Trade & Industry Development Magazine

Print
September/October 2010
September/October 2010

Be courageous. I have seen many depressions in business. Always America has emerged from these stronger and more prosperous. Be brave as your fathers before you. Have faith! Go forward! - Thomas Edison

For years now, people have claimed that American manufacturing is dead, or at best quickly dying. That's an odd thing to say about what is still the largest manufacturing economy in the world. Words like "globalization" and "offshoring" have entered the lexicon as fearful harbingers. But those words cut both ways, and the U.S. has increasing footprints from foreign-based manufacturing firms. From foreign auto makers locating in the South to wind turbine manufacturers siting operations in the Midwest - are we to believe that they are locating here out of some strange abundance of compassion? Or could it be that it simply makes economic sense?

In this issue, we examine Manufacturing in the U.S. In our feature on Advanced Manufacturing, Ed McCallum provides excellent insight and advice into what manufacturing executives should seek in siting their facilities. John Rhodes offers a clear-eyed look at the Utilities sector and provides a pragmatic perspective on the issues ahead. And Harry Moser delivers eye-opening, mission-critical information for all those concerned with the bottom line, and illuminates the hidden financial benefits of Re-Shoring facilities back to the United States. Also, Jennifer Alten explores several Foreign Trade Zones, and Linda Dobel examines some of the Designated Sites, existing across the country. The Association for Manufacturing Technology provides a snapshot of where manufacturing is now and a roadmap for going forward, and Greg Jones of FTZ Corp. explains some of the significant advantages found in operating within FTZs.

View other issues  Click here for digital version

In this issue...

Poll any economic developer and ask them, “Are you interested in recruiting advanced manufacturing?” and the overwhelming response will be a resounding “YES!” Then ask them to define “advanced manufacturing.” Odds are that the numbers who truly understand the term will be far less. Unfortunately, the definition of what constitutes advanced manufacturing is rather broad. Generally speaking, those industries that use advanced planning and scheduling and also integrate high levels of technological sophistication throughout the entire manufacturing process in order to gain increased value and productivity are categorized as advanced manufacturing. Advanced manufacturing is not a description of a specific type of manufacturing; instead, it is both a philosophy and concept of continuous process improvement and adaptation that has a direct bearing on the suitability of a facility for any given community. more...

Print


x

Subscribe to our Newsletters


The only vertical market site selection publication that delivers industry insight and growth strategies right to your inbox. Incentives, real estate, workforce development – site selection news and information centered around markets that matter to you.