What Happened to the Forrest City TV Plant? The Arkansas Factory Sears Sold Before Japan Took Blame

Sears Sold Its TV Factory In 1966. So Why Did Japan Get The Blame? Everybody remembers the story the same way. Japanese electronics arrived, American television manufacturing collapsed, and factory towns paid for it. Forrest City, Arkansas is supposed to be one of those towns. The paperwork says something different, and the paperwork belongs to Sears, Roebuck and Company. This video follows one building through four owners. Sears took near total control of Warwick Electronics, the company that actually built its televisions, radios and phonographs. Then Sears sold that control to Whirlpool in 1966 and kept buying from the same plant. Ten years later a Japanese company bought what was left and made it four times bigger. You will discover: What Sears sold on the first of September 1966, and the exact gain it booked Why Sears kept calling Warwick its major television supplier after selling it The twenty-nine million dollars of stock Sears absorbed from that plant in 1970 The year Warwick disappears from the Sears annual reports and never returns How many people were still working at Forrest City when Sanyo arrived Every claim in this film is read off a document, and the documents are on screen. Where a figure could not be traced, the film says so and refuses to guess. Whether you worked at Forrest City, remember when a television carried a shop's name rather than a manufacturer's, or want to know who actually closed American factories, this is the record rather than the story. Did you or your family work at the Forrest City plant? Tell us which years in the comments. #Sanyo #ForrestCity #Arkansas #Sears #TelevisionHistory #AmericanManufacturing #FactoryHistory #Warwick #Whirlpool #IndustrialHistory