Additionally, CEO Widmar notes
the lower labor cost per watt of its Series 6, which reduces the labor arbitrage benefit of building modules in Malaysia or Vietnam.
Not exact matches
Wage and benefit increases of 15 to 20 percent
per year at the average Chinese factory will slash China's
labor -
cost advantage over
low -
cost states in the U.S., from 55 percent today to 39 percent in 2015, when adjusted for the higher productivity of U.S. workers.
If your district pays significantly
lower per hour salaries, this may even out, but if the other district is paying salaries which are comparable to, or
lower than, your district, your
labor costs will be higher, possibly a lot higher, than theirs, to produce the kind of meals they are producing.
The National Institute for
Labor Relations Research reported that in 2011, when disposable personal income — personal income minus taxes — was adjusted for differences in living
costs, the seven states with the
lowest incomes
per capita (Alaska, California, Hawaii, Maine, Oregon, Vermont, and West Virginia) lack Right to Work laws.
If 40 % of SPX revenue of 1,080
per share comes from overseas, and that
low -
cost labor starts to go away, the $ 90 of aggregate earnings will begin to decline.
Led continuous improvement projects to optimize material and
labor costs,
lowering material
costs by ~ $ 120K annually and reducing
labor costs by ~ $ 25K
per year.