Quote:
Originally Posted by ASAP
manufacturing but owned by private equity
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There is your problem "Private Equity" they are only interest in pulling out any cash they can. There are PE firms who go around and buy up various businesses and hopes they can skim off profits when times are good then shut it down when times are bad. Right now its good to be in Manufacturing, lots of stuff coming back from Asia. Only time it could be good is when the original owners are kept around, but most times there are not. I Works with lots of manufacturers in the US and do not like the one where they are own by PE. I rather deal with owners who work in the business or a really larger company who knows what they are doing.