Chief executive Jrgen Schrempp has done a good job of diversification, and the company is heavily exposed to the all-important U.S. market.
So the challenge for this conservative city, which has always opposed taxes or government intervention of any sort, is how to inspire new businesses to generate jobs and diversification.
The Obama administration has suggested a down payment on such a vision in its 2016 budget, calling for "dedicated new resources for economic diversification, job creation, job training and other employment services for workers and communities impacted by layoffs at coal mines and coal-fired plants".
But the importance of commodities with increasing returns extends beyond elasticities, innovation, job ladders and diversification.
Both the external and internal support systems are designed to achieve the following objectives: economic development, technology diversification, job creation, profits, viable companies and successful products.
Of that, $624,000 will go to communities affected by the NGS and Kayenta closures, aimed at promoting "economic diversification, job creation, capital investment, workforce development and re-employment opportunities," according to a press release from the agency.
Job creation and diversification of the economy is high on the agenda, as well as joint action on eliminating malnutrition, including how to link nutrition interventions with social protection programmes.
More important, perhaps, is that its shareholders expect good returns on their investment, whereas some competitors, especially state-backed ones in the Middle East, invest to provide jobs and economic diversification rather than profits.
So it's no surprise that she is offended by the job creation and economic diversification initiatives of L. Brooks Patterson, the county executive of Oakland County, Mich.
