In light of the three major global transformations of globalization, digitalization and sustainabilization industrial production faces new challenges and targets. On the one hand industrial modernization in the direction of digital manufacturing (Industry 4.0) has to cope with the new protectionist policies that have started in the United States as a countermovement to globalization. On the other hand, the new vocal demand for climate protection and environmental quality assurance puts pressure on the industry to align its policies with the demand for ecological modernization. It is essential that industrial policy makers include not only efficiency goals as targets for their investment plans but also environmental quality and social compatibility. Keywords:
