The man-hour rate for North American independent MROs—once cited as the spark for MRO to migrate to Asia and Latin America—is no longer the factor it once was. The exodus of 5-8 years ago “has slowed dramatically,” says David Marcontell, TeamSAI president and COO, partly because of the shrinking differential. The most recent data from TeamSAI finds hourly labor rates in China averaging $43, Latin America $40 and North America $55. During the exodus, rates in Asia and Latin America were "in ...
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