Giddings & Lewis

Essay specific features

 

Issue:

Business

 

Written by:

Allison C

 

Date added:

September 27, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 880

 

Was viewed:

5370 times

 

Rating of current essay:

 
Essay content:

firms. Also, U.S. auto manufactures investments had fallen well below previous historic levels. This combination of the depressed machine tool market and the 50% market share claimed by imports proved devastating to smaller U.S. machine tool makers. These smaller companies could not keep up with the rising development cost needed to compete with Japanese standards...
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Many of the larger machine tool makers were successful in offering flexible machining centers that were custom engineered for the customer. Cross Trecker was well known for their name in transfer lines, milling machines and machining centers and provided an opportunity in this area if acquired. Thus, acquiring them would make Giddings & Lewis a "full-line" machine tool company and would give them established alliances and production facilities in Japan and Europe to help them better compete...
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