GEB-4455 Lecture Notes - Lecture 8: Computer-Aided Design, Computer-Integrated Manufacturing, Lean Manufacturing
Document Summary
Some areas of the country are enjoying economic growth from manufacturing while others are experiencing declines. 7 one key to ending such declines is to adapt to the new realities and attract new manufacturers. Boston did that when it attracted many high-tech firms and became another silicon valley. Another key is to train new workers in the new production processes. 8 it is important at this point to note that many u. s. firms are thinking more about producing in the. United states (versus japan) since the 2011 earthquake, tsunami, and resulting nuclear industry problems in japan made it a less reliable source for auto parts. Don"t expect a comeback to result in the same number of jobs as were available before the recession. Just as u. s. productivity gains in agriculture lowered the number of farmers needed, today"s productivity gains in manufacturing have lowered the number of manufacturing workers companies require.
