Word: georgetown
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Dates: during 1980-1989
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JUST GOT BACK on the shuttle from Washington yesterday. What a hangover! My brother took me to every bar in Georgetown. Rolled into the subway afterwards, still flying. I caught a bit of the conversation in the seat next to me through the haze. Two guys, the Director of Something or Another and the Secretary of the Other Thing, were arguing about the Phillipines...
...among facilities in Japan and Guam. An alternative for the naval station could be found at Palau. But no other site offers a skilled labor force that could duplicate the huge volume and the low cost of maintenance performed at Subic. The two bases are, as a report by Georgetown University's Center for Strategic and International Studies puts it, "simply irreplaceable...
Small, quiet American towns have become popular havens for Japanese manufacturers. This week Toyota Motor is expected to join the crowd of companies building plants in small towns. Toyota will announce plans to spend more than $500 million to construct a plant in Georgetown, Ky., a bucolic community twelve miles north of Lexington in the gently rolling hills of Scott County. When it opens in 1988, the factory will produce 200,000 midsize cars annually and employ between 2,000 and 3,000 workers...
...Georgetown (pop. 11,000), a center of Burley tobacco farming and Thoroughbred horse breeding, Toyota has found a site close to auto-parts suppliers, a crucial consideration for Japanese firms striving to keep a low level of inventories. In addition, the town's central U.S. location will allow Toyota to keep down delivery costs. Finally, the area offers inexpensive and plentiful electricity and easy access to two interstate highways...
Predictably, the citizens of Georgetown are of two minds about Toyota's move. Where some residents see problems, others see possibilities. Craig Zeysing, 72, and his wife Helen, 60, who own three farms in the area, acknowledge the benefits of new jobs but fear that a large auto plant will change the nature of their little town. On the other hand, the Zeysing's son Herbert, 27, who looks after 65 head of cattle on one of the family's farms, smells opportunity. He has advised his parents to "listen before they say no" to speculators who express interest...