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.
Read more about this topic: Am Tran
Famous quotes containing the word history:
“Free from public debt, at peace with all the world, and with no complicated interests to consult in our intercourse with foreign powers, the present may be hailed as the epoch in our history the most favorable for the settlement of those principles in our domestic policy which shall be best calculated to give stability to our Republic and secure the blessings of freedom to our citizens.”
—Andrew Jackson (1767–1845)
“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)
“Every library should try to be complete on something, if it were only the history of pinheads.”
—Oliver Wendell Holmes, Sr. (1809–1894)