When the Machine Stopped: A Cautionary Tale from Industrial America

When the Machine Stopped: A Cautionary Tale from Industrial America

by Max Holland
     
 

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From the careful craftsmanship of machine tools to the ingenious crafting of a leverage buyout and the intricacies of a bitter trade dispute,Holland tells the life-and-death story of a machine tool company called Burgmaster. When the Machine Stopped speaks volumes on innovation,foreign and domestic competition,employee relations,leveraged buyouts,U.S. trade

Overview

From the careful craftsmanship of machine tools to the ingenious crafting of a leverage buyout and the intricacies of a bitter trade dispute,Holland tells the life-and-death story of a machine tool company called Burgmaster. When the Machine Stopped speaks volumes on innovation,foreign and domestic competition,employee relations,leveraged buyouts,U.S. trade policy,and more. "Anyone who wants to understand American business must read When the Machine Stopped-Holland has written the best business book in years. "-Chicago Tribune "Fascinating-the fate of Burgmaster and its brethren is crucial to the U.S. industrial economy. "-Business Week

Editorial Reviews

Library Journal - Library Journal
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.
Booknews
A systematic study of the various civil rights regulatory agencies created under Titles VI and VII of the 1964 Civil Rights Act. Begins with the creation of the regulatory agencies in 1964 under President Johnson, and continues to describe and evaluate them through the Reagan presidency, exploring the creation, structuring, staffing, financing, and attainments of these agencies. Holland traces the story of the life and death of a machine tools company--from its inception in the mid-forties through it's rise and ultimate decline in the eighties. He intertwines that history with an analysis of the roles played by Washington and Wall Street, offering evidence that economy is fading fast." Annotation c. Book News, Inc., Portland, OR (booknews.com)

Product Details

ISBN-13:
9780875842448
Publisher:
Harvard Business Review Press
Publication date:
08/01/1990
Pages:
350
Product dimensions:
6.11(w) x 9.17(h) x 1.08(d)

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