I was talking with a customer today. He’s waiting for a CNC machine to come in from Taiwan. That’s good news – he’s making more stuff here. But the better news – the company he’s getting the machine from is moving production to the U.S. Apparently they can’t make and ship them fast enough to meet demand.
That’s good news on two fronts. It means that more high-skill value-add manufacturing jobs will be here in the States. But it also means that more manufacturers are buying them here. Which means even more manufacturing jobs.
And I’ve long believed that the only way to have a growing economy is to have manufacturing jobs. Manufacturing is the only sector that increases the value of material. Shipping, stocking, selling – all important, but not a single one of them adds value to the raw materials that make up the item.
So news like this makes me happy.