History
During the late 1970s, the school bus manufacturing industry was in relative turmoil. A key factor that had driven school bus sales for the past two decades was no longer in place; by 1982, all of the baby boomers would have completed their elementary and secondary education. At the time, Ward was among "the Big Six" full-line school bus manufacturers (Blue Bird, Carpenter, Superior, Thomas, and Wayne). The declining economy of the late 1970s also cut into the profitability of all school bus manufacturers; of the Big Six, Superior and Ward were the hardest hit. Ward survived by providing low cost buses and had a seemingly better system between its management and workers.
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Famous quotes containing the word history:
“The disadvantage of men not knowing the past is that they do not know the present. History is a hill or high point of vantage, from which alone men see the town in which they live or the age in which they are living.”
—Gilbert Keith Chesterton (1874–1936)
“All things are moral. That soul, which within us is a sentiment, outside of us is a law. We feel its inspiration; out there in history we can see its fatal strength.”
—Ralph Waldo Emerson (1803–1882)
“We don’t know when our name came into being or how some distant ancestor acquired it. We don’t understand our name at all, we don’t know its history and yet we bear it with exalted fidelity, we merge with it, we like it, we are ridiculously proud of it as if we had thought it up ourselves in a moment of brilliant inspiration.”
—Milan Kundera (b. 1929)