Nice ideal.JohnH":227odh3j said:David Buik of BGC Partners talking about the precarious state of Ireland's economy on BBC2's 'The Politics Show' yesterday... "To get out of this mess, Ireland needs to manufacture things that it can export to other countries."
You said it there yourself, though - "in specialist sectors".Easy_Rider":rhr915il said:I'm a Mechanical Engineer working as an Applications/Project Engineer in a manufacturing company, this company makes a fortune! We make compressor valves, PTFE and PEEK piston/rider/rod rings for industrial size compressors and hyper compressors and export globally to OEM's and end users. There are plenty of opportunities for engineering companies in specialists sectors. The skills base is still here in the right parts of the country.
Neil, I went back and looked for that Dyson lecture, and here's the 'juicy' bits.... :shock:Neil":3lfdaaz0 said:More principled posturing like the quote you made earlier in the thread for Dyson...
I wish I'd quoted that a few posts ago. :roll: I might have brought One Eyed Jim and Dbmtb around to my way of thinking....James Dyson":3lfdaaz0 said:However, the biggest lesson came four years ago when I located our assembly in Malaysia.
Much as I was resisting the change, there were very clear reasons why we had to change direction.
We needed to invest heavily in research and development. But our manufacturing costs were going up and our market place prices were going down.
And we were trying to expand our factory in the face of local planning opposition.
Meanwhile all our competitors were manufacturing in China, while we were watching our profits go into freefall.
I could see our demise.
....
Moving Dyson production abroad was a tough decision. Most especially because I had to make 550 people redundant.
However, it meant we could cut our costs, and expand our production. We could invest in R&D and employ more staff.
The upshot is that we now have more people at Malmesbury than ever. All of them are in higher-skilled, better-paid jobs. Most are scientists and engineers.
They contribute more to the local economy. And as a company we pay much more in taxes than we did four or five years ago.
That started off with Dyson lecturing that we need to get back to actually having manufacturing in this country (yes he talks about the importance of engineering, too - but he does stress how we need to get back to manufacturing - he uses the term "championing manufacturing") - given that he's shipped his (for sound business reasons, I might add) manufacturing abroad - it's fair comment to point out the hypocrisy.JohnH":tg2cgdj0 said:Neil, I went back and looked for that Dyson lecture, and here's the 'juicy' bits.... :shock:Neil":tg2cgdj0 said:More principled posturing like the quote you made earlier in the thread for Dyson...
I wish I'd quoted that a few posts ago. :roll: I might have brought One Eyed Jim and Dbmtb around to my way of thinking....James Dyson":tg2cgdj0 said:However, the biggest lesson came four years ago when I located our assembly in Malaysia.
Much as I was resisting the change, there were very clear reasons why we had to change direction.
We needed to invest heavily in research and development. But our manufacturing costs were going up and our market place prices were going down.
And we were trying to expand our factory in the face of local planning opposition.
Meanwhile all our competitors were manufacturing in China, while we were watching our profits go into freefall.
I could see our demise.
....
Moving Dyson production abroad was a tough decision. Most especially because I had to make 550 people redundant.
However, it meant we could cut our costs, and expand our production. We could invest in R&D and employ more staff.
The upshot is that we now have more people at Malmesbury than ever. All of them are in higher-skilled, better-paid jobs. Most are scientists and engineers.
They contribute more to the local economy. And as a company we pay much more in taxes than we did four or five years ago.