OT Super Mergers

David G

Well-known Member
It looks like Dow and Dupont are going to merge into one entity with three divisions, one being agriculture. I really think these mergers are a BAD thing for the economy, they limit competition and put tons of people out of work. I am really surprised that there is not more opposition in Washington, on both parties, to these. InBev and Miller are looking at becoming a super giant. We just went through the Heinz Kraft merger and the companies are decimated now.
 
washington doesn't care. if the check clears then a ok. next.

if we the people would force funding election reform then it might. but until then

CITIZENS UNITED RULES !!!!!!!!!!!
 
I don't know about DuPont, but Dow has been pretty well globalized. From what I've read, they have less than a 1000 US workers. It will still be a kick in the nads to Midland, but nothing they can do about it.
 
These are companies trying to find a way to continue making profits so they can stay in business. These things don't happen because they are making money hand over fist. At least the company being sold isn't. The buyers might be. Yes they lead to cuts, factory closures, people loose their jobs. The other side is the businesses completely fail and everyone looses their job. So lets blame management. Yes indeed they had something to do with this. They couldn't find a way to right the ship. They have been watching the ship slowly sink for years and to be honest working really hard to not let it sink. I doubt they sat back and said lets watch it sink so we can sell the business. They failed to figure it out before it got too far. We have hind sight now to tell them what they should have done. Running a real business looking at the unknown in tomorrow is much harder than running it from the side lines looking at yesterday.

Sometime the biggest failure in management is making some hard decision early on before they become bigger problems and hurt more people. I was part of the management of a small company years ago. We had to sell out. Looking back and learning from life's lessons we should have cut the business in half early on and focused on what we could make money at. We didn't. We didn't have the heart to make that hard decision and let people go. The business got sold and they moved what they wanted and shut it down. In the end everyone lost their job.

I don't know anything about the Dow Dupont thing. I do have some vision into the Kraft Heinz and MillerCoors stuff. I do project engineering work for both companies. They have been going through continuous reorganizations for years. New managers come in and old ones out. Reshuffle the business. They knew they had problems and worked to fix it they just failed to do so.

I don't think it hurts consumers. We have a lot of choices. We benefitted from the tough competition keeping prices down that leads to businesses closing and getting sold. The problem is we over benefited to the demise of the company. Now the pendulum swings back and prices go up and the cycle repeats. Overall we stay in balance.

Just my thoughts. Would like to hear others.
 
(quoted from post at 13:44:44 02/19/16) These are companies trying to find a way to continue making profits so they can stay in business. These things don't happen because they are making money hand over fist. At least the company being sold isn't. The buyers might be. Yes they lead to cuts, factory closures, people loose their jobs. The other side is the businesses completely fail and everyone looses their job. So lets blame management. Yes indeed they had something to do with this. They couldn't find a way to right the ship. They have been watching the ship slowly sink for years and to be honest working really hard to not let it sink. I doubt they sat back and said lets watch it sink so we can sell the business. They failed to figure it out before it got too far. We have hind sight now to tell them what they should have done. Running a real business looking at the unknown in tomorrow is much harder than running it from the side lines looking at yesterday.

Sometime the biggest failure in management is making some hard decision early on before they become bigger problems and hurt more people. I was part of the management of a small company years ago. We had to sell out. Looking back and learning from life's lessons we should have cut the business in half early on and focused on what we could make money at. We didn't. We didn't have the heart to make that hard decision and let people go. The business got sold and they moved what they wanted and shut it down. In the end everyone lost their job.

I don't know anything about the Dow Dupont thing. I do have some vision into the Kraft Heinz and MillerCoors stuff. I do project engineering work for both companies. They have been going through continuous reorganizations for years. New managers come in and old ones out. Reshuffle the business. They knew they had problems and worked to fix it they just failed to do so.

I don't think it hurts consumers. We have a lot of choices. We benefitted from the tough competition keeping prices down that leads to businesses closing and getting sold. The problem is we over benefited to the demise of the company. Now the pendulum swings back and prices go up and the cycle repeats. Overall we stay in balance.

Just my thoughts. Would like to hear others.

Pretty good assessment. Business's have to increase productivity by 10 to 15% every year to just stay status-quo... Salaries, medical, vehicles, material, fuel, electricity, rent and taxes keep going up, so if you just stay even, your going backwards.
Getting in business is hard,,, Staying in business is harder.

Every time there is a quantum shift in technology, lots of bushiness will NOT survive the change.

On line business has made the ultra low cost provider win, even if its a business run out of a u-storage room. The internet made it possible to be successful with no marketing, HR, or shipping department,, just ups and a storage unit. No property taxes, no payroll taxes, make this papermache buisness a winner.
 
(quoted from post at 13:51:08 02/19/16)
(quoted from post at 13:44:44 02/19/16) These are companies trying to find a way to continue making profits so they can stay in business. These things don't happen because they are making money hand over fist. At least the company being sold isn't. The buyers might be. Yes they lead to cuts, factory closures, people loose their jobs. The other side is the businesses completely fail and everyone looses their job. So lets blame management. Yes indeed they had something to do with this. They couldn't find a way to right the ship. They have been watching the ship slowly sink for years and to be honest working really hard to not let it sink. I doubt they sat back and said lets watch it sink so we can sell the business. They failed to figure it out before it got too far. We have hind sight now to tell them what they should have done. Running a real business looking at the unknown in tomorrow is much harder than running it from the side lines looking at yesterday.

Sometime the biggest failure in management is making some hard decision early on before they become bigger problems and hurt more people. I was part of the management of a small company years ago. We had to sell out. Looking back and learning from life's lessons we should have cut the business in half early on and focused on what we could make money at. We didn't. We didn't have the heart to make that hard decision and let people go. The business got sold and they moved what they wanted and shut it down. In the end everyone lost their job.

I don't know anything about the Dow Dupont thing. I do have some vision into the Kraft Heinz and MillerCoors stuff. I do project engineering work for both companies. They have been going through continuous reorganizations for years. New managers come in and old ones out. Reshuffle the business. They knew they had problems and worked to fix it they just failed to do so.

I don't think it hurts consumers. We have a lot of choices. We benefitted from the tough competition keeping prices down that leads to businesses closing and getting sold. The problem is we over benefited to the demise of the company. Now the pendulum swings back and prices go up and the cycle repeats. Overall we stay in balance.

Just my thoughts. Would like to hear others.

Pretty good assessment. Business's have to increase productivity by 10 to 15% every year to just stay status-quo... Salaries, medical, vehicles, material, fuel, electricity, rent and taxes keep going up, so if you just stay even, your going backwards.
Getting in business is hard,,, Staying in business is harder.

Every time there is a quantum shift in technology, lots of bushiness will NOT survive the change.

On line business has made the ultra low cost provider win, even if its a business run out of a u-storage room. The internet made it possible to be successful with no marketing, HR, or shipping department,, just ups and a storage unit. No property taxes, no payroll taxes, make this papermache buisness a winner.

You guys are both right to a certain extent. What many people fail to see is that a publically owned business on payday owes the workers their pay checks. They owe the stockholders year round. People buy stock to MAKE money. So people as a hobby buy and sell items at flea markets and yard sales. They do it to MAKE MONEY. The end goal is to make a profit. Even a privately held company owes itself/owner. Not hard to figure out. But as far as the worker is concerned they have a responsibility to provide a safe work environment and owe them for time worked. Nothing more or less. I don't understand the sense of entitlement some workers have. "The company owes me!". For what? Because you came to work? They pay for that every week or 2. Then you call in sick for that extra day of fishing or because you drank too much last night? And they owe you? People need to wake up and realize that they is no free lunch with that. These companies are in business to make money for the owner/owners. Nothing more or less. As a side benefit they provide jobs. What a terrible concept! (Heavy sarcasm!).

Rick
 
The irony of this is large percentage of people own stock. They have 401K retirement plans with mutual funds. No one complains about corporate greed when their retirement funds are increasing.
 
well as a consolation prize Iowa is giving them 17 million in incentives and credits.too bad they cut the money that the citizens might need.but guess thats how it is now screw the people and subsidize the corporations that have billions to buy other companies.
 
When I was in school, back in the dark ages, we were told that there were laws against operating a monopoly, and then there were hundreds of independent brands. If you bought Post or Kellogg they were separate companies. No matter what you bought, groceries, farm supplies or clothing, just about every brand was free standing. Then someone figured out that money talks, and those who should be watching the store, are now standing outside watching the traffic go by, or something, and the number of major companies is shrinking as all the smaller companies are bought up by the conglomerates. Just for an example, check out Con-agra and see how many brand names they own.
 
(quoted from post at 00:53:30 02/20/16) When I was in school, back in the dark ages, we were told that there were laws against operating a monopoly, and then there were hundreds of independent brands. If you bought Post or Kellogg they were separate companies. No matter what you bought, groceries, farm supplies or clothing, just about every brand was free standing. Then someone figured out that money talks, and those who should be watching the store, are now standing outside watching the traffic go by, or something, and the number of major companies is shrinking as all the smaller companies are bought up by the conglomerates. Just for an example, check out Con-agra and see how many brand names they own.

So let me get this straight. You are suggesting that some of the companies should have just been left to die? Because that's what would have happened. Especially with the AG industry in the mid 80's. You think they should have just left Case, AC and IH to wither and die? That's what happens when there is too much competition. Companies fail. By definition as look as these companies have at least one competitor it's not a monopoly. Things change, they always will.

Rick
 

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