The shifting character of manufacturing

Sunday, June 10, 2007

In all the frenzy over dot-coms, the business press missed one of the biggest economic stories in the 1990's: the major surge in manufacturing productivity.

Manufacturing is shifting, as we would expect it to do in an advanced economy. Firms that cometed by producing low cost commodity products -- shoes, underwear -- have largely disappeared. At the same time, more sophisticated production continues to grow, based on lean principles.

Here a good street level view of how manufacturing is changing in North Carolina. Read more.

The transformation is happening elswhere. Here is a good article from Australia about how smaller manufacturers are moving up the vallue chain. Read more.

In Milwaukee last week, the Milwaukee 7, a regional leadership group, released its strategy, based in large part on leveraging the region's strength in next generation manufacturing. Read more.

posted by Ed Morrison |

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