We first learned of this in the newpaper last week, gotta love when a company is open with it's employees. Well to be fair the company i hired on with was open but it was bought out last year and now not so much.
How the hell can a petrochemical company go bankrupt?
By buying too much too fast on credit. Lyondell was purchased by Basell forming lyondellbasell which is owned by Access industries and with access being a privately held company it can do pretty much whatever it wants business wise.
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2008 6MT Sandstorm Convenience and Offroad package,
black tundra door handles
blacked out mirrors
tow hitch
SCUBA MOD DONE
trail gear sliders,
Cobra 75/bandi mount/3' firestik
2 4" Kragen HIDs
various slider/frame/differential scratches.
AllPro Ultimate lower links
Sway away front coilovers
OME mediums in the back.
Total chaos UCAs
Too many folks are scared by the media. I still say half of this recession is due to the media stating over and over how terrible things are. People don't spend so retail suffers, car sales suffer, etc. Since retail is down, I am aware of a couple of large woodworking/store fixture mfg. companies in Cincy and Indy that are in Chapter 11 as well. I'm not terribly busy either, for the first time in five years. If anyone needs some custom furniture or a millwork/cabinet renovation, now's the time.
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2008 Sandstorm, AR Teflon Chamber, Nitto TG LT285/70/17, OME/Toytec lift, Total Chaos UCAs, BudBuilts, MPAC, Exp One w/Superwinch 9000s, BajaRack, Dual batteries, Viair 450A, ToyOutfitters LCAs
Visit the Woodsman here and hereand hereGot a Sandstorm ? Go here !
I'm the Woodsman, the four-wheelin', tree-farmin', custom-furniture-makin' descendant of Olaf "The Woodcutter" Ingjaldsson.
There were no obvious signs, in fact two weeks ago we had an officer come tell us that we had plenty cash to cover debts and keep our sites running then last week in the news we hear that the company couldn't make debt payments.
I am an electrical engineer working in power distribution, hopefully i make it through the cuts.
Consider becoming an electrical engineer in the petroleum industry if you get canned... that is, if you don't mind working in a refinery. That industry has done well lately.
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2008 Sandstorm, AT, BajaRack, TG Sliders, 6 Circuit Accessory Fuse Box, Tacoma Fog Light Switches, SilverStar Ultras, Titan Air Jack, Cast Hi-lift, After-Market Power Inverter, Trail Team Badge, M-PAC Rear Door & Side Rack Combos, #10 CO2 Tank, aFe TBS CAI & Hi Tuck Exhaust, Icon Stage 1 Lift, Camburg UCA, Midland 75-822 w/Bandi & 3' Firefly, Wolo 120 Horns, 285/75/16 Maxxis Bighorns, Badger 5lb Fire Extinguisher.
Consider becoming an electrical engineer in the petroleum industry if you get canned... that is, if you don't mind working in a refinery. That industry has done well lately.
I have spent time here and there in our refinery, i am not against working in one. Hopefully that won't be necessary.
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2008 6MT Sandstorm Convenience and Offroad package,
black tundra door handles
blacked out mirrors
tow hitch
SCUBA MOD DONE
trail gear sliders,
Cobra 75/bandi mount/3' firestik
2 4" Kragen HIDs
various slider/frame/differential scratches.
AllPro Ultimate lower links
Sway away front coilovers
OME mediums in the back.
Total chaos UCAs
Just in case though if anyone is in the Houston area and a bourbon smelling guy in a tan Wheeltoberfest 2008 T-shirt (it has an FJ on it) comes to clean your windows, be kind. I hear those guys can make up to 16 an hour.
You can clean my windows for BEER!
Quote:
mikey previously said:
We have manufacturing plant in Houston, as far as I know we are looking for people.
Drop me a PM and I can send you the information
Do that, Mikey knows people!
__________________ '08 BD, ATX Thugs, BFG A/T KO's, M-PAC Back Rack, aFe Hi-Tuck, TRD CAI, Skull shifter, Custom Charcoal Canister, Black Out has begun
On a serious note, that sucks bro! Things are still slow for us, and we're doing mostly upstream stuff, if I hear of anything downstream, I've got your number.
__________________ '08 BD, ATX Thugs, BFG A/T KO's, M-PAC Back Rack, aFe Hi-Tuck, TRD CAI, Skull shifter, Custom Charcoal Canister, Black Out has begun