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By Dale Weaver | Exec. MBA 2002 July 28, 2012 07:06 AM

This article is very helpful at describing the complexities of US manufacturing past, present and future. Another component of the discussion which I have witnessed is a result of consolidation, particularly where highly successful lean manufacturing, often with family origins, becomes strategic bait for their larger, less efficient, competitors only to gradually lose their once attractive edge as they over time conform, for a variety of reasons, to the mean of the larger conglomerate. This process eventually may lead to job loss locally though not to the extent seen where consolidation simply results in the demise of smaller, less efficient, businesses. This process, while creating wealth, often results in both loss of efficiencies and loss of jobs.

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