Reborn Tycoon Rise
Chapter 236 Visiting Mark Company
the next morning:
Xu Zhi rubbed his eyes and woke up. Looking at the beauty next to him who had woken up, he smiled and said, "I learned the dance steps last night pretty well, right?"
Xiao Qing said: "Not bad, do you want to go out to play today?"
"Go out? What fun is there in going out?" Xu Zhi chuckled.
Xiao Qing opened her hands that were moving around and said, "You'd better do your business."
"What? Do you have no problem at all?" Xu Zhi asked casually without stopping.
"What should happen will naturally happen, right?" Xiao Qing said helplessly when she saw that she couldn't stop Xu Zhi.
Xu Zhi asked: "How long does it take for you to graduate?"
Xiao Qing said: "I will graduate next year, but I should be able to go to work at the beginning of the year."
Xu Zhidao: "That's good. You can come to Xiangjiang. I have many companies, and there is a place where you can show your value."
"Are you just going to work in Xiangjiang?" Xiao Qing asked seemingly casually.
"You can be the boss even if you don't work." Xu Zhidao said: "We'll talk about boring things later, do some interesting things first..."
"Stop making trouble, I was exhausted yesterday..."
"There are only tired cows in this world, and there are no damaged fields..."
…
…
…
Zhang Zhongmou's resignation naturally does not require Xu Zhilai to worry about the details. Even though Deyi knows everything, the current semiconductor industry is completely a buyer's market. It is impossible to say anything in front of big customers, not to mention the infighting among the top management. Many people are eager for Zhang Zhongmou to resign as soon as possible. leave.
While visiting Dallas, Xu Zhi bought a medium-sized ranch, about 200 acres, with more than 1,000 cows. However, Xu Zhi mainly liked the environment here, with mountains and water, and it was a place where he could occasionally relax. Global agriculture is now at a trough. If the return on investment were not too low, he would like to buy a large amount of land.
After leaving Dallas, Xu Zhi immediately flew to Allentown, Pennsylvania, where the headquarters of the famous American truck company Mack Trucks is located.
Faced with an intermediary commission that could be tens of millions of dollars, Goldman Sachs was extremely efficient. The day after Xu Zhi proposed the acquisition, he conveniently contacted the management of Mack Truck Company to discuss the acquisition.
The Mack truck was born in 1900. Its famous symbol is the golden bulldog statue on the front of the truck. As early as 1916, Mack launched the famous AC truck during World War I. The U.S. and British armies ordered more than 6,500 units. With its durability, , strong performance characteristics, welcomed by the Allied forces.
After decades of development, the company is one of the top ten heavy-duty truck sponsors in the United States. It has a large truck assembly workshop and engine and transmission assembly workshop in Allentown. In 1979, the company's truck sales exceeded 1.2 Ten thousand units!
General Manager Jim Leighton was also quite surprised by the sudden acquisition. Although there were not many mergers and acquisitions in the truck industry, they happened several times every year. However, this was the first time for a pure capital merger, and it was still foreign capital.
"Mr. Xu, welcome to Mack Trucks!" Jim Layton greeted with a smile at the door of the company.
Xu Zhi shook hands and said with a smile: "Hello, Mr. Layton."
The two quickly entered the office building. At the front desk, a half-human-tall bulldog statue grinned, and the golden metal material around it looked extremely domineering.
After visiting the Mack truck assembly line, Xu Zhi and Jim came to the president's office and had a private discussion.
Although Jim is an authentic American, he likes tea ceremony very much. After struggling for a while, Jim handed over a cup of tea and asked: "Mr. Xu, I am very curious, why did you want to acquire Mark Company?"
Xu Zhi replied: "If I said that I was optimistic about the development of the truck industry, Mr. Layton wouldn't believe it, right?"
Jim replied: "I really don't believe it. In the past few years, the oil crisis has erupted continuously, oil prices have skyrocketed, and the economy has declined. The entire heavy truck transportation industry has been hit. Of course, truck manufacturing companies like ours have also been affected. In addition, now the United States The government’s requirements for the environmental protection parameters of engines are getting higher and higher, and I don’t think the truck industry will recover within a few years.”
"You're right." Xu Zhi said with a smile: "But then again, it will only take a few years. The economy will definitely recover in the future, and the sales of Mack trucks will naturally increase by then."
Jim asked: "Then what is the purpose of Mr. Xu's acquisition? Is it to be resold at a high price after a few years?"
"Of course not. I acquired Mark just to make this company bigger and better." Xu Zhi said: "Mr. Leighton also said just now that the U.S. market will be difficult to recover within a few years, but it can be fully restored outside the United States. no the same.
From the beginning of Mark's establishment, the main market has been the United States. Europe's laws and policies are not suitable for the sales of heavy trucks in the United States. However, Asia is now an undeveloped land, especially China, which has just reformed and opened up, and economic development will inevitably require a large number of This is the main reason why I like Mack trucks. "
"The Chinese market?" Gene said: "This matter has actually been discussed within our company. However, I heard that General Motors and the Chinese government were negotiating to cooperate in building a factory some time ago, but there are many problems. Recently, the GM board of directors has The plan was rejected.”
"That's just because General Motors is too idiotic." Xu Zhi said with a smile: "This is a once-in-a-century opportunity, and it was actually rejected."
People in later generations will know that Volkswagen was the first joint venture car to enter the domestic market, but as early as 1979, it was General Motors that was the first to negotiate cooperation with domestic high-level officials, and the later famous joint venture policy was also proposed by General Motors. The negotiations went very smoothly at that time, and GM's negotiating team had basically reached an agreement with the central government. However, the cooperation plan was rejected by the board of directors. This is probably the biggest mistake of this American company.
Gene asked: "Mr. Xu, if you acquire Mark Company, will you also prepare to build a factory in China?"
Xu Zhi nodded and said: "That's what it means. Mark's most famous product now is heavy trucks, but it also has its own technology accumulation in ordinary trucks. This kind of vehicle is not suitable for the United States now, but it is very suitable for China and other Asian countries.
I intend to build a truck factory in China to develop the local market. If possible, I will also invest money to enter the field of agricultural vehicles and other models. Of course, I will not give up the market here in the United States. I know Mark The company's funds are relatively tight. If I can successfully acquire it, I can invest another 50 million US dollars in new technology research and development, and there will be no layoffs in management or employees. "
The most troublesome thing when acquiring an American company is whether it will involve layoffs. If it is a car company, it is even more important to check whether its union is the UAW. If so, even if Xu Zhi does not plan to lay off employees, he will not touch such a company. Fortunately, Mack Trucking has its own union and has nothing to do with the UAW.
Jim thought for a while and nodded: "If this is the case, there is no problem on my side, but I still need to convince other management. As for the shareholders, this requires Mr. Xu to operate."
Xu Zhi smiled and said: "No problem, then I hope we can work together as soon as possible to bring Mark's brand to all markets around the world!"
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