
Originally Posted by
William
What do you call job creation?
If they went ahead with there venture they need too ad a new building at there manufacturing facility. They already have the talent to architect it and oversee construction, but they would need to hire construction workers. THey would need specialized equipment to the tune of about $5 million. They would borrow the money, but to get the rate they want they have to put 30% down. To do this requires lots of paperwork and contract negotiation. Their finance department is already swamped, so they might make the decision to hire another financial manager. Once the equipment is in place they will bring over some experienced machinists and operators from the other line, but they need that running at full capacity, so they will hire some new operators. Granted that last part requires customers, but before that there was construction work and several full time positions without a customer's dime.