“Despite the economic crunch facing the nation’s domestic manufacturers, a number of operators have managed to survive and flourish in tough conditions.”
Here is a great article from Dynamic Business that outlines just how some manufacturing companies are keeping their heads above water despite hard times. Adaptability and resiliency are two qualities of note. But the real force behind some company’s success? …Specialization.
The key is to be the only one in your market who specializes in a certain aspect of manufacturing because there are always markets out there.