Two companies (one's a government run company). One is running in the red and going to stop Saturday business, the other is having its best year ever.
The first is the post office, so broke even stopping Saturday deliveries may not help the hemorrhaging. The second is the Deering Banjo Company in Spring Valley California.
It hasn't been easy for the banjo company: "If you ask the Deerings what their greatest challenge has been, the answer has been running the business in California, particularly during a run-up in workers' compensation insurance premiums that began under Gov. Gray Davis.
"That nearly put us out of business. We're still paying off some of those debts," Greg Deering said, adding that the company has remained in California mostly because the family considers it home.
"And because we are stubborn. We are so stubborn," Janet Deering said".
However they did it and whyever banjos are becoming more popular again, the Deerings " have expanded and trained its own workforce and expects to top $4 million in sales for the year ending June 30."
Good for them.