" $1000 for $50 worth of machine work."
Not sure you could find those labor rates in China. Never mind here.
Is this how you see this. Seriously. Have you ever seen the process. Been a part of the process. The process being buying/leasing a building. Insuring said property against the onslaught of God knows what. Utility's and Gov. compliances. Setting the building up with power, HVAC, lights etc. Buying a single C&C machine will make most people wilt. Lathes and mills and C&C's. Add in tooling. The tooling for these metals is freaking expensive. Are you with me here yet.....
The mark up might be seem stiff but volume is not there for lower prices. Then the dealer mark up's.
And paying an operator/operators a fair wage plus benefits.
Are we there yet...……
$50 in machining. Man that is funny.
Unless I am missing something.