10-06-2016, 07:34 AM
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CC Member
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Join Date: Sep 2013
Location: Memphis,
TN
Cobra Make, Engine: SPF#1867 , KC427
Posts: 431
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Quote:
Originally Posted by joyridin'
It won't. Now it is under the umbrella of a big corporation that obviously bought it to siphon off the profit for shareholders.
My brother works for a Schaeffler company. Nickle and dime everything.
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That is an awfully pessimistic way to look at it but in reality it is more close to to what will probably really happen. In more cases than not the aquisition of a company is usually for the worse. The best case scenario I would hope for is they continue to produce what Hoosier already has.
I love the way marketing promotes how the original owners will "stay" involved and be a part of the new aquisition. We all know this is a 1-2 year extension and they they ride into the sunet with a full bank account never to be seen again or open up a new business once their non compete expires. Whatever the case good going for the Hoosier owners.....anyone who creates something deserves to benefit from it. |
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