WEB OFFSET REPORT -- Looking to Offset Losses

It is certainly true that there are many economies to be gained by merging companies together, but there are also many drawbacks. Money is spent on the acquisition of plants and not on new equipment, technology and innovation. The result typically is a collection of plants with aging equipment, incompatible business systems and disparate cultures. Most of the successes in our industry have come from companies that have focused on their market niche and grown their businesses internally.