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RichieBoy

09/12/08 6:16 PM

#1312 RE: Makamai #1311

According to previous governance MAK Florida was next

in line for a new Magnum recycling plant as I recall. I got the impression at that time that Magog would need to display validity of the technology to make the projected revenue before Florida sprouted it's wings. I have not heard a whisper out of management since the Florida plant was alluded too. With China it appears a vastly more potent subject. China does have recyclers they also have some extremely enterprising car companies Diahatsu and newer companies all needing to trim expenses to be competitive.

Enter the TPE plant in Magog. The Magog model appears to have a lot of expansion plans riding on it's proven success. Florida China no doubt Tata out of India would relish in some cheap injection moldings also. Don't forget GM who make a lot of cars in Oakville Ontario and all around Quebec and Ontario provinces is a major line of industries building cars and parts (Magna eg) for the North American car consumer.

Expansion is a tricky juggling act if it's to be successful so I don't know where or when the Chinese expansion plans come into play but I hope your right about Chan, very plausible connection for sure.