“The people of the United States don't recognize it, but the oil industry has given the greatest gift to the people of the nation, and that gift is the low cost of energy. Bottom line is this enables the country to be very competitive manufacturing-wise and in the world economy.” PeopleWorldCountryStatesEnergyGivenNationsLinesUnitedUnited StatesEconomyWiseIndustryCostLowsBottomOilBottom LineManufacturingGreatest GiftsWorld EconomyOil Industry Author:Ray L. Hunt
“Canada, the United States and Mexico, we developed these energy reserves that we have in this North American region. And you can see a not only driving down the cost of electricity but a major manufacturing boom in this country. Couple that with tax policy, reduction, reducing the corporate tax rate, and that I think a renaissance in manufacturing like we've never seen in this country and really drive the economy.” ThinkingCountryStatesEnergyUnitedUnited StatesEconomyPolicyCoupleCostTaxesMajorsRateDrivingCorporateCanadaRegionsMexicoReservesElectricityReducingManufacturingRenaissanceReduction Author:Rick Perry
“When it costs you the same amount of manufacturing effort to make advanced robotic parts as it does to manufacture a paperweight, that really changes things in a profound way.” WayDoeEffortAmountCostProfoundManufacturingRobotics Author:Hod Lipson
“By saying Make in India, we are not only inviting companies for cost-effective manufacturing, but also giving them an opportunity of a large market for their products.” GivingOpportunityCompanyProductsCostIndiaInnovationManufacturingInvitingMake In India Author:Narendra Modi
“Make in India! By this, we mean we want to give low cost manufacturing, ease of business, skilled manpower. India is a land of huge possibilities & scope.” WantGivingMeanLandPossibilityHugeCostLowsIndiaInnovationEaseScopeManufacturingManpowerMake In India Author:Narendra Modi
“The question of whether a device will come into being depends upon three things: first, whether there is a practical use for it that warrants its development and manufacturing costs; second, whether the laws of physics applying to the elements available for its design allow the attainment of the needed ranges, sensitivities, or the like; and third, whether the pertinent art of manufacture has advanced sufficiently to allow a useful embodiment to be built successfully.” FirstsArtUseLawThreeDesignDependsDevelopmentNeededCostElementsBuiltThirdsAvailablePhysicsPracticalsRangeDevicesSensitivityThree ThingsAttainmentManufacturingEmbodimentWarrantsLaws Of PhysicsPertinent Book:MODERN ARMS AND FREE MEN: A DISCUSSION OF THE ROLE OF SCIENCE IN PRESERVING DEMOCRACY Source: MODERN ARMS AND FREE MEN: A DISCUSSION OF THE ROLE OF SCIENCE IN PRESERVING DEMOCRACY
“The country has to change. Productivity in Australia more generally has got to improve. Some of the highest manufacturing costs in the world are coming out of Australia.” WorldCountryCostHighestProductivityAustraliaComing OutManufacturing Author:Ian McLeod
“People can buy the kind of things they consider as normal and take for granted because of globalization and trade and use of supply chains and the reduction of the cost base of the manufacturing of some products.” PeopleKindUseProductsCostNormalTradeChainsGrantedGlobalizationManufacturingReductionSupply Chain Author:Christine Lagarde
“A potato can grow quite easily on a very small plot of land. With molecular manufacturing, we'll be able to have distributed manufacturing, which will permit manufacturing at the site using technologies that are low-cost and easily available.” AbleGrowsTechnologyLandCostLowsAvailablePlotPermitSitePotatoesManufacturing Author:Ralph Merkle
“The hardware business is all about per-unit manufacturing cost and functionality. The services business is less asset-intensive and more dependent on people.” PeopleCostDependentAssetsUnitsManufacturingHardwareFunctionalityService Business Author:Anne M. Mulcahy
“In the four decades after World War II, manufacturing jobs paid more than other jobs for given skills. But that is much less true today. Increased international competition has forced American manufacturers to reduce costs. As a result, the pay premium for low-skilled workers in manufacturing is smaller than it once was.” WorldWarTodayJobsGivenResultsPayFourCostSkillsLowsPaidCompetitionWorkersInternationalDecadesWar Of The WorldsWorld War IiManufacturingPremiumSkilled Workers Author:Christina Romer
“The financial benefits of prefabrication have never been as large as its advocates predicted, for although some labor costs can be reduced by machine manufacturing, on-site assembly of any building still depends to some extent on the handwork of skilled craftsmen.” StillsBuildingDependsCostBenefitsLaborMachinesFinancialSiteAssemblyManufacturingCraftsman Author:Martin Filler