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Old 12-05-2012, 06:23 PM   #13
ericr
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Default Re: Before and After – The Sad Story of the Packard Plant

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Originally Posted by 700rpm View Post
The sheer scale of these old manufacturing plans is amazing. It took a tremendous amount of capital and faith in the country and the company to build all that, and every auto plant in the US was similar.

Another interesting thing in the photo is how the houses are built right up to the plant (or vice-versa). I guy could walk across the street to work, go home for lunch, and later be back at home 10 minutes after his shift. You can't hardly do that anywhere today.
I've wondered about the size of the plants myself and particularly the Ford industries since they were producing cars that retailed for only several hundred dollars, having what?, a 18% mark-up for the dealer? It's hard to believe the Company's profit was great on each car though I have read that during the '20s each family shareholder got about $25,000.00 a day just in dividends.
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