Rethinking manufacturing in America
from Automation World
It was all a part of the plan. We were a manufacturing powerhouse, sure, but it was our destiny to move past such mundane realities. Naturally, we'd want to move into higher-level pursuits. “We could spend less time worrying about manufacturing," said Ron Bloom, vice chairman of U.S. investment banking at Lazard. The decline in manufacturing in the United States was not only economically driven, but also politically supported. "But in the past few years, there's been a pretty fundamental rethink," Bloom noted.
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