Fraser fir tree species. Growing and harvesting this species for Christmas trees and boughs is a multimillion-dollar business in the southern Appalachians. North Carolina produces the majority of Fraser fir Christmas trees. It requires from 7 to 10 years in the field to produce a high tree. In 2005, the North Carolina General Assembly passed legislation making the Fraser fir the official Christmas tree of North Carolina. Fraser fir The Fraser fir ("Abies fraseri") is a species of fir native to the Appalachian Mountains of the Southeastern United States. "Abies fraseri" is closely related to balsam fir ("Abies balsamea"), of which it
Douglas Fraser and subsequent government-sponsored loan. Fraser mobilized UAW members and heavily lobbied Congress in a move that proved critical to convincing the government to provide $1.2 billion in federally-guaranteed loans, which enabled Chrysler to avoid bankruptcy. He used Reuther's "equality of sacrifice" formula to convince UAW members that major concessions were needed to save the company. Fraser then negotiated wage cuts of $3 an hour and waived restrictions on layoffs, which allowed Chrysler to shed nearly 50,000 jobs, about half its workforce. In an unprecedented move, Chrysler Corporation named Fraser to its Board of Directors on which he served from 1980