Fascinating. The hollowing-out of Western industrial capacity will take generations to reverse.

[oxymetheus@mastodon.world]

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.

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.

(frontiermap.substack.com)

#industry #deskilling #economics #engineering #energy #grid #greenenergy