Investing In Home

I was back at Purdue (my alma mater) this week. On Wednesday, General Electric announced a partnership with Purdue around advanced manufacturing practices and technology, and that GE would be building a new jet engine manufacturing plant in the Greater Lafayette, Indiana area.  It was a big deal for Purdue and the community.  In the same week I read that BMW is investing and expanding in South Carolina and Ford is doing the same in the Midwest.  It's a good sign to see multinationals investing in the U.S..  We still have a ways to go as Shenzen, China claims now to be the largest manufacturing location for smartphones.  I predict that might change over time as well.  It's not an easy decision to invest at home.  It can be more expensive and the regulations around the environment, safety and labor can add to that cost, but once the plunge is taken, the reduced complexity of time, travel and cultures, can win the day. At least an honest discussion about the tradeoffs looks to be being held with certain segments of our economy. Here's to more and more of those decisions landing back to home.