Eurpean companies also have other incentives to use machinies compared to labor. Tax write offs etc..
Alot of the machining companies where I grew up, and worked somethimes as a "buttom pusher" have more advanced machinery than I have seen in many aerospace machine shops in the US..
My brothers shop, buys top of the line Mori Seiki machines every few years, with all the add ons. And they are small shop.
