A USA Today article examining the growing popularity of business clusters puts the medical device industry in an interesting light: as the possible cure for what's been ailing the United States' stumbling manufacturing sector. Population centers that were built to support once-great industries, so the thinking goes, will be able to pull themselves back from the brink by becoming the place for, say, medical device manufacturing.
From the article:
Cluster theory holds that manufacturers and suppliers often want to be in proximity to collaborate on product design. Companies want to be near universities to benefit from the latest innovations. And bigger clusters attract still more companies that seek access to a large pool of skilled workers.
The article focuses on Cleveland, where there has been a concentrated effort to foster a biotech cluster, and Astro Manufacturing and Design, a company based in nearby Eastlake, OH, that is part of...