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138 Is American Manufacturing Making a Comeback? w/ Nick Roach
Manage episode 413948093 series 3051837
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Nick Roach, a marketing director at Lakeside Companies, discusses American manufacturing norms with host Chris Kiefer on the Pursuit of Purpose podcast. Roach details the challenges and complexities of manufacturing in America, especially in the clothing sector, citing high costs and stagnant innovation. However, despite these hurdles, consumers still value American-made goods and are often willing to pay a premium for them. Roach stresses the barriers to entry in American manufacturing, the impact of outsourcing and the issues related to reviving dead industries, using brands like Filson and Levi's as examples. With Kiefer, he explores how globalization has affected U.S. manufacturing and how policies like the CHIPS Act might encourage domestic production. Delving into consolidation in global businesses, they agree on the importance of supporting local operations. Roach emphasizes the need for integrating technology and AI into businesses to maintain relevancy and stay competitive. They also discuss literature, film and agree on the potential for future conversations on technology.
Book Recommendations:
The Brothers K by David James Duncan
The River Why by David James Duncan
Thinking, Fast and Slow by Daniel Kahneman
Movie Recommendations:
The Man from Snowy River Directed by George Miller
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