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:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)