haha:
http://i68.tinypic.com/30u8d5i.png
Donald Trump's win in November was the final nudge for one manufacturer to move its production back home from China.
For over a year, New York-based Trans-Lux -- which makes LCD and LED displays -- has contemplated relocating its Chinese facilities to the U.S.
"It makes economic sense," said J.M. Allain, president & CEO of Trans-Lux, which also makes the huge digital screens that run the tickers at the New York Stock Exchange.
To cut costs, the company exported much of its production two decades ago to Shenzhen in southeast China, a manufacturing hub for electronics. But as China's economy developed, conducting business there has become increasingly expensive for foreign firms.
http://money.cnn.com/2016/12/07/technology/translux-manufacturing-trump/
:haha: