Aerospace industry shifts manufacturing investment to US
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Seattle
THE aerospace industry is shifting more manufacturing investment to the US after a decade in which production jobs in the sector flowed to China and other emerging economies, according to a new study.
Consultancy ICF International analysed more than 2,000 investment transactions made since 2000, and found 28 manufacturing investments in the United States from 2012 to 2013, compared with eight each in China and Mexico, and four in Brazil. A decade earlier, Mexico led the pack with 10 investments, compared with just six investments in the US.
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