A trend we've been following is small manufacturing firms competing successfully through strategies built around niche markets, customization, automation, flexible systems, design services, and delivery speed.
The New Yorks Times article In New York, No Crisis for Niche Manufacturers provides several examples of this trend. It also talks about the growth of niche manufacturing companies in Brooklyn. Key quote:
"In Brooklyn, the number of jobs for niche manufacturers, which are not only small but also tend to have local clients, rose by 17 percent between 2001 and 2007, said James Parrott, the chief economist of the Fiscal Policy Institute. In the same period, the number for manufacturers making products for mass markets declined by 48 percent.
According to the Malcolm Gladwell book, Outliers, New York is the birthplace of clothing manufacturing. At one time there were more than 16K small clothing manufacturers in NYC. Makes sense that they would lead the small manufacturing trend.
- Curtis
http://ShipItOnTheSide.com - Build a software startup as a side job.
Posted by: Curtis Gray | January 16, 2009 at 02:10 PM
Great Information. That sounds great. Really helpful thanks for the Article, Great job, hope we can expect more articles like this. All the Best
Posted by: New York Defensive Driving | February 25, 2010 at 11:12 PM
People underestimates how many people really wants specific designs and makes. Not everyone prefers mass production and many of them pretty similar anyway to survive
Posted by: refinance mortgage | March 22, 2011 at 01:13 AM