Lee Der Industrial
Zhang Shuhong worked at the Lee Der Industrial company for over ten years before taking over as head of the company's day to day operations. The Lee Der company, which is based in Foshan, China, and is also known as Lida, was a major supplier of toys and other products for Western companies, including Mattel and its subsidiary, Fisher-Price. Zhang was described by employees and co-workers as an entrepreneur. Lee Der Industrial was losing money and suffering financial loses at the time that Zhang took over operations. Zhang was credited with stopping the money loss. He invested much of Lee Der's earnings back into the company, investing in new buildings, capital and equipment. According to Lee Der employees, Zhang was planning to move one of his three factories to a new $5 million USD plant that had recently been completed. Zhang was reportedly devoted to the Lee Der Industrial company. He resided on the factory grounds in a 25-square-meter room for the 10 years before his death to be close to his work. Zhang also owned two subsidiaries, which were named Hengjing and Shuaimeng.
Read more about this topic: Zhang Shuhong
Famous quotes containing the words lee, der and/or industrial:
“To be able to see every side of every question;
To be on every side, to be everything, to be nothing long;
To pervert truth, to ride it for a purpose,
To use great feelings and passions of the human family
For base designs, for cunning ends;”
—Edgar Lee Masters (1869–1950)
“Under the lindens on the heather,
There was our double resting-place.”
—Walther Von Der Vogelweide (1170?–1230?)
“Coal is a portable climate. It carries the heat of the tropics to Labrador and the polar circle; and it is the means of transporting itself whithersoever it is wanted. Watt and Stephenson whispered in the ear of mankind their secret, that a half-ounce of coal will draw two tons a mile, and coal carries coal, by rail and by boat, to make Canada as warm as Calcutta, and with its comfort brings its industrial power.”
—Ralph Waldo Emerson (1803–1882)