Thor/Heartland buys out DRV
Heartland buys DRV Wonder what the changes will be?
Forum Discussion
Bipeflier wrote:
No one spends $47 million and "leaves them alone"!
In the beginning the key management positions will be transitioned and as time goes on this will trickle down either by design or by the "old guard" folks leaving on their own. I've seen this several times in my career and typically the really good folks leave fairly early for better jobs rather than seeing "their" complany go down hill.
No don't get me wrong, Thor will not intentionally reduce the quality level of ther DRV units but as they dictate cost saving goals (which have an impact on their bonus) the quality will slowly degrade until customer complaints start costing more than the savings, or sales go down.
As when Emerson Electric bought out Skil tools, now is the time to buy before the changes start. Remember when a Skil saw was all you would see at a construction site? Ain't so now!
"IF" "cost savings goals" are implemented, I would to willing to bet that QUALITY and craftsmanship WILL take a hit...DRV already has a great reputation, Thor will work off that and probably cut back slowly, but surely...bottom line is "money made", not necessarily Customer Satisfaction:R
