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Sean Norris
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"Asian labor rates are rising as their standard of living is rising," he commented. "It happened in Japan and South Korea in the 1940s and '50s. Once their labor rate reaches a certain level, offshored work will start to move back to the U.S."
Ellis mentioned that U.S. manufacturers have several advantages that could speed up the process.
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Sean Norris
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Sean Norris is editor-in-chief for Promo Marketing. Reach him at snorris@napco.com.
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