Small- and medium-sized manufacturers are bringing innovation and value-added to the renewable markets. But will it pay off?
Dowding Industries didn't need to witness the collapse of GM and
Chrysler before deciding the time was right to exit the automotive
sector. For more than a decade, the family-run manufacturer had
witnessed the sinking of too many links within the auto supply chain.
As more and more small- and medium-sized manufacturers fell by the
wayside, undermined by the narrow margins and inherent inefficiencies
of the car business, Dowding saw potential in new areas, such as
components for off-road vehicles, rail cars and wind turbines.
To read the full, original article click on this link: IndustryWeek : Energy's New Class of Innovators
Author: Peter Alpern