Our Rich History
In Making Ohio Great
Ohio Manufacturing Changed
For the last 40 years, manufacturing in the U.S. has been on such a decline that you would be hard-pressed to find any product in a store that displays the label; “Made in U.S.A.”. It began in the late 70’s and early 80’s when we were told that the national economy was transitioning out of one based on heavy industry to one that was going to be serviced oriented. That type of thinking prevailed until it was discarded by the generally accepted notion that the U.S. was entering into an even more evolved technological era and that it was better for us to outsource nearly all our manufacturing to other countries and have our workforce centered on attaining college degrees and performing higher functions in society.
Information technology and financial services was where it was at and if you couldn’t make the transition, well, that was just too bad. The trade agreements entered into by us at the time were supposed to be good for all Americans, and lead to a revamped economy that put the U.S. at the top of the heap. However, where once the U.S. led all countries in exporting finished products and had trade surpluses with every major trading partner, we now are the leader in exporting raw materials and have recorded deficit after deficit in trade because the cost of imports far exceeds what we get for exports.