smokestack industry


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smokestack industry

A basic manufacturing industry, such as the automobile, rubber, and steel industries, that has limited growth potential, and earnings and revenues that vary cyclically with general economic activity.
References in periodicals archive ?
Many of them still have got a view that manufacturing and engineering is a dirty, smokestack industry but it isn't and we must do more work with schools to get away from that image.
Meanwhile, the panel has agreed that the government will promote urban revitalization projects by using large land lots currently used by the steel and other smokestack industry, the sources said.
They need to be involved in the long-term development process, which includes exposing the industry and informing young people about the industry so that they look at manufacturing differently than the typical smokestack industry they've seen in the past.
In addition to obvious examples such as high-tech firms and Internet startups, some older smokestack industry businesses, such as automobile manufacturers, have adopted constructive cultures.
If the image in your mind is of the crumbling industrial vestiges of a smokestack industry or a mature consumer packaged-goods company shredded by chain-saw, stock-building tactics, think again.
Juneau is a government town, and there hasn't been any smokestack industry since World War II with the A-J mine.
I've often been asked why I chose a career in a smokestack industry.
Why invest in what critics derisively call a smokestack industry, a dinosaur in the digital age?