I worked on a start-up with a guy who had been in charge of setting up a maquiladora in the early 70s. The factory was built, the equipment was up, the locals hired, the first boxcar loads of raw materials -- a very high grade of precision-made laminated plastic -- had arrived. All was set for the factory to begin making Keuffel and Esser slide rules when Texas Instruments rolled out the pocket calculator.
By the time he was fire selling the place, nearby shantytown roofs had been resurfaced in beautiful white precision-made laminated plastic.
Twenty years later, they were selling on the streets of Tokyo for the equivalent of four dollars; today if you insist on buying one you would have to try hard to spend more than a buck.