The old industrial model required billions in capital and decades of planning. Modern advanced manufacturing is shifting toward modularity — smaller-scale units that can be incrementally expanded as demand grows. This allows manufacturing to be regionally -- and later on into the hockey stick: globally -- diversified, rather than clustered in a few industrial hubs.
The Hyperlocal Revolution: Why the Next Industrial Wave Belongs to Your CityFor decades, the American industrial narrative was one of "bigger is better" — massive blast furnaces, sprawling assembly lines,…