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From Y2K to 2025: What Manufacturing’s Past 25 Years Can Tell Us About The Next 25

by | Dec 18, 2024

Summary

The early 2000s sparked a wave of technological advancements that reshaped manufacturing, and while challenges like offshoring and job losses impacted the U.S., these lessons have fueled a renewed focus on innovation, resilience, and growth, paving the way for a bright, tech-driven future in American manufacturing.

It’s the year 2000, and while the concerns about computer date systems being unable to handle the transition to the new millennium never come to pass, technology is strengthening its impact on society. Internet and cell phone usage are skyrocketing. Computers are helping people and workplaces connect like never before. And in the manufacturing industry, technology is boosting productivity—and giving global competitors a leg up on American companies. The growing use of robotics, software, integrated automation, and even 3D printing is enhancing manufacturing operations. While the American market is slower to adopt and invest in this technology, countries like India and China are harnessing technology to make goods more cheaply and efficiently, quickly expanding their manufacturing capacity and reach in an ever more globalized manufacturing marketplace.

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Michigan Manufacturing Technology Center

The Michigan Economic Development Corporation, in collaboration with more than 100 economic development partners, markets Michigan as the place to do business, assists businesses in their growth strategies, and fosters the growth of vibrant communities across the state.‍

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