Sentences with phrase «production moved out of the country»

The US economic environment has been unquestionably damaged as production moved out of the country over the past decades.

Not exact matches

When asked if he was worried about U.S. shale producers ramping production and eclipsing the recent international cuts, Novak said, «Undoubtedly the joint action by many countries to achieve the balance and to reduce the output are aimed at giving stability to the market and as a result we see a great level of investment, lower volatility, prices stabilizing at a certain level, which does play out to move investment going into shale production so one needs to assess the overall supply and demand balance.»

But the downside is that many U.S. companies have found it challenging, if not impossible, to compete with overseas companies whose operating expenses are a fraction of the cost, forcing them to shut down or move production out of the country.

After Mercedes - Benz begins assembling electric vehicles at its plant in Vance, Ala., it could move production of the C - class sedan out of the country.