anonymous
Guest
anonymous
Guest
Florence and Clearcastle are closing. Segrate will be sold to another company.
no buyer for Segrate
Florence and Clearcastle are closing. Segrate will be sold to another company.
Once the plant is shutdown and the site is turned back into farm land we might be able to use all that ammonia as fertilizer.Boy, that $50 Mio investment in ammonia chillers is really looking good now, isn't it? Why did Patheon back off?
Boy, that $50 Mio investment in ammonia chillers is really looking good now, isn't it? Why did Patheon back off?
I saw that Irish press is reporting that Clarecastle site will be closed as the sale negotiations failed.
They backed off when they realized they had to also take the FLT as part of the deal for the site and quickly realized they didn't want to take the chance on marrying the pretty girl if they were forced to also take her weirdo family of juvenile misfits...they had a heart attack when they realized that they would have to take along SM, MS, and JH for the ride!! LOL
I can just see the look on the face of the Pantheon leaders when they realized they were being sold a bill of goods with the FLT...they did the right thing and got the hell out of dodge as fast as they could rather than taking on those pinwheels as employees.
They backed off when they realized they had to also take the FLT as part of the deal for the site and quickly realized they didn't want to take the chance on marrying the pretty girl if they were forced to also take her weirdo family of juvenile misfits...they had a heart attack when they realized that they would have to take along SM, MS, and JH for the ride!! LOL
I can just see the look on the face of the Pantheon leaders when they realized they were being sold a bill of goods with the FLT...they did the right thing and got the hell out of dodge as fast as they could rather than taking on those pinwheels as employees.
Spoke with an executive I know at a company who evaluated buying RCI and he said it was so high cost to operate that it didn't make financial sense to buy it. You couldn't make money even if you cut some of the costs out. Chillers are an out of this world cost, too many buildings to maintain and pay tax on, too many people especially in all of the roles added over the last couple of years, and many of the people are paid above the market price for their role in this region (paid California rates in the SE region). Production people are paid appropriately but basically you'd have to gut the staff, close admin and engineering, and change out the chillers. The first two are easier to do but the chillers are a big problem. Hmm, who proposed those chillers as the right way to go and who approved that decision? That decision went up above RCI management that's for sure.
LMAO! That was funny but hit the mark! Y ou're probably right! Those FLT pinheads will wind up getting a nice separation package but at least the only thing they'll be in charge of is trying to find a new job, and nobody in Florence will want to hire those wackadoodles.
They backed off when they realized they had to also take the FLT as part of the deal for the site and quickly realized they didn't want to take the chance on marrying the pretty girl if they were forced to also take her weirdo family of juvenile misfits...they had a heart attack when they realized that they would have to take along SM, MS, and JH for the ride!! LOL
I can just see the look on the face of the Pantheon leaders when they realized they were being sold a bill of goods with the FLT...they did the right thing and got the hell out of dodge as fast as they could rather than taking on those pinwheels as employees.
A couple of facts on the chillers. These had been pushed by Basel for multiple years and some of the prior Leadership Team resisted. A simple cost calculation of the units showed increase cost to operate and maintain plus the $ 50 M USD would add between $ 2.5 M and 5 M annually to the Site Expenses (through depreciation). An amount the site clearly could not afford. Also ammonia was not and is not used frequently in the US for chillers so the experience base for installing and operating the units was minimal. As a compromise and stall - a small unit was installed out by the Entrance to be able to say something was done. This unit performed as expected - it could not keep up with the heat in the summer or the physical space just in the Visitor's Center. Several do-overs ensued.
Once the non-technical and non-financially aware new Site Head JDP came in, the awareness of just how bad the chillers would be from a financial and operational aspect was lost on her. Add to this, JH really wanted to do a big investment project to distract from the forged Maintenance records and the overall problems in his area. So there was no one left to point out the problems or to ask the hard questions.
For a simple comparison, $ 60 M USD bought us the 3000 gallon mpu which DOUBLED our capacity and increased our flexibility. This quickly paid for itself with Tamiflu production. The $ 50 M USD Chillers bought us lower reliability, increased operating costs and a huge annual depreciation cost. (an employee who knows what happened)
Obviously written by an FLT member...You are busted, Michael Space!
Roach? Are you being ironic? Otherwise, this is pathetic.there any several companies out there interested in florence and clarecastle but roach wont sell. why is that? i dont buy the roach line, that these are not reputable companies. why patheon or no one?
you may be right...or maybe even JH or SM...but definitely an FLT member who wrote it
So many questions.... The site was ready to be sold and it was Swiss management that screwed up the deals. JDP had a new product in the site so why does she keep being brought into this. That was a year ago y'all! She did great things for this site and your numbers are way off. You clearly know nothing like the fact that the site was continuing to pay for previous blunders like Boulder. Your conspiracy theory snd all the personal rants are just lies. Jami's husband never played golf, he played basketball with us " low lives" as you like to call us. Yeah, we drinkin from the cool-aid. She's the best thing that ever happened for the site snd yes she's helped many who wanTed the help get jobs on the left coast. You must live a very sad life, for us in Mfg we miss her and still wish she'd come back. We like that she participated in the community and raised $ for the Schools. We gladly supported her. No one ever felt forced. That's crazy man. If she had to, she would have gotten the deal done. That's a fact!
Let it go and let the site move on.