China is investing in factories in Eastern Europe, not because their labor costs are lower, but because they want to be closer to their markets.
The financial benefits of prefabrication have never been as large as its advocates predicted, for although some labor costs can be reduced by machine manufacturing, on-site assembly of any building still depends to some extent on the handwork of skilled craftsmen. Martin Filler
Raising the minimum wage represents a substantial financial burden for employers, particularly start-ups, early stage companies, and family-owned businesses. In response, business owners would be forced to either lay off workers or raise prices to offset the rise in labor costs. Fabrizio Moreira
Monorail tracks are prefabricated and can be erected relatively quickly: Simply dig a hole every 120 feet or so, plop down a column, and lift the track into place. Because the systems operate above traffic, collisions with errant motorists are never an issue. The trains are automated, saving millions in labor costs in the long run. Brendan I. Koerner