Originally Posted by ShortMagFan
So basically they made sound business decisions for themselves.

Knowing a little bit about operations, marginal costs, contribution margins etc. there is absolutely no way that McMillan was turning a profit on their lower volume, more obscure work.

So they had a choice when looking at unprofitable parts of their business - either shelve the molds and stop offering those unprofitable combinations, or raise prices to the point of making them profitable. I can only imagine the meltdown on the campfire if they raised prices on their lower volume, more obscure work to try to turn a profit.

Some of you will undoubtedly say the McMillan family did it - but capitalism is part of what makes america great and when you buy a business for a certain price, it is yours to manage as you please, including running it in a way to turn the profit necessary to justify what you paid for it.

Last i checked businesses don't exist to make your life easier by making an obscure stock at a loss. They exist to make a profit for their shareholders. If Beck has concluded that focusing on larger volume patterns, inlets and dealers is the best way to maximize value of the business, more power to him from my point of view.

If there is a void left behind that is worth filling, capitalism suggests someone will fill it.

PS - so what barrel maker do we expect Beck to buy?


Yes, it went from a family owned company, to a venture capitalist which increased prices and cut products.


Just like what we all like about American Capitalism..
Going from local stores, to Wallmart behemoths or other chains, that imports cheap foreign [bleep], so we don't have to pay higher prices for goods made by American workers.


.


The US in the last 40 years:

Socialism for big corporations and military industrial complex

&

Rugged individualism for the individual.