Eugene David
...The One-Minute Pundit

Friday, February 29, 2008


At Corning, the top executives made a conscious decision to keep virtually all of their R&D at headquarters. "We want to invest in creating a pool of expertise that is relatively stable here in Corning, N.Y.," says Mark A. Newhouse, senior vice-president for new business development. Adds David L. Morse, senior vice-president for corporate research: "This country is still the best place to do industrial research."

If only the rest of corporate America took this enlightened approach, instead of throwing our jobs away in the name of making the shareholders richer -- but as we've said before, any big business that calls itself "international" gives itself carte blanche to commit treason.

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