In the latest episode of the WLEI podcast, we take a deep dive into a new venture whose goal is to rekindle America’s industrial tradition. Re:Build Manufacturing was founded by former Amazon executive Jeff Wilke in 2021. We sat down with its CEO Miles Arnone and Chief Lean officer Bonnie Davis to learn about Re:Build Manufacturing’s purpose and how it fulfills it.
For decades U.S. manufacturers swept up by the opportunity to maximize profits with low-cost labor have been offshoring manufacturing. But the short-term boost in profits has generated long-term, unintended consequences.
Communities that once thrived on manufacturing experienced severe economic downturns. This decline led to increased economic inequality, as those who lost their jobs struggled to find employment that matched their skills and offered comparable wages. Also, manufacturers struggled to protect their innovations as overseas suppliers threatened intellectual property theft or infringement. And the offshoring trend has eroded America's manufacturing and engineering capabilities. As companies began to rely on overseas suppliers, they lost valuable knowledge and skills that were once a hallmark of American industry.
During the podcast, Miles and Bonnie delve into the specifics of how Re:Build's strategy works, as well as the company's culture and mission. They provide valuable insights into the future of American manufacturing and the vital role that Re:Build aims to play in reshaping it.