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  1. Thread: Sad news

    by JCitron
    Replies
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    2,406

    Then there's Pan Am Railways, or the company that destroyed three RRs in one shot.

    Pan Am Railways is the rebirth of Guilford Transportation Industries, or the company that destroyed three great former Class I railroads all in one shot. Guilford was a holding company out of...
  2. Thread: Sad news

    by JCitron
    Replies
    15
    Views
    2,406

    I've noticed that too. We'll basically end up...

    I've noticed that too. We'll basically end up with major 3 railroads in the country in the end. The regionals will take the cast-offs and forgotten lines the big ones don't want to run any longer. I...
  3. Thread: Sad news

    by JCitron
    Replies
    15
    Views
    2,406

    It still plays out today... NECCO (New England...

    It still plays out today... NECCO (New England Confectionery Company), the maker of NECCO Wafers and other really sweet treats, shut its doors last year. The employees arrived at the door one Monday...
  4. Thread: Sad news

    by JCitron
    Replies
    15
    Views
    2,406

    Yeah as you saw, I lived through it too. I worked...

    Yeah as you saw, I lived through it too. I worked briefly for Polaroid. Yes the big company that made instant film cameras. At that time, they had 120K people worldwide. The market was changing from...
  5. Thread: Sad news

    by JCitron
    Replies
    15
    Views
    2,406

    That is sad news indeed, but I'm sure this...

    That is sad news indeed, but I'm sure this downturn coming is just an excuse to maximize profits for the stockholders and CEO's bonus. This happened at a place I worked in back in the 1990s. The...
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