Word: plante
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Dates: during 1990-1999
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Namibian President Sam Nujoma made it clear that Namibia wanted a manufacturing plant. His position, says Marshall, was that Namibians "must be producers and not just consumers." Barden executives discussed building a plant to process fish or one to make concrete blocks. But Barden had contacts at General Motors, which was eager to get back into the area (it had shut down in South Africa in response to an international campaign against apartheid). After Nujoma visited the U.S. early this year, a deal was struck. Barden will become GM's sole distributor in Namibia. GM will ship 818 cars, vans...
Link has been prospering domestically too. It says total sales will come close to $100 million this year. In 1994 it bought out Dakota Trail, Inc., adding a 50-worker plant in Alpena, S.D., to the Minong factory, which employs 325 workers. Export sales are growing faster, though, and the company is eyeing Costa Rica, Malaysia and Nicaragua as potential new markets. Within two years, it expects exports to account for 25% of total sales. All of which Jay Link sometimes finds hard to believe. Says he: "For us to come out of a town in the north woods...
...turning contacts into contracts. She brags that the company has $500 million of contracts signed or under negotiation in the Middle East, involving telecommunications for governments; possibilities for as much as $2 billion of work in India, some of it building, owning and operating a power plant; and air-traffic-control projects in China, Malaysia and other Asian countries. And she unabashedly credits "a combination of myself and our expertise...
Production will grow more slowly, says Zimmerman, in part because "we're running out of labor." The shortage will also push up wages. Weinberg hopes that much of the increase can be offset by higher productivity resulting from the heavy business investment of recent years (business spending on new plant and equipment has been shooting up 18% a year). Nonetheless, prices will be forced up at a slightly faster rate than...
...much weaker than the E.U.'s. It would push emissions down to 1990 levels, and no lower, some time between 2008 and 2012. Part of that reduction would come through an international system of emissions trading, by which, say, a power company based in the U.S. could upgrade a plant in China and use reduced emissions there to meet its domestic target...