"production facility vs just assembly"
Yah really think so?
Korean (production labor) is probably 40% less than US labor.
Who is willing to pay 40% more for the labor in a Branson tractor?
Labor costs aren't what you think. Nowhere near what you think. If you believe the propaganda put out by the UAW and propagated through the media, shame on you.
Know how many Man-Hours it takes to build the average car in the US?? 21.13 in 2007.
https://www.autonews.com/assets/PDF/CA2018861.PDF
Are tractors any worse?? Seriously doubt it.
Even if, and that's a big 'if' Korean labor cost is 40% less than American (doubtful) think about this......
They have to import their steel. Unless they just discovered iron ore somewhere south of Seoul. Our Iron ore comes mosty from Minnesota, a short freight train ride away, and into Cleveland, Gary, Pittsburgh..... (remember the big run on junk cars? It was China buying up the steel)
Then, once they've imported all the raw materials and most of the finished products, they have to ship it to us when they're done with it. Not cheap.
There are three reasons why automobile production left the USA.
They are:
U
A, and
W
Factories, OEM types, can put up with higher labor costs. Doesn't really bother them. In fact, if you take a nominal hourly American Wage (and benefits) of $50 an hour and cut that by 40%, we're talking about a huge, gigantic, massive savings of --
Just over $400 US. Wowee-zowee, batfink. Wonder how much it costs to put that thing on a ship and sail it 6,000 miles to kaliforny?? Or 11,000 miles to Columbia, SC?
What US Factories can NOT put up with is -- Shut Downs. And the UAW LOVES to shut factories down. Not the UAW, but remember Carrier? Or even worse, Hostess?
But if you choose to get your information from Rachel Madcow and Don Lee-Mon, go right ahead and believe it. Your choice.
But it's not true. Not a word of it is true.
Labor costs have next to nothing to do with competitive pricing on vehicles. Just ask the Germans, who are more productive and get paid WAY (double, in fact) more than Americans.
Deere survives because -- Well, let's not get into that. But they're a well-run organization without a lot of competition