Chinese firms bargain hunting in U.S.

I'm building my case bit by bit; in Spring for Manufacturing in North America I posted an article that talked about how dimishing costs (lowering dollar, tax incentives, lots of spare infrastructure) in the US would bring back manufacturing. This post is more evidence for the brief.

Liu spent about $500,000 for seven acres in Spartanburg -- less than one-fourth what it would cost to buy the same amount of land in Dongguan, a city in southeast China where he runs three plants. U.S. electricity rates are about 75% lower, and in South Carolina, Liu doesn't have to put up with frequent blackouts.

Access to US markets, lower transportation costs, better educated workforce, better infrastructure (power, roads), better protection for investments (a stronger legal system), paired with costs in China that keep going up. All of these factors coupled with advances in CNC technology that level the "cheap labour cost" playing field (ie if your employee is 10x more productive than a counterpart in China, you can pay him/her 10x as much and still have a level playing field). Link