Certainly, but the numbers of companies that are having problems in my area are legion. In my community alone there are about 10 major employers (manufacturers) who have closed, or will soon close. They all tell the same story.
Another example which should be significant: the number of US-based castings houses has decreased from 1200 to 300 in the last 5 years.
Even conceding a priori and without quarreling that 33% of the castings industry was mis-managed and had inadequate markets, that would tell us that the reduction should have been to around 800. Castings, as you know, are a part of almost any manufactured product. They are in computers, cars, electrical goods, plumbing goods, appliances-- We can conclude that the CUSTOMERS of these casting houses are now in places other than the USA and have demanded that their casting-suppliers locate where the customers are. Is that a better example for you?