SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Zenith - One and Only
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rich Dondo who wrote (4341)2/3/1998 12:22:00 AM
From: Robert Utne  Read Replies (1) of 6570
 
Why not San Antonio?

By relocating Zenith headquarters and Technical Center from Chicago to San Antonio and moving the Melrose picture tube plant to Tamaulipas or Chihuahua, Mexico, every Zenith employee will be no more than a drive away from any Zenith plant.

Presently, with the exception of picture tubes, Zenith manufacturers all its products in various Mexican towns (all near the Texas border).

Also, it appears to make no sense for Zenith to have a separate distribution center in Ontario, CA. Fort Worth (DFW) appears sufficient.

By moving to Texas, Zenith could reduce its payroll by approximately 50% (relying on more affordable Mexican labor, the most cost-effective in the world, according to several reports) and its travel costs by about 80% (travel costs normally are the third largest corporate expense).

Besides, aren't these world-class engineers and other key employees getting tired of the bleak Chicago winters?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News