Doom2
Well-Known Member
Oh how this capitalism system works! And sometimes doesn't. All too often a small startup or family owned company with excellent products or services ends up being bought up by a larger competitor or private investment firm. The focus then becomes shareholder driven not customer driven. One of the biggest examples was what AMF did to Harley Davidson in the 1970s and early 80s. More recently Cererbus and Remington. The list goes on and on.
Ultimately, when shareholder equity becomes the driving force for corporate decision making the customer will ultimately be the loser in the end.
Ultimately, when shareholder equity becomes the driving force for corporate decision making the customer will ultimately be the loser in the end.
. The announcement stated 2025 launch and that is impossible unless they have machines, tooling etc to bolt down in a manufacturing plant. Plus, was TC in separate facility? Impossible to get environmental permits for a new enterprise in this short timeline for 2025 launch plus having production lines meeting QC requirements. You cannot install new equipment unless permits are approved prior to equipment arriving on site. So IMO, it is likely the sale was purchase of a facility which is simply a name change. This makes sense from environmental permitting requirements. This allows complete re-evaluation of products, production lines efficiency, design, engineerIng, marketing etc. A 2025 launch becomes doable.
