General Dynamics: Back in the Tank Business Again
Early last decade, worries over slackening demand for armored tanks put the fate of General Dynamics' (NYSE: GD) tank plant in Lima, Ohio -- and the jobs of 900 workers -- at risk. Israel had just cut short a supply contract for hundreds of armored personnel carriers to be produced at the plant and, combined with declining demand for main battle tanks for the U.S. Army, the Lima factory looked set for mothballing.
No longer.
Image source: General Dynamics.
Source Fool.com
