Tuesday, July 29, 2014

American Capitalists; the Good Guys

Case Knife, which is celebrating its 125th anniversary. The company makes both the knives and Zippo lighters.

They could go to China and crank them out there, but they don't. Nearly a thousand people work for them and those people spend their paychecks, so thousands more benefit in the local economy.

That's also one of the pluses of a family-owned company: They can take the long view and do what is best for everyone and not be slaves to the quarterly P&L report.

2 comments:

  1. And they've been doing it for 125 years pretty dang well!!!

    ReplyDelete
  2. MBA's and the quarterly profit report, along with supply side economics have done a gargantuan amount of harm with no end in sight.

    Thank you Elle Driver

    ReplyDelete

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