The Changing Face of Manufacturing: How US Manufacturers are Looking Homeward
GlobalTranz
JANUARY 12, 2015
In July 2007, the price of natural gas rose to an astronomical $14 per MMBtu. Add to that the cost of shipping over long distances to US and European markets and they have lost the huge advantage they used to have in the past. Fall in the price of natural gas. Rising costs of labor in China and other places.
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