chevdawg, the genius of the FT deal is obvious. for starters, their margins are huge. by my calcs, probably well north of 20%. and we get to buy them as a fully developed, high-growth business. they've already invested heavily in capacity and are positioned to capitalize on it. and since we're not going to be relocating the business to TX it expands our footprint and drastically reduces integration costs. FT is free to keep doing what they do best: making money. meanwhile, they can also begin introducing DPDW's products to their existing clients. in turn, deep down now has a line on buoyancy for all our customers throughout the world. these synergies here are quite exciting imo.
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