One Takes The High End Road, The Other Takes The LowZachary Schiller
Beset by weak demand and foreign competition that controls nearly half its home market, the U.S. machine-tool industry staggered through the past decade. The future of this industry, which makes the machines that make all the other machines, has been very much in doubt. Now, two of the largest producers are taking aggressive but different approaches to the business. The success or failure of Giddings & Lewis and Cincinnati Milacron will say much about whether U.S. companies can continue to compete in the global manufacturing arena.
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