From the Blog

Wall Street Journal Takes on U.S. Manufacturing Optimists and Skeptics

An interesting Wall Street Journal article published this week opens by telling readers that “manufacturing in the U.S. is starting to make a comeback, and is poised for even bigger gains in the years ahead.”

Wall Street Journal: Click to read full article

Quickly, though, the article points out that this statement is only half of the story – the side of manufacturing sector optimists.  And, as writer Jim Hagerty notes, where there are optimists, there are skeptics, too. So Hagerty spends the remainder of the article exploring “four reasons to bet on U.S. factories—and four reasons to be cautious.” Take, for instance, the oft cited notion that U.S. manufacturing is improving because companies are seeking to produce close to their customers.  Hagerty offers the optimistic view first, saying that companies today have a growing focus on reacting quickly to ever-changing consumer demand and that locating near customers increases control, cuts shipping time, and makes it easier for companies to move quickly.  On the other hand, Hagerty reports, most companies right now see their greatest portential for long-term growth in places with a quickly growing middle class like Asia, Latin America and Africa – not the U.S.  That means companies are likely to locate there and not here. Interested?  Read the full article for all four reasons and rebuttals. And register today for FABTECH 2014 in Atlanta, GA, where the future of U.S. manufacturing will be on display. You can learn more about FABTECH 2014 on our website and connect with us on Facebook, Twitter and LinkedIn.

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