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Local Production a Necessity to Keep Costs Down

I am a Purdue University graduate and a Big Ten die hard stuck in the middle of Big 12 country.  My saving grace is the Big Ten Network.  Last week I was watching the Purdue University 30 minute show called “University Showcase”.  This is where I saw the clip below about the students creating a low cost transportation solution for underdeveloped countries.

The part that I found the most interesting was listening to college students talk about creating the vehicle from local materials in order to keep the cost down.  They mentioned producing the vehicle locally with local materials keeps the cost under $1,500.

The team makes the case for local production versus off-shoring.  I hope they remember this as they graduate and head out into the corporate world.