Casteel Commentary As anticipated for decades, public policy that has neglected the health of the capital-intensive industries like steel castings and forgings has led to a reduction in their capacity and capability. DoD OSD has recognized this concern for years and is assessing the challenges faced by these critical industry segments. This month’s commentary strives …
SFSA Casteel Reporter – October 2021
Casteel Commentary This month’s Casteel Commentary further explores the challenges discussed last month. The financial excesses of the past 20 years have inflated the values of equities, resulted in excess debt and hollowed out our manufacturing capability. We are likely to need to plan for challenging demand that taxes our ability to produce and for …