The one thing I caught in an article about Weber's turnaround plan was bringing back manufacturing to the regions they do business in. It was stated something to the effect of NOT shipping grills/parts overseas. That's probably and upgrade to the US market. Weber is calling it "Make Where We Sell" which makes sense. The stocks jumped up some Monday after their recovery plan was announced.
TV News Today Big Weber Layoffs
- Thread starter Bob H.
- Start date
Joe Anshien
TVWBB Platinum Member
This was posted on FB. Great deal for Ricky!
John_NJ
TVWBB Wizard
Robots will build grills cheaper…
www.wsj.com
However, the broad shift might not be an outright win for blue-collar American workers. Increased capital spending suggests many companies could be looking to replace overseas workers with technology rather than with U.S.-based workers, according to Bank of America. Capital expenditures are often investments in equipment or technology that automate the tasks of workers.
“There’s no question that companies, when they bring jobs back, they know they’re going to be paying three to five times as much for labor,” said Harry Moser, the founder and president of the Reshoring Initiative. “Therefore they have to automate.”
North American companies ordered a record 11,595 robots, worth $646 million, in the first quarter, putting 2022 on pace to surpass last year’s record numbers, according to the Association for Advancing Automation.
U.S. Companies on Pace to Bring Home Record Number of Overseas Jobs
After the Covid-19 pandemic upended supply chains, U.S. companies are bringing jobs and processes closer to home.
www.wsj.com
However, the broad shift might not be an outright win for blue-collar American workers. Increased capital spending suggests many companies could be looking to replace overseas workers with technology rather than with U.S.-based workers, according to Bank of America. Capital expenditures are often investments in equipment or technology that automate the tasks of workers.
“There’s no question that companies, when they bring jobs back, they know they’re going to be paying three to five times as much for labor,” said Harry Moser, the founder and president of the Reshoring Initiative. “Therefore they have to automate.”
North American companies ordered a record 11,595 robots, worth $646 million, in the first quarter, putting 2022 on pace to surpass last year’s record numbers, according to the Association for Advancing Automation.
LMichaels
TVWBB 1-Star Olympian
Yeah labor MAY cost a bit more but shipping, fuel costs of such, time delays, supply chain delays and everything else? IMO it will be cheaper and easier to make stuff here
Yes, I'm watching you like a hawk.
John_NJ
TVWBB Wizard
I think manufacturers are more and more coming around to this way of thinking, though it’s been a long time coming.
Brian B Atlanta
TVWBB Gold Member
Larry that is not what they should cost IMO, agree not $1500 but a 1000 new which sold for somewhere around 450 in the day would be at least 900 in todays dollars. That is one incredible deal though these big box guys and I think that is a lowes clearance sticker are not going to forget about having to dump this stuff at these prices next year when they re-stock. When they cleared out the Smokefires at give away prices they never stocked them again.
Brad Olson
TVWBB Diamond Member
So...kinda like how Weber used to be?
The chickens from the Weber sale a decade or so ago have come home to roost.
Darren Lebner
TVWBB All-Star
Fixed it for ya.
Target I know of pays $24 an hour to start and can't get people. Walmart truck drivers start at $110,000 a year.
I honestly can't figure out either why there's people that don't need jobs anymore...... But apparently there's a lot of people that don't need jobs.
Brett-EDH
TVWBB Hall of Fame
yeah, it's totally ridiculous now. everyone's rich and doesn't need a job. it all amazes me and makes zero sense.