STATE OF BUSINESS: You Can't Build Too Fast

"Time and again the Nervous Nellies have cried out that we are moving ahead too fast," said 38-year-old Henry Ford II last week. "But with reasonable and sound planning, we can hardly build too fast. Just to keep from losing ground, we've got to move ahead."

This was a feeling shared by many of the largest U.S. companies last week. Ford Motor Co. brought out its new $10,000 Continental (see Autos), and announced that it will spend a thumping $500 million for expansion next year. Opening a new car and truck assembly plant...

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