To: sandintoes who wrote (56886 ) 4/25/2003 7:16:33 PM From: CVJ Read Replies (2) | Respond to As a matter of fact, they did. About the time I had been there four years, they closed the San Francisco headquarters and built a new (in 1981) $200,000 office building on our site to move into. Unfortunately for the private stockholders, the new president managed to get the company to pay over $400k for said $200k building and shortly thereafter moved into a nice $200k house. I guess the other owners considered it a bone-us payment because nobody complained except we non-ranked employees who considered our contribution to the company's growth to be worth more than the 3 to 5 cents an hour raise we received that year. Between the management's "skills" and the resentment/attitude of the employee's over the next five years, the company was sold to the giant in our industry. But even they could not make a silk purse from a sow's ear. Four more years and the product engineering (my original area) and manufacturing functions were transferred Canadian and Mexican facilities. Another year later and the sales/order desk (my last area) was eliminated. Today the western regional administrative functions like payroll and personnel are all that is left. From 150 employees and 165,000 sq. ft. of manufacturing and warehouse space on 14 acres to 5 employees in a rented 1200 sq. ft. office.
