Chapter 525 Old Man David's Heartbreak(2/2)
He once thought that providing the most jobs would make the government surrender.
Jiwei, now...the New Century Media makes no politician dare to ignore its influence.
It's not that he's afraid of Sean, it's that no one is willing to offend him until there is enough benefit.
When I look up, there are friends and noble people everywhere! I won’t leave this to Jonas.
I won’t go to your new capital now. People who are conquering the country every day
Quite a few, this should be used as a pension insurance for everyone, and all the shares will be distributed to the brothers later.
Simply being rich is of no use. Sean has long known that it is better to be given an inheritance that can be passed down.
Garbage disposal and recycling will produce garbage as long as people are alive. This is an industry that can never be eliminated.
In fact, it’s really a lot of money!
Not to mention the blended oil purified from the wet garbage recycled in New York, New Jersey and surrounding areas, the annual profit is no less than 30 million US dollars!
This thing first requires a garbage disposal fee from the government and is purified
It’s not troublesome. If you resell it to Asan, you’ll get another sum of money. The purified residue is directly sold to ADM for biofertilizer. It’s really not a waste at all.
The garbage disposal also employs many people to sort the garbage. The precious metals, base metals, waste paper, etc. that are sorted out are not profitable!
Except for the recycling of precious metals, which are too polluted and sent to the Ganges for treatment, most of the others are sent to the north.
The current situation in the north is that foreign exchange is tight. A large amount of foreign exchange is used to introduce high-value equipment, and exports are mainly raw materials and OEM products. The transportation capacity on the return trip to the Americas is wasted.
Sean has obtained a lot of shipping capacity through global shipping at a low price, which can be used to transport these things.
Waste paper and scrap iron are really very profitable. Ms. Zhang became the richest man by relying on the waste paper business in the United States. Let’s talk about how profitable it is!
Since Sean opened the northern market, the overall annual profit of the entire garbage recycling business has been no less than 200 million US dollars. Old man David was silent when he heard this...
What the hell, how many companies in North America have annual net profits exceeding US$200 million?
This is an evergreen industry with sustainable development, shipping is in hand, and there is almost no competition.
Old man David was silent and crying... Now, what should I do if I feel reluctant to let go? Waiting online, it's quite urgent.
Or should it be controlled behind the scenes through Sean's banking system after the cut?
Seeing that the old man fell silent again, Sean almost couldn't hold back his laughter.
Forget it, forget it, there are too many profitable businesses. To be honest, Sean doesn't feel too bad about it. The future value of the industries he owns now, especially the stocks of Microsoft, Oracle, Apple and other companies, will be worth so much.
He will always stand at the top of the richest man and cannot be surpassed.
Although it will take another ten years or so.
Old man David decided to change the topic and talk about the electric furnace and steel plant owned by Sean. This is not very profitable, right? This is indeed not very profitable.
Basic industries have relatively low interest rates. The U.S. steel industry has entered a cold winter in recent years, and a country feels that it is impossible to give up such basic industries as steel.
Basic industries, even if the government decides to develop in a hollow way, the government must support the steel industry.
"In the future, for at least 30 to 40 years, American steel plants will not be able to get out of the cold winter." Sean directly asserted that this is not nonsense, there is data to support it, and Old Man David also has it.
After all, the United States has already completed infrastructure construction long ago, and the next major construction will have to wait until it ages.
Traditional smelting simply loses money, even if the government imposes high taxes on imported steel.
The two studied for a while and finally decided to adjust the direction of the steel industry in Rockefeller's hands.
The direction of adjustment is to expand investment in electric furnace technology, effectively utilize scrap steel, and significantly reduce production costs.
This is not just about making a lot of money, it is about solving problems for the United States. Even though they are shareholders of the United States, they cannot just think about making money.
Of course, the government will not fail to see that this is merit and confidence, and it can be used to speak out at critical moments!
When talking about the effective use of scrap steel, the problem goes back to garbage recycling...
Chapter completed!