The best machine builder in the world was Beloit. The fish eater government owned part of Metso and helped them sell below Beloit cost, to effectively bankrupt Beloit. Then they came in to the bankruptcy auction and bought the intellectual property of Beloit. The US government should never have allowed the sale. It gave them a virtual monopoly on paper machinery, much to the dismay of paper companies.
fucking disaster to lokomo crusher=(
jistuss 2 years ago
The best machine builder in the world was Beloit. The fish eater government owned part of Metso and helped them sell below Beloit cost, to effectively bankrupt Beloit. Then they came in to the bankruptcy auction and bought the intellectual property of Beloit. The US government should never have allowed the sale. It gave them a virtual monopoly on paper machinery, much to the dismay of paper companies.
arthur1957 3 years ago
Metso, the story of how the finnish government financed us!
arthur1957 3 years ago
did they ?please do tell more
rustyrooster1 3 years ago