Kymedic
There are things that are cheaper to produce domestically as well. My first job was at an Australian machinist workshop, and we've faced steeper manufacturing decline than the USA due to our inflated economy, yet this little shop was able to keep going, producing small batch items, because of the shipping container rule (or so I like to call it). If you can't fill a shipping container, then it's going to be cheaper to do it domestically, because the cost of setting up tooling and getting production started is a bigger factor and is more universal than the cost of labour. Stack on shipping and additional, remote quality control and the overseas option can be more expensive.
There are things that are cheaper to produce domestically as well. My first job was at an Australian machinist workshop, and we've faced steeper manufacturing decline than the USA due to our inflated economy, yet this little shop was able to keep going, producing small batch items, because of the shipping container rule (or so I like to call it). If you can't fill a shipping container, then it's going to be cheaper to do it domestically, because the cost of setting up tooling and getting production started is a bigger factor and is more universal than the cost of labour. Stack on shipping and additional, remote quality control and the overseas option can be more expensive.