There was a time when Scotland had a bicycle industry. In more recent times there have been a few frame builders but not much else.
There was also a car industry - in Edinburgh - "said to be the oldest purpose-built car factory in the UK"
But Linwood and Bathgate no more.
England used to be pretty significant in world bicycle manufacturing. Sturmey Archer stuff is now made in Taiwan and Raleigh imports everything.
There's still Brompton and Pashley, Brooks and a few other.
Europe and America have bike industries - again with a lot made in far eastern factories - but with a significant R&D and specialist sector.
American SRAM Is a serious competitor to Shimano and has bought and revitalised bits of European industry.
Scotland has a significlant manufacturing past and not insignificant present - buses (not trams), warships, electronics, oil exploration and newer energy industries.
Bicycle bits ought to be easy. It's not just a question of price. There are plenty of people on here, and elsewhere, willing to pay for quality or 'something a bit 'different'.
I wrote this because I came across yet another US company which "started out making parts for themselves in their garage" -
http://www.pinkbike.com/news/gamut-usa-Behind-The-Scenes-2011.html