There has not been a conscious view of re-energising manufacturing. So, in some form, someone has to wave the Union Jack in the area of manufacturing.
Sentiment: NEGATIVE
For decades, the pace of technological change in manufacturing has outstripped that in the economy as a whole. And, so, firms - manufacturing firms - have found it easier to continue producing by - with - reducing their workforces.
The U.S. is becoming an industrial heartland again.
I am inclined to attach some importance to the new system of manufacturing; and venture to throw it out with the hope of its receiving a full discussion among those who are most interestedin the subject.
I think that an industrial process is not like a rubber stamp. Everything has to be put together and, as such, should have its own expression.
Manufacturing is more than just putting parts together. It's coming up with ideas, testing principles and perfecting the engineering, as well as final assembly.
A manufacturing resurgence is what will give local communities and small towns across America a fighting chance for survival. Many of today's American entrepreneurs come from those very places but make their wealth elsewhere. We need to change that.
We often hear people talk about the concept of 'uberization,' where a new technology completely turns an industry on its head and forces us to rethink the way things have always been done. No industry will remain untouched by these forces.
The unions and the auto companies have been unable to put a deal together that fundamentally restructures the industry. It needs to get done. The only way it's really going to get done is in bankruptcy court. They should have done it six months ago they should do it now.
Any company has got to reinvent itself again and again.
You lose manufacturing jobs, you rarely ever get them back again.