Word: ince
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Dates: during 2000-2009
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...Experts point to GM's interaction with Toyota at the New United Motor Manufacturing Inc. (NUMMI) plant in Fremont, Calif., as emblematic of the industry's learning disability. NUMMI was established in 1984 as a joint venture between the two companies, using GM's plant, the Toyota production system and the UAW workers who were already there. The plant had been one of GM's worst; the Toyota system made it one of GM's best...
...Smith, the director of government affairs for the Cambridge Chamber of Commerce, said that thanks to the taxes paid by the biotechnology firms, Cambridge is able to provide extensive programs for its low-income residents while maintaining relatively low property taxes. In September, biotech lab developer Alexandria Real Estate, Inc. applied for a zoning change that would allow it to construct buildings taller than those currently allowed under East Cambridge zoning rules. Some residents said they believed the meeting was called to facilitate Alexandria’s plans for development. But City Manager Robert W. Healey denied that the meeting...
...Monday, an auto industry consulting firm, Planning Perspectives Inc., reported that 68% of participants in a survey of executives for industry suppliers said their companies would have to downsize if General Motors declared bankruptcy, while 12% said their businesses would likely close or would definitely do so. In the Midwest alone, some 275,000 jobs would be lost as a result of a GM bankruptcy. "If they go into bankruptcy, it's going to have a catastrophic effect on businesses across the board," says John W. Henke Jr., president of PPI, based in Birmingham, Mich. (See the Top 10 Bailout...
...assume GM must be saved in its present form? Why not merge it with another automaker? Toyota comes to mind. The two companies already jointly operate the NUMMI (New United Motor Manufacturing, Inc) facility in California, where both GM and Toyota autos are produced. Why not take that joint venture further? Stephen V. Gilmore, Charlotte, North Carolina...
...Still, there are a few bright spots this Christmas season. Urban Outfitters Inc. has distinguished itself with stylish merchandise that stands out, while teen retailers Aéropostale and Buckle have posted positive same-store comparisons by offering good value. Says Davidowitz: "You have to be either really cheap or really different and really right to do well in this market...