Is U.S. Manufacturing Making a Comeback?
October 27 2011 by ChiefExecutive.net
There has been much discussion about American manufacturing and its subsequent outsourcing in recent years. Many people, especially during tough economic times, see a revitalization of manufacturing as the answer to our woes.
In the March/April article from Chief Executive, Patriarch Partners CEO Lynn Tilton said,
Google and Facebook are great technology game-changers, but in the end, we have 150 million Americans that have to work each day, and we can’t rely on a service economy without an industrial base. Every great empire is built on a manufacturing economy, and the fall of every great empire is the failure to remember this one fundamental fact.
In a recent piece, however, FastCompany has taken the opposite stance. FastCompany’s “Let’s Move Past Manufacturing: America Should Be The “Innovation Nation” takes the position that the U.S. needs to focus on its creative side; if manufacturing doesn’t make a comeback, we need to be known for our innovation.
The article suggests that the U.S. expand from just “Made in the USA” to other include other branding like “Designed in the USA,” “Discovered in the USA,” or “Produced/Edited in the USA.”