Chapter 483 The Heir of the Boston Consortium
Chapter 483: The Heir to the Boston Consortium
At noon, Fan Heng and other important leaders in the province entertained Dr. Lawrence Heimer, vice president of the Boston Consortium from the United States, at a store directly under the provincial government.
The Boston Consortium is also one of the top ten consortiums in the United States, ranking fifth overall, and one of the oldest monopoly consortiums in the United States.
It was formed by the Lowell, Lawrence, Adams, and Lodge families in the Boston area who made their fortunes from the slave trade in the 19th century, and the emerging Kennedy family.
At that time, these families invested the huge amounts of funds accumulated from overseas colonial plunder in commercial banks, insurance companies and investment companies, and relied on these financial institutions to provide funds to operate textiles, tanning, shoemaking, clothing, food and chemical industries. and other light textile industries.
As the textile industry developed into the early 20th century, several Boston families who had intermarried with each other for generations formed the Boston Consortium with the First National Bank of Boston as the core.
In addition to banks, the Boston-Turkish consortium also owns four well-known insurance companies, but the Boston consortium's strength in industrial and mining enterprises is not as strong as the large Eastern consortium. The industries it controlled were originally mainly the light textile industry. Since the 1950s, the scientific research results of MIT have been used to develop emerging technology industries, and the industry has shifted from the light textile industry to the development of electronics, optics, space, missiles and other aspects.
For example, the Texlon Company it controlled merged with many small and medium-sized companies after the war and became stronger. Its business direction also shifted from the light textile industry to the aerospace industry and electronics industry, becoming a diversified company with more than 70 subsidiaries. It not only manufactures aviation and aerospace products, various electronic components, aircraft parts, but also operates watch bars, furniture, poultry and other industries. One of its affiliates, Bell Helicopter, manufactures helicopters for the Pentagon and foreign countries.
The Boston Consortium has superior technical capabilities in emerging technology industries. The scientific research results of famous universities such as Harvard University and MIT have effectively promoted the development of cutting-edge industries in the Boston area. Its subsidiaries, Textron Corporation, Raytheon Corporation and Polaroid Corporation, have experienced rapid economic growth due to the stimulation of emerging technology industries.
Politically, the Boston Consortium and the Kefeller Consortium supported JF Kennedy for president. Kennedy took over the White House and won a large number of military orders for the Boston consortium, which aroused strong dissatisfaction from the Morgan consortium. Therefore, Kennedy's assassination dealt a great blow to the Boston Consortium, causing its position in the competition with other consortiums to continue to decline.
Dr. Rousheimer is the direct heir of the Lawrence family. He is only in his thirties and is relatively tall and handsome. The amount of assets to his name has exceeded 500 million US dollars. He is still single and is considered relatively famous in the United States. He is a diamond king, especially because he has had scandals with many female stars in Hollywood, so he has always been a hot figure in fancy magazines.
There were more than fifty people in the inspection group brought here by Lawrence Heimer. They mainly wanted to inspect the current situation of the textile industry in Jiangnan Province.
See if there is a possibility of in-depth cooperation. After all, the Boston Consortium has a strong advantage in this regard. After the textile enterprises in Jiangnan Province were integrated with Jiangnan Woolen Mill. It is making great strides towards the goal of becoming the domestic textile leader. There is a basis and necessity for cooperation between the two.
Fan Heng and other leaders of Jiangnan Province also welcomed the arrival of Lawrence Mo and his party. Jiangnan Province is now on the road to rapid development. Attract more foreign investment and absorb more technology. All are very helpful, especially the textile industry which has always been a traditional project in Jiangnan Province. The technical advantages of the Boston Consortium in this area should be continued to be promoted. For the textile industry in Jiangnan Province to take off. Significant.
Lawrence Heimer had higher hopes for this trip. Because before he came. I think Jiangnan Province is the same as some other mainland Chinese provinces. The desire for foreign investment is very keen. They can achieve their goals very easily. Invest some money. Obtained controlling interests in major textile factories in Jiangnan Province. Then these textile companies, which contain more than 200,000 employees, were transformed into their own production bases in mainland China.
But after they visited Jiangnan Woolen Mill. I just found that my starting point seemed to be a bit too high.
At present, Jiangnan Woolen Mill has abundant funds. Since the implementation of debt-for-equity swaps. Jiangnan Woolen Mill received Fan Wubing's capital increase. There is no longer a problem in this regard. And in terms of production equipment. We have also just introduced cash textile machinery from Germany. And some blending technologies were introduced. Many high-end fabrics can already be produced. And it works great. Not only meets the needs of the domestic market. Sales have also begun overseas.
Under this situation. Lawrenceheimer found that his original thoughts needed to be adjusted. Now it is not possible to seize the textile industry in Jiangnan Province by spending money. If you want to achieve your goals. The only way to start is from the provincial government. Try to persuade them to enter into a joint venture. Get a controlling stake. Ran
Follow your predetermined route.
So at the reception, Lawrence Heimer raised this question, "Dear Governor Fan, can our Boston consortium acquire Jiangnan Woolen Mill?"
"I'm afraid this is difficult." Fan Heng frowned and replied, "Jiangnan Woolen Mill was originally a state-owned asset. Later, due to poor management, it was on the verge of bankruptcy. Fan's Investment Group proposed a debt-for-equity swap and cooperated with the provincial government to become Jiangnan Woolen Mill is the largest shareholder and the controlling shareholder. If you want to acquire it, you can choose other companies, but Jiangnan Woolen Mill may be difficult to acquire. "
"Why? Can't your provincial government exert a certain influence?" Lawrenceheimer asked, "In return, we can provide a preferential loan to the Jiangnan Provincial Government, such as US$500 million or more, for The economic development of Jiangnan Province, such as the construction of highways.”
Lawrenceheimer felt that his suggestion was very good. If officials wanted to be promoted, they needed political achievements. At present, what China needed most was to introduce foreign investment. He put such a large sum of money in front of Fan Heng. He had no reason to object. of. As for talking about state-owned assets and the like, that's just talk. He believes that the provincial government has many ways to properly solve this problem.
However, Fan Heng's reaction was obviously beyond his expectation.
"Mr. Lawrence was joking. It is inconvenient for the provincial government to intervene in business activities." Fan Heng said with a smile. "The provincial government can only provide some conveniences in terms of policies to help enterprises develop. For example, the Jiangnan Woolen Mill is now owned by Fan Heng. The investment group is operating. If you are interested, you can negotiate with them or reach a consensus."
Then Fan Heng added, "Actually, the Jiangnan Provincial Government mainly hopes to introduce advanced technology so that the textile enterprises in Jiangnan Province will be more competitive and participate in the international market competition. Therefore, we hope to gain in fabric design." Some help, rather than simply expanding the scale of production and turning Jiangnan Province into a pure production base."
After listening to Fan Heng's words, Laurence Heimer discovered a problem. The provincial governor in front of him was very different from many officials he met in China. He seemed not very interested in introducing funds, but focused more on The introduction of technology is really an unexpected discovery.
But then, my plans will change.
Moreover, I don’t seem to know very much what Fan’s Investment Group is.
Lawrence Heimer thought to himself that after he went back, he would find someone to investigate who was running this Fan Investment Group. Only by knowing yourself and the enemy can you win every battle. He took a sip of the white wine in his glass and felt the unique Chinese wine culture. , and then his eyes lit up, and he saw a beautiful woman who looked very elegant walking over.
"Governor Fan, I have your new document, which is from the National Flood Control Headquarters." Song Qing said in a low voice to Fan Heng, who was drinking with his guests.
"Well, I'll go take a look. You stay here with them." Fan Heng nodded and left the table.
Song Qing greeted everyone present, then invited everyone to eat as they pleased, and arranged for the kitchen to serve special dishes from Jiangnan Province quickly so that these foreigners who had never seen Chinese food could have a try.
Lawrence Heimer's eyes were a little dull since he saw Song Qing, or it could be said that they were like iron nails attracted by magnets, rotating with Song Qing's figure.
Speaking of which, Song Qing is not stunningly beautiful, but she has a very elegant appearance. Especially after Fan Heng has been training in the officialdom for a period of time in the past few years, she seems to be neither humble nor overbearing, and has an excellent sense of proportion. She also has a deputy department-level position, which has enabled her to break away from the immaturity she had when she just graduated and become a professional woman with elegant temperament.
Therefore, Lawrence Heimer, who was used to hanging out among the flowers in Hollywood, was a little fascinated after seeing Song Qing.
"Qiu, who is that beautiful lady?" Lawrenceheimer asked the interpreter beside him.
The translator surnamed Qiu glanced at Song Qing, and then at Lawrence Heimer, who looked anxious. He felt very contemptuous in his heart, thinking that this foreign devil just has no cultivation, no patience at all, and he has no patience at all. He didn't understand the reason why his face remained calm despite the collapse of the mountain, so he replied, "This is Deputy Director Song Qing of the Provincial Government Office and Comrade Fan Heng's secretary."
"Oh, beautiful female secretary." Lawrenceheimer nodded. He didn't know what rank the deputy director of the provincial government office held, but seeing that Song Qing was not old, he should be an ordinary white-collar worker, right?
The second update is delivered today