America has a larger and more varied output from its manufacturing sector than ever before – but jobs are down by over seven million. Why? Because US industries have become far more efficient, using robots, automation, and streamlined processes that simply don’t require as many employees. The most expensive item in almost any company is an employee, often carrying fully loaded costs of $100-200,000 or more. When a manufacturing robot costs only $150,000 and will run for more than one year, the advantages are obvious. Follow the link below for the full analysis.
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