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The Slow Exodus of Multinational Manufacturers

February 13, 2019

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I saw the headline that General Motors had announced they were closing four U.S. auto plants, and one of them was in Lordstown, Ohio. This announcement caused me to flash back to another Ohio plant closure—the Ford assembly plant in Lorain, Ohio.

Every time I went to Cleveland on business I stayed in Huron, Ohio, near Lake Erie. After I left the airport, my route took me through Lorain and by the huge Ford assembly plant. This plant opened in 1958, producing nine different Ford models through 2005, when it closed. With its huge empty parking lot, it was a stark reminder of what is happening to American manufacturing.

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