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Deindustrialization is a process of social and economic change caused by the removal or reduction of industrial capacity or activity in a country or region, especially of heavy industry or manufacturing industry. There are different interpretations of what deindustrialization is.
Following a moderate downturn, industrial production grew slowly but steadily between 2003 and 2007. The sector, however, averaged less than 1% growth annually from 2000 to 2007; from early 2008, moreover, industrial production again declined, and by June 2009, had fallen by over 15%, the sharpest decline since the Great Depression. Since then ...
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John Bloom (8 November 1931 – 3 March 2019) [1] was a British entrepreneur, best known for his role in the "Washing Machine Wars" of 1962–64 when he drastically reduced prices by direct sales that cut out the retailers.
James Oliver. James Oliver (August 28, 1823 – March 2, 1908) was an American inventor and industrialist best known for his creation of the South Bend Iron Works, which was reincorporated as the Oliver Farm Equipment Company after his death.
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Dennis R. Washington (born 1934) is an American billionaire industrialist who owns, or co-owns controlling interests in, a large consortium of privately held companies collectively known as the Washington Companies and, in Canada, another collection of companies known as the Seaspan Marine Corporation.
Georg Schäfer supposedly shielded his Jewish sales director, Hugo Holzapfel, from detention by the anti-Jewish Nazis. Georg and Otto Schäfer presided over the revival and expansion of FAG Kugelfischer during the Wirtschaftswunder era of the 1950s. At Georg Schäfer's death in 1975, FAG Kugelfischer employed some 35,000 workers around the ...