The future of the American economy is hiding in an unlikely place: the manufacturing sector
While Silicon Valley titans dominate headlines, many of the fastest-growing, most profitable companies in the United States are firms you’ve likely never heard of, such as HEICO, Trex, and Casella. These booming companies belong to a burgeoning sector—industrial tech—that offers surprising hope to workers, consumers, and investors alike.
Their role: to make a range of products—aerospace parts, for example, or recycled plastic lumber—that quietly form the backbone of America’s biggest industries.
In an age of instability, industrial tech is a cornerstone of our economic future. In this book, McKinsey veterans Asutosh Padhi, Gaurav Batra, and Nick Santhanam reveal the “titanium economy,” a modern, reinvented industrial sector complete with high-paying, domestic jobs;, soaring stock prices;, and critical infrastructure. They dispel the myth that the best of American manufacturing is behind us and illuminate an opportunity for a brighter future—if we can seize it.
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Technology is more than headline-grabbing Silicon Valley founders, viral smartphone apps, or sleek products. Technology is the driving force behind a renaissance in many sectors—including manufacturing. The Titanium Economy artfully explores the ways technology and manufacturing are intertwined, and the investments needed—especially in a diverse workforce—to help the sector actualize its potential.
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Reshma Shaujani, founder and CEO, Girls Who Code