Giddings & Lewis

Giddings & Lewis 1) What forces are motivating Giddings & Lewiss absorb in Cross Trecker? There were some(prenominal)(prenominal) motivating factors for Giddings & Lewiss interest in Cross Trecker. The US Machine shaft of imperfect Industry was undergoing significant changes in the markets that Giddings & Lewis had dominated for several years. In 1985 Japan was selling machining centers to many U.S. customers at prices that were as low as half that of U.S. firms. Also, U.S. auto manufactures investments had fallen wholesome below previous historic levels.

This combination of the depressed musical instrument tool market and the 50% market share claimed by imports proved devastating to small U.S. machine tool makers. These littler companies could not keep up with the rising development aggregation needed to compete with Japanese standards. Giddings & Lewis recognized that if they were to show the goods they would have to grow their business. Many of the larger machine tool makers were successful in offering ...If you want to get a full essay, order it on our website: BestEssayCheap.com

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