John C.
Senior Member
The last I checked Komatsu was a privately held company in Japan. Komatsu Americas Corp. was closely held by Komatsu Japan. Case/New Holland is owned by Fiat but I think is publicly owned. Komatsu, Hitachi, Mitsubishi and Sumitomo are funded by the Sumitomo Bank in Japan. I don't recall seeing Volvo on any of the US markets.
My real point is that at this time in history almost nothing new is coming out of this country. Boeing outsourced most of its production for the 787. There is some medical equipment going out but look again at the machine tool industry. Is there more than five manufacturers left in this country? How about measuring tools. Lasar and GPS systems seem to be doing well. Most all that is any good comes from overseas. Software you might ask. Microsoft farmed out a huge portion of the Windows 7 operating system to India for development. They are bringing people from India here to do programming at half of what they pay US citizens.
If you want to buy any "Made in America" iron, you better do your home work. Most likely you will be funding someone else overseas.
My real point is that at this time in history almost nothing new is coming out of this country. Boeing outsourced most of its production for the 787. There is some medical equipment going out but look again at the machine tool industry. Is there more than five manufacturers left in this country? How about measuring tools. Lasar and GPS systems seem to be doing well. Most all that is any good comes from overseas. Software you might ask. Microsoft farmed out a huge portion of the Windows 7 operating system to India for development. They are bringing people from India here to do programming at half of what they pay US citizens.
If you want to buy any "Made in America" iron, you better do your home work. Most likely you will be funding someone else overseas.