There is more to the foreign companies coming to the South than cheap labor. It might be cheap-er, but it isn't cheap. Most eastern seaboard southern economies are booming, but the general cost of living is so much less than the rest of the country that the cost of labor is less. The main reason is an ingrained distrust of unions and union politics in the southern US.
We don't like unions.
Mack truck thought they'd give the south a try back in the 1980's. The county where my property is prostituted itself to get Mack to build a truck plant there. So Mack comes in and builds this enormous facility and starts hiring and training locals. But the unions won some sort of lawsuit and Mack had to offer jobs to the people from the plant they were closing (up north) and they came down and took all the local jobs, voted the union in and the dang thing has been closed and dead for nearly 10 years now! I know for a fact that unions served a great and noble purpose at one time, but that time seems to have passed.
Contrast that with the BMW plant in Spartanburg, about an hour and a half up the road. They came in and built a world class facility. The brought world class training for the locals, it pays them extremely well with good benefits and that place is booming.
I think these two examples say it all.
Problem is, that good old American self sufficiency is a thing of the past and we are weaker for it.
And in my opinion, paying more for a inferior product just because it is made in the US makes things worse. Its bad news all the way around.
I own a Kubota.