Nov mcalester closing permanently.
4 replies (most recent on top)
When is tat place shutting down?
Who is going to buy Mission Products? The Chinese own that market now. Mission is a good name and a history. You can't sell a product based on that. Every other company in the world will just wait until NOV goes bankrupt and consider buying the IP. But wait a minute, they are just making products with no real IP so what's the product worth? Some of the "Glory Days" posts on here are completely laughable and have no basis in reality of the market and world today.
Mission Products is not going to make it through this one.
It was a great product line.
Management ran it into the ground. Hopefully the product lines will be sold off to a better company
They wont find the product knowledge to keep those lines going. NOV better sell out or merge. The whole company is headed for a closing. But the man will get his 13 million.