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So, whatever happened with companies like PPG (pittsburgh plate glass).

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Mind_your_head Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-09-09 10:11 PM
Original message
So, whatever happened with companies like PPG (pittsburgh plate glass).
3M (Minnestota Mining & Manufacturing), etc? They were Titans in there day. Where are they today?
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Horse with no Name Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-09-09 10:13 PM
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1. Don't know where the CEO's are
but it is a sure bet that the workers are either unemployed or underemployed and the people making their products do not speak English and most likely work for a few cents a day!
Ahhh the fresh smell of capitalism.
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Mind_your_head Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-09-09 10:17 PM
Response to Reply #1
3. The smell of capitalism is a very raunchy stench I have come to learn. n/t
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Davis_X_Machina Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-09-09 10:16 PM
Response to Original message
2. PPG's still based in Pittsburgh...
...still making plate glass among other things -- and still has plants in PA, among other places.
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imdjh Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-09-09 10:20 PM
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4. The thing that amazes me is when products that aren't labor intensive are imported anyway.
There was a time when we had people who could figure out when Japan was subsidizing and dumping. With China, we seem to simply look at the price, not even the quality.
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-09-09 10:22 PM
Response to Reply #4
5. +1 nt
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Mind_your_head Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-09-09 10:24 PM
Response to Original message
6. Standard Oil (of Indiana)......after the breakup, became Amoco
American Oil Company. Which was purchased by BP (British Petoleum).

What do *I* know, but all of these equity *flippers* are the same as *house flippers* on a corporate scale. Un-real.
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sakabatou Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-09-09 10:25 PM
Response to Original message
7. Doesn't 3M still make tape?
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TreasonousBastard Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-09-09 10:27 PM
Response to Original message
8. Took me less than a minute to find out that 3M...
is still in Minesota, has 76,000 employees and remains a leader in product innovation.





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Mind_your_head Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-09-09 10:30 PM
Response to Reply #8
9. How does that compare historically with "where they where"?
Not sure of the answer, but did you do that calculation?

TIA
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TreasonousBastard Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-09-09 10:48 PM
Response to Reply #9
11. They sold off things like Imation and some pharmaceuticals...
recently, but they are growing and are part of the D-J Industrials.

They're doing Ok.

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OHdem10 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-09-09 10:40 PM
Response to Original message
10. G. Imeldt, Head , GE has said our Economy is unsustainable
unless we get our mfg up to 20%. That should tell us something.

In other words along the way our "brilliant" leaders decided
we should be a "Service Economy" Guess what they were wrong.
This is what is contributing to our current crisis. This
economy cannot be sustained on Service Jobs.

We sent the manufacturing jobs out of country. OOPs.

I hope people listen to Imeldt and people like him.

This Globalization Crisis is wrecking havoc on our country.
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Mind_your_head Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-09-09 10:55 PM
Response to Reply #10
12. +1
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whyverne Donating Member (734 posts) Send PM | Profile | Ignore Fri Oct-09-09 11:18 PM
Response to Original message
13. Those were the days. We had a PPG plant right down the street.
You could graduate high school, walk a few blocks down and get a job at PPG paying about 3 bucks an hour. Since a brand new car was only about $2000, that was pretty sweet.

You gotta make about 30 bucks an hour now to have that kind of spending power.

There were 3 mom and pop grocery stores in town and a drug store. Now there's nothing but garages and bars.
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