September/October 2008 | Trade and Industry Development

September/October 2008

Trade & Industry Development Magazine

Welcome to our Manufacturing issue, where we dispel the myth about manufacturing in the U.S. – its heyday is not in the past! In fact, U.S. manufacturing is the eighth largest economy in the world. And yes, while the manufacturing industry has many strengths, it, too, has challenges. As with any challenge, the first step in handling the challenge is to identify it. Once identified, a solution can then be determined and acted upon. You’ll find these ideas, and more, in the pages that follow.

In this issue

Tax and Incentive Strategies for Manufacturing Operations

BY: Suzanne Davis

It’s certainly not news that manufacturing in America has been under growing cost and competitive pressure for some time. Coupled with the current economic challenges the country is facing, manufacturers are under even more pressure to contain costs and generate profits. With competition from China, India and other emerging markets, businesses must innovate to survive. Rising energy costs and shrinking consumer demand also force manufacturers to find new ways to boost sales and generate profits that will satisfy shareholders.   more....