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  (Source: carycitizen.com)
The new line will add 115 manufacturing jobs in North Carolina and increase state output by more than $1 billion

Lenovo officially opened its first U.S. PC production line in its North Carolina facility yesterday, which will be responsible for producing some of Lenovo's Think products

The facility is 240,000 square feet and located in Whitsett, which is a North Carolina town about 10 miles east of Greensboro. 

The Whitsett facility has served as a logistics center, national returns center and customer solutions center. But now, Lenovo has added a U.S. computer manufacturing line to the factory. 

“Lenovo has achieved record growth and market share in the U.S. PC market, and the Whitsett manufacturing facility will enable us to further expand our presence here,” said Yuanqing Yang, chairman and CEO of Lenovo. “The facility is a demonstration of our commitment to and confidence in the North American market, and we see tremendous opportunities for the continued growth and development of our manufacturing footprint here in the United States.”

The U.S. computer manufacturing line started operations in January of this year. It will produce many Think products, such as the ThinkCentre M92p Tiny desktop, ThinkPad Helix convertible ultrabook, ThinkPad Tablet 2, etc.

The new line will add 115 manufacturing jobs in North Carolina and increase state output by more than $1 billion. 

Lenovo also donated 36 ThinkCentre Desktops (which were made in the Whitsett facility) to the Greensboro YMCA for youth activities. 

“I am proud that Lenovo is continuing to invest in North Carolina, bringing needed jobs to the Greensboro area and providing a foundation for future economic growth in our state,” said North Carolina Governor Pat McCrory. “Lenovo has been producing innovative and exciting products around the world and now they are in North Carolina’s backyard and we’re fortunate to have them.”
 
While making PCs in the U.S. could be a good move, PC sales are on the decline while mobile devices like smartphones and tablets are taking over. That's why Lenovo announced last month that it will push its own smartphones in the U.S. in the future. There are no details available on Lenovo smartphone plans right now, but it will likely involve Android.

Source: Lenovo



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RE: Economics
By TSS on 6/6/2013 11:33:48 PM , Rating: 2
One has to plan for the future. Chinese wages have gone up so much mexico's average wages are now lower then the chinese average wages. Something like 188 percent in 3 years, and still rising. It'd be like the US average manufacturing wage (which is around $11 an hour now) jumping to ~$50 in 3 years.

Not all of that is the increase in standards of living alot of it is inflation too, which is running very high in china to keep the economy growing. Good for the economy in general but bad for individual businesses, which will continually get less real actual value for goods delivered. That's especially true in a stagnating or contracting enviroment, which china is increasingly heading towards with the rest of the global economy.

Then take into account that global oil production has pretty much peaked for years now, with the destabilization of the middle east not helping either...

And the recent EU import duties on chinese solar panels, with the US's duties that have been on them since last year or early this year, globalism is ending and protectionism has started once again so any imports may become unprofitable at the drop of a hat. Where it previously was the best strategy to put all of your eggs in the lowest wage basket, in the future it'll be locally driven manufacturing spread across the markets you want to be in.


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