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.
Read more about this topic: Central Michigan
Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“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)