Economy
Central Michigan's economy is primarily agricultural, and some automobile manufacturing. Major crops include corn, sugar beets, and soy beans. Until 2004, Mid-Michigan (specifically Lansing) was also known for being the location of the main Oldsmobile plant for General Motors. General Motors operates the Flint Truck Assembly factory in Flint and Powertrain plants in Flint, Bay City, and Saginaw. The Michigan Sugar Company, which is a cooperative owned by 1,250 farmers, operates factories in Bay City, Caro, Croswell, and Sebewaing. The Dow Chemical Company's world headquarters is based in Midland. The world headquarters of Nexteer Automotive is located in Saginaw. S.C. Johnson and Son has a manufacturing facility in Bay City making Ziploc products.
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Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)