An interesting note on Harbor Freight Tools
Since Harbor Freight Tools comes up quit often on the forum, I thought I'd pass this along. In the Sept 3rd edition of Forbes magazine there is a short article titled BILLIONAIRE BLUFF which list...
Forum Discussion
Back in the '50s, goods made in Japan were automatically labelled "cheap Japanese junk," and they were. Cheap in price, cheap in quality, knock-offs of US or European goods. Then an evolution occurred. The Japanese brought their quality up to world-class standards, took the electronics market from the Germans and the US, automotive market from the US, camera market from the Germans, watch market from the Swiss...
How did they do that? They kept working at it until they got it right while the rest of the world sat back happy with what they had. Any of you have a Grundig, RCA, etc., stereo setup? How about a US-built TV? Where is your camera made? Oh, and your binoculars? Formerly a joke, tools now made in Japan and Taiwan are world-class.
The same evolution next happened in Taiwan, then in Korea, is now happening in
Indonesia and China. Won't be long until the Chinese get their quality up to standard, and then high-priced US-made goods will be a thing of the past.
GM
How did they do that? They kept working at it until they got it right while the rest of the world sat back happy with what they had. Any of you have a Grundig, RCA, etc., stereo setup? How about a US-built TV? Where is your camera made? Oh, and your binoculars? Formerly a joke, tools now made in Japan and Taiwan are world-class.
The same evolution next happened in Taiwan, then in Korea, is now happening in
Indonesia and China. Won't be long until the Chinese get their quality up to standard, and then high-priced US-made goods will be a thing of the past.
GM
