<![CDATA[Fascinating. The hollowing-out of Western industrial capacity will take generations to reverse.]]>Fascinating. The hollowing-out of Western industrial capacity will take generations to reverse. I’m especially struck by the ignorance and short-sightedness of private-equity firms and finance-minded MBAs, who never read even this sort of accessibly-technical article, but imagine their spreadsheets tell them everything they need to know about every business in the world. Shameful.

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The US imports 82% of its large power transformers. How it got there, and what it will take to rebuild the capability.

Why the rebuild depends on metallurgy, apprenticeship, and one mill in Pennsylvania.

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(frontiermap.substack.com)

]]>https://board.circlewithadot.net/topic/84026ead-0045-4903-80c0-2a745994aa5b/fascinating.-the-hollowing-out-of-western-industrial-capacity-will-take-generations-to-reverse.RSS for NodeFri, 15 May 2026 00:37:46 GMTSun, 26 Apr 2026 00:37:55 GMT60