The sought-after German waste factory and American factory all closed down three years later, but China General Factory was profitable when it was acquired. Why?

Germany's manufacturing industry has always been very developed, and its technology is also the most widely known. The quality of its products can be trusted by grasping the details. Many factories in Germany are family businesses with a long history. There are more than 800 enterprises with a history of more than 200 years. These families have been engaged in a career for generations, and they are careful and meticulous. However, in business, it is either profit or loss. On the road of the development of the whole manufacturing industry in Germany, because it is difficult to balance the profits and losses of enterprises, some enterprises eventually went bankrupt.

In the last century, Germany's Wadrich Coburg Machine Tool Factory experienced a long and tortuous process from opening to encountering difficulties and finally coming back to life. At the beginning of its establishment, Wadrich Coburg Machine Tool Factory developed very well and even became the big brother of similar enterprises in China. However, due to the problem of management rights, it is difficult for the factory to have a stable development environment. Therefore, 30 years after its establishment, it was heavily in debt, amounting to 3.4 million euros, equivalent to 25 million yuan, and the whole machine tool plant went bankrupt.

1996, an American machine tool factory named ingersoll bought the Wadrich Coburg factory, which gave the factory workers hope to revive the factory. But not long after, not only the Wadrich Coburg Machine Tool Factory was hopeless, but also the American parent company closed down. When Waldrich Coburg Machine Tool Factory was owned by an American company, the competition was fierce due to the problem of technological innovation. Coupled with the long-term deficit, the chances of re-development are slim. So in everyone's skepticism, this machine tool factory was finally acquired by China Beijing No.1 Machine Tool Factory (formerly known as Beiping Machine Tool Factory) in 2005. Under the management of China, the machine tool plant retained its original staff and carried out a large-scale rectification. In just four years, the company not only got rid of losses, but also added a large number of new employees. This German garbage factory, once in debt of 20 million, closed down three years after it was taken over by the United States, but it was continuously developed by China. Even now, it has set a revenue of/kloc-0.70 billion euros, equivalent to more than 65.438+0.3 billion yuan, which makes it

The development of enterprises is not smooth sailing, and the competition of the whole industry is very great. How enterprises survive in such a market depends on how managers lead enterprises to tide over the difficulties. China enterprises can bring abandoned factories owned by American enterprises back to life, which proves that China enterprises have strong management ability and good control over the whole market.