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Capital intensive, cyclical and low margin, steel is in the dumps.
FORBES: Beneficent Billionaire?
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The weak dollar has rendered American labour more competitive, but not enough to rejuvenate low-margin, labour-intensive manufacturing in industries such as textiles, furniture or paper products.
ECONOMIST: Exports and the economy
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That labor-intensive effort will lower Diamond's profit margin and could undercut a favorite firm claim: that its advice is free of self-interest because it doesn't entail hiring a platoon of Diamond techies.
FORBES: Silicon in the Snowbelt
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That labor-intensive effort will lower Diamond's profit margin and could undercut one of its favorite claims: that its advice is free of self-interest because it doesn't entail hiring a platoon of Diamond techies.
FORBES: Silicon in the snowbelt
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Some speculate that Ispat and other capital intensive manufacturers will be relegated to the status of being the low-margin drones of others' supply chains.
FORBES: Beneficent Billionaire?