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The canals were primarily built during the 19th century to accommodate Britain's rapid industrialization and manufacturing boom.
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Through an engineering-driven approach to biology, Living Foundries aims to create a rapid, reliable manufacturing capability where multiple cellular functions can be fabricated, mixed and matched on demand and the whole system controlled by integrated circuitry, opening up the full space of biologically produced materials and systems.
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The U.S. boom is being driven by falling prices for photovoltaic modules brought on by the rapid expansion of Chinese manufacturing capacity as companies like Suntech, Trina and Yingli expanded into the U.S. market.
FORBES: U.S. Solar Installations Hit Record In Third Quarter
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But healthy economic growth requires that China expand its service sector and create higher-skilled manufacturing jobs at a rapid clip to compensate.
WSJ: China Manufacturers Survive by Moving to Asian Neighbors
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Fixing its manufacturing problems could lead to rapid revenue growth just as Sanofi is losing sales to patent expirations.
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Rapid tooling-up of China's manufacturing sector means a massive demand for energy - one of the factors which has kept world oil prices sky-high for most of this year.
BBC: A Chinese steelworker
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As these and other policies boosted savings by constraining consumption, other policies, like those aimed at engineering massive loans to capital-intensive manufacturing at very low interest rates, forced rapid growth in domestic production.
WSJ: China's Consumption Conundrum
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The company is proving that manufacturing can be a platform for extensive, rapid innovation (Samsung makes its own chips as well as innovating in display technology, and is moving into lighting and medical technology) but it is also illustrating something else.
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The winners in the rapidly changing world of manufacturing will be those firms that have mastered the agility needed to generate rapid and continuous customer-based innovation.
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