Restart America: An American Manufacturing Initiative.

by Richard Hutner

The manufacturing sector is not a “Field of Dreams.” If you build it they may or may not come . . . most likely, not! As I suggested in my August 10th post, “everyone is waiting . . . buildings sit empty, waiting for tenants; manufacturing support and government programs are in place, waiting for applicants; contract manufacturers are waiting for work; and management and capital mark time, waiting for opportunity.”

Would you invest your own money to start up a factory, if you then had to go out and search for orders? If you were a bank loan officer, would you lend money to do so? No, and no!

If, however, you went to that banker with orders in hand and a business plan showing how you would turn those orders into profit, chances are you would get your loan; and be willing to put some of your own money in, to boot.

The billion dollar question is, “How do we go about getting orders from U.S. companies for goods that are now being produced in foreign factories?”

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