German Deindustrialization Is A Wake-Up Call For U.S. Manufacturers
Rail lines lead to production facilities and old equipment in a yard at the closed Vallourec SACA ... [+] pipe plant in Düsseldorf, Germany, on Friday, Jan. 19, 2023. In some cases, Germany's industrial downshift is taking place in small steps, others are more evident like shifting production lines and trimming staff and in extreme instances — like Vallourec SACA’s pipe plant, once part of fallen industrial giant Mannesmann — the consequence is permanent closure. Photographer: Ben Kilb/Bloomberg...
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