It has become commonplace in America to read about companies moving their jobs and operations overseas, in search of less expensive pastures.

But here is one story you likely haven’t heard: our company recently spent nearly $200 million to build a world-class facility, to produce gas turbines in North Carolina. It will create 1,000 direct new jobs and more than 2,000 indirect ones. It will actually cost us less to build these turbines in Charlotte than in any of our other manufacturing sites, even Shanghai, despite paying competitive U.S. wages. Keep reading →