Reborn Tycoon Rise

Chapter 96 Rockefeller

After New York, Xu Zhi visited Philadelphia, Detroit and Chicago.

When we returned to Los Angeles, it was already May 25th. The first batch of arcade machines shipped from Xiangjiang had arrived at the shipping port a few days ago. Although the big boss Xu Zhi was not here, several employees of Midea's U.S. branch The customs application documents were being processed in an orderly manner. When Xu Zhi came back, 20 containers had already departed from the customs and were transported to a large Midea warehouse in southern Los Angeles.

In the late 1970s, due to the oil crisis that broke out a few years ago, global economic inflation was severe. Due to rising costs and multiple strikes by labor unions, American industry began to move to Asia and South America on a large scale. A large number of storage warehouses were ruthlessly abandoned. Xu Zhi bought a large warehouse of more than 8,000 square meters for only US$10,000.

Why is it so cheap? This is actually the same as when Detroit went bankrupt in 2009 and house prices fell to one dollar. But houses in the United States have to pay taxes: national taxes, local taxes, real estate taxes, etc. Such a large warehouse cannot be rented out, and the taxes have to be paid every year. It is a large amount of money, and it is much better to transfer it out at a low price, or even for free, than to keep it in your hand and pay taxes.

But this is really just a warehouse with nothing in it. After Midea bought it, it spent tens of thousands of dollars on repairs and basic investments in the entire warehouse.

All arcade machines are surrounded by wooden boxes with anti-impact foam inside. These arcade machines will be shipped to their bases in accordance with Xu Zhi’s agreement with several major dealers.

Looking at the wooden boxes standing in front of him, Robson was very excited as if he was seeing a piece of jewelry. However, when he thought that he only had a small part of it, he couldn't help but feel distressed: "Eric, I think you should mass-produce arcade machines." , the order of 120 units you gave me was sold out half a month ago, I can guarantee that the sales of this Xiangjiang Cube will not be lower than that of Space Invaders!"

"The company in Xiangjiang is already at full production, but because we are a new company, the reserve of skilled workers is not enough, and it will take some time to hone." Xu Zhi replied.

Robson said: "Have you considered building a factory in the United States? Although labor here is more expensive than in Xiangjiang, as soon as it is produced, it can be sold immediately. Compared with a month wasted at sea, this saves more time and cost. A good deal.”

Xu Zhi refused: "The time cost is indeed cost-effective, but what I am worried about is not the labor force in the United States, but the labor unions!"

In fact, whether it is the 1970s or the 21st century, the biggest problem plaguing American business owners has never been labor costs, but the huge labor union system in the United States.

American manufacturing is not dying from costs, but from unions!

Except for labor-intensive industries such as textiles, clothing, or electronics, other industries don't actually care much about the high wages in the United States, because taxes, water, electricity, and energy here are very cheap, and the United States is the largest market in the world. Building a factory in the United States will also earn back the logistics and payment costs, which are enough to offset the labor.

But the union is indeed an eternal headache. In later generations, the three most powerful automobile companies in the United States played a decisive role in the U.S. economic system. At its peak, one General Motors consumed 10% of the steel in the entire U.S. market. But the enemy is even more powerful. The union is in The companies were defeated in strikes after strikes. In the end, several major companies survived until 2009, and two of them fell out of three!

The reason why labor unions are strong is because they have so many members. Top-down elections in the entire United States, from the President of the United States to local congressmen, require the votes of hundreds of millions of labor unions. It is not the strength of labor unions, but the votes of the United States. The system has resulted in any group with a large number of people having strong political power.

Robson naturally knew the situation of the union and said helplessly: "Yes, but it is not good if the production capacity is insufficient. I know several companies that specialize in electrical appliance assembly. If Midea's production capacity is insufficient, you can give the order to them. Such production matters You don’t need to worry about it anymore.”

Xu Zhi agreed: "Okay, I will consider it."

I just agreed first, and whether it would work or not would depend on the subsequent price negotiations. After all, Robson had helped me a lot with my recent activities in the United States, so I still had to give him some face.

In the distance, the sound of cars slowly came from near to far.

A total of three luxury cars came, with Cadillacs at the front and back, and a Rolls-Royce in the middle.

Seeing this luxury car, Xu Zhi couldn't help but feel a little confused. Just the day before, Xu Zhi received another call from Tom at the hotel, saying that he had important matters to discuss, and also specifically asked to bring an important guest over.

Xu Zhi couldn't figure out what this guy meant, so he made an appointment to meet at the warehouse at noon today. Now a Rolls-Royce has arrived, and it seems that he is the so-called guest.

The door of the Rolls-Royce opened and Tom stepped out. Behind him was a middle-aged man wearing a suit with half-gold and half-white hair. He behaved elegantly and smiled slightly when he saw Xu Zhi and others.

Tom and the middle-aged man walked up to Xu Zhi and others. Tom introduced: "Eric, this is Mr. Reading Rockefeller."

"Mist Rockefeller, this is the Eric Xu I'm talking about."

"Rockefeller?" Xu Zhi asked involuntarily. In the entire United States and even the world, this name is a symbol of wealth. Now a super wealthy man sitting in a Rolls-Royce suddenly appeared in front of Xu Zhi, and his surname was Rockefeller. One has to relate a possibility.

Tom said: "Yes, it's Rockefeller!"

"I didn't expect to be able to meet someone from the Rockefeller family. I'm really lucky to meet you!" Xu Zhi shook hands and smiled.

Although I don’t know the purpose of the other party’s visit, in the eyes of everyone around the world, the four words Rockefeller are synonymous with countless synonyms: symbols of power, money, monopoly, energy, etc.

The first generation John Rockefeller is known to many people as a symbol of greed. His monopoly controlled almost 90% of the oil in the United States, 80% of the oil refining industry, and 90% of the pipeline transportation. His sales accounted for 10% of the U.S. oil industry. 85%. It was also because of his existence that the U.S. government created antitrust laws and cracked down on many monopoly giants.

But it would be too ignorant to think that their family has declined since then. Antitrust laws can only dismantle his company, but his shares still exist. Standard Oil was broken up into 37 giant oil companies, and the Rockefeller family still owns large shares in these companies, and this wealth will never diminish.

From the early 20th century to the 21st century, the families that once dominated the world seemed to have almost disappeared, but in fact they had long been hidden and secretly controlled all walks of life around the world. Bill Gates and other emerging rich people in later generations were only famous, but It is still these established families that truly control the global economy.

Of course, one day in the future, the Gates family will also become one of such established families!

Redding looked quite polite and smiled at everyone: "Although my surname is Rockefeller, please don't mind. I just want to discuss a business today."

There may only be one chapter updated in the last few days, and it will be added after the holidays.

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