Online Public Relations Thoughts

One difference between some US manufacturers and other countries is a willingness to invest in aging plants.  Consider US Steel.  Its coke operation has needed modernization for decades and hasn't got it.  After an explosion, it is an open question whether US Steel will fix the plant or shut it down.  You can't maintain leadership by running assets into the ground.  Business for the long term invests money into production facilities and continually upgrades them.  US Steel appears to be operating for the short-term bottom line and milking its assets. No wonder it wants to sell out to the Japanese.