The Changing Face of Manufacturing: How US Manufacturers are Looking Homeward
GlobalTranz
JANUARY 12, 2015
With the rise in global crude oil production and relative political stability in the major oil producing nations, particularly Iraq and Libya, the price of crude oil has fallen from above $100 a barrel to around $50 a barrel in just a year. Drop in the price of crude oil. Rising costs of labor in China and other places.
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