My answer to Why do multinational companies set up production jointly with the local companies of a country?
Answer by Ken Larson:
IBM and GE come to mind as two prominent companies that are doing what you have questioned. The strategy is obvious; supply and demand.
They relocating high tech and aircraft manufacturing personnel from the US to where the demand is greatest.
Bringing jobs back to America” is an antiquated phrase.
We must bring America to the jobs and we are doing so with our unmatched technology and internationally wired economy.
Supply and demand has always prevailed throughout human history. America needs to elevate education and industrial cooperative programs to bring our work force up to where the bulk of our labor force can lead the world anywhere in the world.
Asking industry to invest in this concept is a great way to fill open labor requisitions in the top firms with experienced people.