July 3, 2011
July 3, 2011
April 24, 2011
January 29, 2011
July 9, 2010
July 9, 2010
July 5, 2010
June 8, 2010
June 1, 2010
May 22, 2010
Before long, the Michigan Truck Plant was the most profitable of Ford’s fifty-three assembly plants. By the late nineteen-nineties, it had become the most profitable factory of any industry in the world. 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.