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Re: Investman432 post# 8110

Tuesday, 06/08/2010 4:43:44 PM

Tuesday, June 08, 2010 4:43:44 PM

Post# of 41931
Again, with deferrence, you should consider the following:

Adlemann Umwelt has been in business for over 30 years. They have approximately 170 employees and according to one source over 100 million Euro in annual sales. Google Maps shows a large building of a minimum of 100,000 square feet. According to their website, They have built over 55 refrigeration processing plants.

So, would you consider Adelmann small?

As for the issue of the land at Caraquet, NB, the company and the Town were very clear on the matter. The French language media reported that the Town provided industrial land to the Company. Everyone agreed that the land was properly zoned except a provincial government employee who said it was a wetland. Even though GS said they have left town, the local government is getting the issue resolved for the the entire area. The dispute is between governments said a Radio Canada report.

I do not see how that was a company "screw up" as you call it. They were trapped in a feud between elected officials.

I have done my own digging and from what I can find, the process makes sense and it has already been done for some time. What appears different than the trade is the supply of goods. To me, they would not disclose everything (if ever) of who they have deals with or not. I suppose the GS people in their meetings with governments and retailers probably figured out that it makes more sense to grab everything they can than just a limited product segment.

A very long time ago, I was in retail. If someone said they could take away everything for disposal rather than part, it would have made my bosses life much easier.

I read that ARCA is doing something similar in PA using GE as a partner with a broader mix than what they are used to.

So, does a broader range of products using newer equipment sound out of line, I do not think so otherwise why would ARCA do it?

The only question is what has GS lined up in volumes. They do not need to tell any one. My guess is that if they ordered the equipment and got a banker somewhere to put up the money, the bank must have done some DD to grant the credit. So, there must be some "proof" of used goods committed to the plants. What, I do not know. Maybe a subcontract for someone else?