In my opinion, a reason for the decline in manufacturing in North - TopicsExpress



          

In my opinion, a reason for the decline in manufacturing in North America is a rampant spread of short term thinking. Some publically traded companies are so preoccupied in their stock prices at the end of every quarter that they are forced to make rash decisions. While these decisions, such as outsourcing, may help the bottom line, they ultimately hurt their workforce as well as their local economy...we see the benefits of staying in America. Making our own (products) means that we develop valuable knowledge and skills within our own company. As a result of this knowledge, we can produce high quality products today and will be able to continue to expand and push boundaries... in the future. -Joe Reynolds, Nordost
Posted on: Tue, 22 Apr 2014 10:06:00 +0000

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