I’m trying to find ideas for what each reader of this question could do given a small loan that could re-“factory” there local economy.
I don’t have capital, but I think that some production canning equipment could be used in our local farms. I wonder if I can invest in that instead of an index fund.
And I have always wondered where all the little various size rubber grommets and stuff come from … like perhaps it would be interesting to start micro-factories with each just making one thing. Like drawing back manufacturing locally instead of waiting for mega-corps to do it.
I think asking this question is getting a list of stuff like that could be helpful to our various locales.
The company I work for has a massive revenue footprint by attaching fittings into hoses. Different size houses need different size and angle fittings and buying bulk hose and fitting then custom making the parts is very lucrative.
How big is the facility if you don’t mind me asking ?
It’s varies. Some are single store operations and some are large enough to be their own company