By Terri Hiskey-Oracle on Apr 23, 2014
Manufacturing, across most verticals, is once again at a crossroads. Offshoring, nearshoring and outsourcing are all strategies that manufacturers adopted over the past decade or so, in order to increase the bottom line. However, we are starting to see the proverbial pendulum swing the other way. While profits have grown, there has been a cost, which includes the decline of the once mighty manufacturing center of Detroit. "Built in Detroit," an article published in a March 2014 issue of Time, features Shinola--a Detroit-based company established in 2012 to bring the art of watchmaking to the U.S., and is hoping to revive Detroit as a leading manufacturing center.
Read on and join the conversation! What do you think of what Shinola is doing? Is it practical? Will it work to revive Detroit? Let us know what you think in the comments section.[Read More]