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To: central_va

The classic example is Mr. Coffee. Some VC funders bought the company in a leveraged buyout. Shut down the factory in Ohio and moved production to China. With the money that saved, they quickly paid off the debt. Bingo, got themselves a free company.


275 posted on 04/28/2016 11:32:03 AM PDT by Buckeye McFrog
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To: Buckeye McFrog

Just “jobs Americans don’t want” according to some people (who never get their own hands dirty and can’t imagine taking a job that does).


293 posted on 04/28/2016 12:03:43 PM PDT by Pelham (Trump/Tsoukalos 2016 - vote the great hair ticket)
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