Saturday, October 20, 2007

My Omnisource

Few quick questions for my Friday thoughts -

Who exact owns the land now designated as the North River project? Old Omni Source or Steel Dynamics?

Omnisource was just sold for $1B - is the family really hurting for that last $4.3M?

Why isn't land just donated? We'd all praise Omnisource for the great civic gesture. I don't about you, but every time I drive down Clinton I think about how the land has been beautifying our entrance to our city.

How about a trade? - Naming rights of Ball Diamond for the next couple of years for the land.

2 comments:

Anonymous said...

I'm fairly confident the North River land is owned by the Rifkins, or by a separate company comprised of Rifkins, not by OmniSource. Wouldn't it be great for them to donate it, and to throw in any environmental clean up costs? Talk about being a leader and investing in the community!

David C Roach said...

first-Mr Rifkin- tear down that Iron curtain!
with iron scrap prices so hig, the company would make a few dollars, and beautify the site- opening it up for the thousands of motorists to look at while waiting for stoplights, and maybe that wold spark some interest- instead of an ugly green fence, blocking the view.

I also heard that SDI is using temporary/day laborers to work in its steel mill.
why pay someone steelworker wages, when you can pay some hard-luck cases $8 an hour, pocket the difference(globalism, you know), and get 12 hours a day labor out of these basically expendable workers/slaves.

I never thought I'd see the day when mc Donalds, and steel mills both paid the same!