Chapter 103: Merging
There are many powerful but unknown companies in the world, just like Edison and Tesla. Westinghouse Electric in later generations is this type of company. It is a company that is evenly matched with General Electric. Its industry covers refrigerators,
Color TVs to nuclear energy and various electronic fields.
Westinghouse Electric was one of Tesla's main bettors. Later, Westinghouse Electric launched a series of innovations in alternating current, and even hired Nikola Tesla himself as a consultant. In 1891, Westinghouse Electric built
The world's first industrial AC power supply system. In the industrial field, Westinghouse Electric is also one of the important manufacturers.
However, in a series of mergers, acquisitions and reorganizations in Mogen, Westinghouse Electric is now also under pressure from General Electric. In the stage of forced dual pride, it is obvious that the technical level is not bad at all, but it is difficult to develop business, and its popularity is even lower than that of General Electric.
They cannot be compared.
Westinghouse of Westinghouse Electric was also the main sponsor of Tesla. The reason why Tesla won the electric current war with Edison was that Westinghouse played a huge role, but I don’t know why.
, in the following period, Westinghouse did not give Tesla enough support.
Pennsylvania became the second state to join the Union. The state has been known for its religious freedom and political democracy since its establishment, and has had a great influence in North America. Many important chapters in American history were written in Pennsylvania. Because of this state
Located in the middle of the thirteen states, there are six states in the north and six states in the south, plus the state's backbone role in the independence of the United States.
Pennsylvania's excellent coal quality, combined with the iron ore transported by water from the Great Lakes region, developed a large-scale steel industry. Later, oil was discovered, which became an important factor in the rise of Rockefeller. All the media, iron and oil were available in one state.
In Field's eyes, it was simply a chosen place. In addition, politically it was on the dividing line between north and south, and its status was extraordinary.
Another characteristic of Pennsylvania is that the largest single ethnic group is German immigrants, so there has been a large number of rich German immigrants represented by Rockefeller.
Sheffield believes that in essence, Westinghouse is not Morgan's rival in controlling General Electric. The reason why it is as powerful as General Electric is because Morgan made a mistake and put his money in Edison instead of General Electric.
Silla has created the current predicament. Sui Tan can use his stronger strength to avoid going back, but sooner or later he will fall into the law of true fragrance.
Westinghouse Electric is the winner among the hot spots. It finds a new technological breakthrough point and then relies on technological victory to expand, rather than directly relying on the weight of financial strength itself. The advantage of this is that even in a fierce competition
In the competition, Westinghouse Electric can still ensure that it has high enough profits. Westinghouse Electric is now enjoying the dividends of correct judgment this time.
Sheffield, who knows this, understands that Westinghouse Electric is now at a stage where he feels good about himself, so he cannot take it lightly. For the sake of his own weight in the family, he agreed to an unequal treaty comparable to a panda lease, and he must hold on to it.
Rockefeller Jr. came to Pennsylvania together. In fact, to this day, Sheffield doesn’t know whether the Rockefeller family, which cheated thousands of oil workshops in the early years, will have a positive or negative effect on his trip to Pennsylvania.
In fact, Sheffield simply overthought and forgot that he was communicating with a powerful capitalist, not a group of bastards. In the eyes of capitalists, there is no doubt that the Rockefeller family was born in Pennsylvania.
Successful people are role models for our generation.
Not every company is like Carnegie, who regards the holidays in the early years as very important. Not to mention that Westinghouse Electric and Standard Oil Company did not have holidays at all. On the contrary, they were very willing to have a powerful friend.
The relationship between entrepreneurs in the United States is very complicated. Your enemy is not necessarily the enemy of your friend. Your ally may have a very good relationship with your enemy. This intricate relationship cannot be described in a few sentences.
Clear. For example, Westinghouse, the founder of Westinghouse Electric, was best known for his early invention of the air brake when Westinghouse first spoke about his invention to railroad magnate Cornelius Vanderbilt.
, Vanderbilt dismissed the whole idea of using air to stop trains as nonsense. However, it was quickly proven that Vanderbilt's statement was truly nonsense, as Westinghouse
The airlocks spread everywhere like wildfire.
Although Vanderbilt offended Westinghouse, he became an important promoter of helping Rockefeller become an industry giant. Now that the Vanderbilt family has long fallen into the hands of a group of heirs who enjoy life, Westinghouse has
He became a competitor of Edison and Morgan behind him.
Another point is that Westinghouse has a very close relationship with Siemens of the German Empire, and is also a group of people involved in technical exchanges with Sheffield.
It was a sunny day. Sheffield and Rockefeller Jr. formed a strong but sparse combination. They came to the Westinghouse Electric headquarters in Pennsylvania and visited the business tycoon of the same era as Rockefeller Morgan, Westinghouse.
.
Westinghouse is only fifty years old, and is considered a young man compared to many business wizards of his generation. However, it is precisely because he keeps a clear mind at a young age and accepts new things very quickly that he took the risk to bet on Tesla.
It became a famous electrical company in the Republic. If Morgan had not carried out electrical mergers and acquisitions, the number one electrical company now would have been Westinghouse Electric.
"The two young masters misunderstood. Westinghouse Electric and General Electric are in normal business competition. In fact, the relationship is far from as bad as others think!" Facing the most powerful partner in the history of the United States, Westinghouse naturally came forward in person.
After learning about the other party's intention, he said that his company has a very good relationship with General Electric.
"Mr. Westinghouse should not refuse the help of a friend, and General Electric's strength has surpassed that of Westinghouse Electric in a series of mergers and acquisitions and reorganizations."
Not even a friend." Before Sheffield could speak, Rockefeller Jr. spoke first, "Mr. Westinghouse is a pioneer, so there is no need for a junior like me to take classes here."
"The second goal is always very clear, and the first one usually only has the nearest one in his eyes. Westinghouse Electric should not refuse the help of others." Sheffield did not hide his intention of joining forces, and followed Xiao
Chapter completed!