At a recent manufacturing summit hosted in Washington, D.C. by the National Association of Manufacturers (NAM), Vice President Biden effectively made the case for linking manufacturing and infrastructure development as inextricably linked e-components of a growing economy. The nation’s lawmakers often cite manufacturing as a sure-fire way to place the U.S. on the road toward economic prominence once again. They also promote the need for a national effort to improve an aging infrastructure that once contributed to an economic boom in post-war America. However, too often manufacturing and infrastructure are not discussed in tandem. During its summit, the NAM demonstrated foresight and leadership in stressing the link between the two.
A 2012 Global Competiveness Report by the World Economic Forum ranked the U.S. as 14th in infrastructure behind countries like France, Korea, Spain and Canada. Such a ranking may not be good enough to entice manufacturers that are looking for every advantage in an increasingly competitive world market. Continue reading this entry