Will Vestas be taken over by Mitsubishi?
The two companies are in "strategic" talks, and since the wheels are coming off Vestas, whose heavily subsidized U.S. sales offices are in Portland for the moment, Mitsubishi seems the likely survivor if the two companies are combined. Mitsubishi's U.S. power equipment operations are headquartered in Lake Mary, Florida -- near Orlando.
| Posted at 2:25 AM | Permalink |
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Comments (7)
I hope this works out better than their first headline grabbing introduction of Mitsubishi products into the USA. It was such a disaster that many Americans started shooting at them, and killing people, because of all the damage they caused.
I suspect that even George Bush shot at them with machine guns.
Thanks
JK
Posted by jim karlock | August 28, 2012 3:14 AM
I recently met an employee of Vestas. After acknowledging the obvious corporate blunders, he say "things are looking up". He didn't seem to be naive or stupid. One wonders what's going on behind the curtain.
Posted by David E Gilmore | August 28, 2012 5:59 AM
Jim I think you zeroed in on that problem.
Posted by Evergreen Libertarian | August 28, 2012 8:38 AM
Is Lake Mary close to where OHSU shipped all those bio-tech jobs?
Posted by Steve | August 28, 2012 8:49 AM
Steve,
Exactly what I thought! Maybe they can form an alumni group for companies that scammed Oregon for millions then moved to Florida?
FleeceOregon.com
Posted by Mister Tee | August 28, 2012 9:04 AM
Yep, OHSU has been a big boost for St .Lucia Florida
http://www.vgtifl.org/
The Grand Opening had some special speakers too.
http://www.vgtifl.org/vaccine-and-gene-therapy-institute-of-florida-grand-opening-ceremony-slated-for-february-29-2012.html
"Joe Robertson, Ph.D. , President Oregon Health & Science University (OHSU); Daniel Dorsa, Ph.D., Vice-President, Research, OHSU and President, Board of Directors, VGTI Florida"
Bio Ball
http://www.vgtifl.org/dynamic-trio-to-lead-vgti-bio-ball.html
Posted by Bio Ball | August 28, 2012 11:39 AM
Looks to me as the deal is done. Do we need to gift wrap it?
http://finance.yahoo.com/echarts?s=VWDRY+Interactive#symbol=vwdry;range=5d;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
Posted by Abe | August 28, 2012 11:47 AM