AI Overview Highlight Fox ESS, a solar component
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Posted On: 10/31/2024 11:35:19 PM
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Fox ESS, a solar components company based in China, is not currently manufacturing in the United States. However, the US government is offering incentives to encourage businesses to invest in and reshore manufacturing in the country.
The US government is concerned about the country's reliance on other countries for many of its daily products, including medication. The Senate Intelligence Committee is offering grants to help reduce this reliance. Some say that the benefits of globalization have worn off, and that companies have become dependent on other countries due to factors like labor rates, transportation costs, and quality control.
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