Amazon and Foxconn reflect a growing trend: Deliver it now
WASHINGTON (AP) — In today’s economy, speed is everything. Amazon’s plans to add 50,000 jobs at a dozen warehouses across the United States and Foxconn’s decision to build a $10 billion plant and hire up to 13,000 workers in Wisconsin aren’t just feel-good stories of job creation. They reflect the pressures companies now feel to be as close to their customers as possible — a trend that’s helping restore some American factories and jobs. Computer advances increasingly let manufacturers customize orders and ship goods faster. In the new world, making products in faraway low-wage countries like China can be a disadvantage: It can take too long — weeks, months — to ship finished products to the United States. “This is about customer proximity,” said Michael Mandel, chief economic strategist at the Progressive Policy Institute. “You develop a sustainable and durable advantage against overseas competition.” Mandel said the growing trend would have emerged regardless of who occup...