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US · 2 hrs ago
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Odd Lots: How a US City Can Become a Manufacturing Hub (Podcast)
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A Bloomberg podcast episode explores Allentown, Pennsylvania's potential to revitalize as a manufacturing hub, highlighting its historical role in transistor production and current advantages as a logistics and e-commerce center, while acknowledging its decline from the steel industry downturn.

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Odd Lots: How a US City Can Become a Manufacturing Hub (Podcast)
The residents of Allentown are still sore about that Billy Joel song. While it’s true the Pennsylvania city became synonymous with deindustrialization after the US steel industry began its decline in the 1970s, Allentown should be known for more: In the 1950s, for instance, some of the first mass-produced transistors were made in the city, which were the precursor of today’s semiconductors. The city is also a unique logistics and e-commerce hub — it’s a day’s drive from nearly 40 percent of the
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