The Race To Make Ventilators
Planet Money
NPR
4.6 • 29.8K Ratings
🗓️ 31 March 2020
⏱️ 24 minutes
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| 0:00.0 | This is Planet Money from NPR. |
| 0:06.8 | Todd, how much time do you have? |
| 0:08.2 | Let me ask that first. |
| 0:10.0 | I've been working till about 10 o'clock at night, so you might just have to make me work |
| 0:14.4 | till midnight. |
| 0:15.7 | Todd Olson is CEO of Twin City die-casting company. |
| 0:20.0 | They make metal parts for other companies that make things. |
| 0:23.4 | Twin City is a 100-year-old employee-owned company. |
| 0:26.8 | They've got a few factories, a couple hundred employees. |
| 0:30.0 | And Todd says about 50 to 60% of their business comes from automotive companies. |
| 0:35.3 | So if I get in my car, what parts came from your place? |
| 0:40.1 | Yeah, we don't have a lot of real sexy parts a lot of times, but we've got parts in your |
| 0:45.4 | transmission. |
| 0:46.4 | We do a lot of housings for electronics. |
| 0:50.0 | Also do dashboard parts for BMWs. |
| 0:52.7 | Ooh, that sounds a little sexy or that's a little more fun for you. |
| 0:56.3 | Yeah. |
| 0:57.3 | But about two weeks ago Ford and GM announced that they were stopping car production all |
| 1:02.4 | together. |
| 1:03.4 | So a huge chunk of Todd's business was about to dry up. |
| 1:07.6 | So last Thursday, we're meeting remotely over the phone, once a day having a senior management |
| 1:14.7 | call. |
... |
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