Word: tiss
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...factor in Deere's shrinking U.S. presence is that its biggest opportunities will be overseas: 60% of its current business is in North America, 40% in the rest of the world. Allen knows that ratio will change drastically. "Emerging markets hold the most potential," Buckingham Research Group analyst Joel Tiss says. "It makes no sense to open a new dealership in Dubuque, Iowa, anymore when they could put it in Santiago, Chile, where they can do 10 times the volume." Sales in South America are expected to rise as much...
...Pune, India, in 2001 and has several operations and joint ventures in China. But the Indian tractor maker Mahindra & Mahindra has also begun selling its wares - less sophisticated but cheaper - in the U.S. "If Deere is making the Lexus or Mercedes of farm equipment, Mahindra is making Hyundai quality," Tiss says...
Probably Inevitable. By mating, the two German companies can offer a complementary product line: Thyssen (pronounced Tiss-en) makes mostly sheets and beams; the strength of Phoenix is in tubes and heavy plate. Merger was probably inevitable anyway: despite the postwar decartelization attempts of the Western Allies, the majority ownership of both companies still rests with the descendants of August Thyssen, who was Germany's Andrew Carnegie...
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