Word: plant
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Dates: during 2000-2009
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...combing rain forests around the world for potential cures for cancer and other ailments, but the residents near Uganda's last rain forests are are not waiting around for a multinational drug company to discover their treasures first. They have always believed that there are cures in the plant life of the Mabira Forest Reserve, the green, leafy jungle that sprawls through the middle of the country. And so, locals seeking treatments for sexual impotence, cancer, malaria and other illnesses are simply taking plants from the forest, parts of which are already in danger of being razed to make room...
...example, there is what the locals call the "sex tree," which grows deep in Mabira's dense, tropical bush. It is a skinny, scruffy, slow-developing plant with springy green leaves that is decidedly unremarkable. It has a lonely existence. Other members of its plant family have been uprooted by local aphrodisiac-seekers long...
When Rolls--which also made aircraft engines--went bust in 1971, the auto and aerospace units became separate companies. After a variety of owners, BMW took over. It now builds the cars at a plant in Sussex, England, operating one line and one shift that turns out four or five hand-built cars a day. The 550 employees include craftsmen--skilled cabinet- and saddlemakers, for example. Most Rolls are made to order; on average, customers pay $20,000 to have their car customized. The company is adding a second line next year and a second shift in 2009 to handle...
Chris Carrier has been hammered with two plant closures in less than a year. First Alcoa shut its wheel-rim plant in June after more than two decades in operation, idling 365 people. Then last month Goodyear Canada did the same at its engine-hose plant, forcing 165 out of work. "It's created a great deal of turmoil," says Carrier, mayor of Collingwood, Ont., a town of 25,000 north of Toronto. "Families aren't sure how they're going to pay bills. Some have moved away." The closures mean not only lost jobs but also a loss...
...made-in-Canada garments have plummeted more than 35%, to about $4.5 billion, since 2002. "With the rising dollar, we couldn't afford to make everything in this country anymore," says Elliot Lifson, vice chairman of Montreal-based Peerless Clothing, which has outsourced 70% of its production to plants in China, India and Vietnam over the past three years. Once the loonie passed 80¢, the $500 million company, which has exclusive licensing agreements with top designers, including Ralph Lauren, Calvin Klein and Michael Kors, exporting to the U.S. became problematic. "Our margins would have been eaten up," says Lifson...