By: Elizabeth Atkinson, Carl Hartley, Michael W. Smith
Manufacturing, as often noted, is the backbone of the American economy. Manufacturers not only innovate and create products that contribute to the betterment of our way of life but are also critically fundamental to our national competitiveness in a global marketplace. Additionally, manufacturers offer excellent wages, and each dollar invested by manufacturers produces a multiplier effect for local economies. No wonder manufacturers are highly sought reportedly and recruited by state governments, oftentimes offering a variety of tax and other incentives associated with new or expanded plant facilities.