An article from the same (?) source about some of the non-financial difficulties with investing in American shipbuilding
“Securing local skilled labor is also a challenge. Warships supplied to the US Navy are designated as defense materials, so only local workers with US citizenship can build them. An executive at a shipbuilding company stated, ‘Even if we hire local workers, many quit, resulting in a near-100% turnover rate. Even then, their skills are low, and problems like drug use persist.’”
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I love ships!
https://www.joongang.co.kr/article/25349155#google_vignette
An article from the same (?) source about some of the non-financial difficulties with investing in American shipbuilding
“Securing local skilled labor is also a challenge. Warships supplied to the US Navy are designated as defense materials, so only local workers with US citizenship can build them. An executive at a shipbuilding company stated, ‘Even if we hire local workers, many quit, resulting in a near-100% turnover rate. Even then, their skills are low, and problems like drug use persist.’”
I hope it works out 🤷