Big_Ford_Country

Lustron was forced out of business by the RIC ( I believe) a government housing group in charge of housing for returning GIs. They wanted to take over the company. Government corruption and greed pure and simple. At the point Lustron ex Carl Strandlund would not knuckle under to them to do this and that for their buddies business, they told him point blank we will force you out within a year. At that point Lustron had two orders come in for 2000 units each. But the smear campaign had begun. Planting doubt in the minds of possible customers, congress and public in general. Within a year RIC had taken control forced Standlund and 3000 employees out and wanted nothing more than to liquidate 30 million dollars worth of work that had been done to the former Curtis airplane factory, after they close Lustron it became North American Rockwell making planes and parts for the B-1 bomber. Now it is a DW show warehouse. The houses stood the test of time. I have visited several here in Columbus (driven by and photoed most but not trespassed) Our government has done so much wasteful spending over the years. It takes millions to start up and years to recoup money for an operation this size, but they gave them only months to pay it back then gave them suicide loans of 1 million dollars to pay back in 6 months just to pay interest debt . The RIC made money hand over fist and the top execs of RIC lined their pockets. When the government hearings started, the company was gone, no one from Lustron went to jail. RIC execs did go to jail. and our Government smoothed it all over as a mistake.