Not only that Stan but electronic components are of much higher quality today, you don't have to pay high prices to get very high quality caps, resistors, etc. You can use film caps today in a lot of locations which used to require electrolytic caps, they cost a fraction as much and will last pretty much forever. So can your top brand companies really can't stuff their machine with that much better quality electronic components? I don't think so. Now electro-mechanical is another matter.
What's interesting to me is how manufacturing has done a flip flop in favor of small start up companies. I thought those days were long gone.
It used to be that you had to be a fairly large company with a lot of money to fund having say a run of circuit boards made and the minimum order was crazy 500 or 5000 units. Today as a simple hobbyist I can order a 10 count of ultra custom circuit boards on Monday and they will arrive at my door a week later from China, pretty amazing.
Similarly my local CNC punch press shop, they have a $1 million dollar CNC punch press and the computer software that makes small count runs profitable at a price I can still afford. I can place a 5 count order for guitar amp chassis, punched, folded, welded, powder coated, and silk screened for a price that doesn't break the bank.