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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (55626)	8/30/2006 5:03:53 PM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 116555

Although their income was substantial, I don't recall those workers making that much money. "In 1998, the Michigan Truck Plant grossed eleven billion dollars, almost as much as McDonald's made that year. Profits were $3. 7 billion. Some factory workers, with overtime, were making two hundred thousand dollars a year. The demand for Expeditions and Navigators was so insatiable that even when a blizzard hit the Detroit region in January of 1999—burying the city in snow, paralyzing the airport, and stranding hundreds of cars on the freeway—Ford officials got on their radios and commandeered parts bound for other factories so that the Michigan Truck Plant assembly line wouldn't slow for a moment. The factory that had begun as just another assembly plant had become the company's crown jewel." gladwell.com