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U.S. Factory Jobs Unlikely to Return
Proposed incentives not seen reversing decades-long shrinkage in manufacturing.
President Barack Obama challenged manufacturers in his State of the Union address to “ask yourselves what you can do to bring jobs back to your country.”
Their answer may be: less than you think, Mr. President.
Moves Into Ohio
Kasich pointed to Vallourec SA’s decision to build a new pipe mill in Youngstown to produce seamless tubes for drilling, and Honda Motor Co.’s announcement earlier this month that it will build its high-performance hybrid Acura NSX in Ohio.
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