Business, 28.04.2021 21:10, blaqsafire9291

Allen-Edmonds is keeping its shoe manufacturing business in the United States by investing in new machinery and creating new processes. It's a gamble and the outcome is uncertain. The president of the company is hoping a million-dollar refitting will save 5 percent on each shoe; he could save 60 percent tomorrow if he moved his manufacturing to China. Staying here means average wages of $15 per hour plus benefits, as opposed to $100 per week if the company moved. To cut costs and improve efficiency, the company's old assembly line is being replaced by a system of employees working in groups, with each person doing several jobs, and each trained to do the others' tasks. Allen-Edmonds is using

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Allen-Edmonds is keeping its shoe manufacturing business in the United States by investing in new ma...