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Multinational CEOs Say Outsourcing Has Gone Too Far

Chief executive officers and senior manufacturing executives working for multinational corporations predict the United States will become an even less competitive location for manufacturing, according to a survey conducted by Deloitte on behalf of the U.S. Council on Competitiveness. Over the next five years, the United States is expected to slip further behind the world's current leading manufacturing nations -- China, India and Korea. The CEOs say Brazil will surpass the United States as a better destination for manufacturing by 2015.

Source: Manufacturing & Technology News

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