When the Machine Stopped: Cautionary Tale from Industrial America
Journalist Holland, whose father has worked 29 years for Burgmaster, has produced a history of that machine tool manufacturer by blending accounts of major events with descriptions of key individuals and machines. Holland covers the 1944 founding of Burg Tool, its transformation into Burgmaster Corporation, the Houdaille takeover, the 1979 leveraged buyout, the campaign for protection against Japanese competition, and, finally, the auction of Burgmaster property in 1986. This book is more than an excellent company history; it also tells why the industry and American manufacturing in general has declined. Highly recommended.- Leonard Grundt, Nassau Community Coll. Lib., Garden City, N.Y.Copyright 1989 Reed Business Information, Inc.