Car parts can be profitable


A Detroit Free Press story yesterday proves that auto parts can be profitably manufactured in Michigan. More importantly this is being done while workers are being paid good wages. The interesting thing here is that this is a privately held company. It seems that if the management of a company doesn’t have to worry about showing analysts constant growth every three months, they can invest some money in the company and people and actually grow more and make money. Instead of taking all the money out of the company they put some of it back in. Three cheers for Chuck O’Brien and Ring Screw works!!! We need more people like him to help revive the Michigan and US economies.

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