ADMS 1010 Lecture Notes - United Technologies, Construction Engineering
Document Summary
A: inco acquired esb corp (major manufacturer for batteries) and united technologies. Inco also acquire daniel doncaster and sons in 1975 (high stress metal component producer). In 1960 and 70s, inco developed nickel projects in indonesia, Inco also did massive 5 year investment program in canada and completed in 1972. Diversification includes geographic expansion and the new leadership. Inco bought the companies that were not making profits. Also stopped publishing the prices because the competitors would see it. A: his belief that turnaround would be tougher to achieve than the cost-cutting measures. The team dealt with inco"s persistent problem of capital cost overruns by creating an in-house construction- engineering department. Inco continued to act as the industry association for nickel, to promote demand of nickel overall. Inco would collect and publish general market research, organize industry conferences around the world and distribure reports.