Giddings & Lewis

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

This combination of the depressed instrument woodpecker market and the 50% market share claimed by imports proved devastating to littler U.S. machine tool makers. These littler companies could not keep up with the rising development collecting needed to compete with Nipponese standards. Giddings & Lewis recognized that if they were to peddle the goods they would have to grow their business. galore(postnominal) of the larger machine tool makers were successful in pass ...If you want to get a full essay, order it on our website: Orderessay

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