From The New York Times,
"A Shuffle of Aluminum, but to Banks, Pure Gold"
By DAVID KOCIENIEWSKI
Published: July 20, 2013
"The story of how this works begins in 27 industrial warehouses in the Detroit area where a Goldman subsidiary stores customers’ aluminum. Each day, a fleet of trucks shuffles 1,500-pound bars of the metal among the warehouses. Two or three times a day, sometimes more, the drivers make the same circuits. They load in one warehouse. They unload in another. And then they do it again.
This industrial dance has been choreographed by Goldman to exploit pricing regulations set up by an overseas commodities exchange, an investigation by The New York Times has found. The back-and-forth lengthens the storage time. And that adds many millions a year to the coffers of Goldman, which owns the warehouses and charges rent to store the metal. It also increases prices paid by manufacturers and consumers across the country.
Tyler Clay, a forklift driver who worked at the Goldman warehouses until early this year, called the process 'a merry-go-round of metal.' "
2012
Dimensions variable (Daley Plaza stage area: 54 x 54 ft.)
2 forklifts, 2 forklift operators, 2 carpenters, 2 worksite boomboxes, plaza, barricades, construction pallets, uniforms with custom patch
Photo by Josh Korby.