September 22, 2005

Changing economy affects manufacturers, employees and the city

Harvey Kahalas, dean of the School of Business Administration , is quoted in a story about the diminishing manufacturing industry base in Sterling Heights . He said it is too early to sound the death knell for Michigan 's manufacturing industry. "The idea that the auto industry is dead is a little premature," he pointed out. "The auto industry needs to reformulate and reinvent itself - from investors, to labor, to salaried employees, I think everyone needs to pitch in together to work on these issues." But he noted that "the competitive pressures are just unbelievable" and that production costs are forcing many industries to "move to other parts of the globe."

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