Another Blow to STL's Future?

[eolesen]

Yet another reason STL could be further downsized....

St. Louis worries it may lose Anheuser-Busch
By CHRISTOPHER LEONARD – 19 hours ago

ST. LOUIS (AP) — Residents here have grown accustomed to seeing local corporations gobbled up by larger outside firms. But losing Anheuser-Busch Cos. could be the cruelest cut of all.

The nation's largest brewery has long been a point of pride as a hometown attraction. The company's massive red-brick brewery draws tourists from around the country to see the Clydesdale horse stables, brewing vats and Busch family memorabilia dating back generations.

Reports that the company might be purchased by Belgium-based brewer InBev SA have residents worried they might lose a company as closely identified with St. Louis as the iconic Gateway Arch.

"St. Louis has gotten to the point where we have the brewery and the Cardinals — that's it," said John Schute, owner of the Sage restaurant and bar just across the street from the Anheuser-Busch brewery.

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Full Article

The thought of Budweiser being foreign-owned just ain't right...

 

[Boomer]

You may want another beer after reading this one: personally, I say the time is ripe to bring in foreign ownership if just to remove the air carrier industry from the restrictions of the Railway Labor Act and place them under the NLRB as other transnationals operating in the CONUS operate.

The EU contemplated a distinct agreement between the EU and the US allowing transnational ownership of US and EU flagged carriers: the US response is to the effect that transnational ownership cannot be restricted to the EU and the US.

Link: US Proposes International Airline Ownership to EU

"...To be more specific, the United States will suggest a list of over 60 countries for which we propose to achieve this important step of investment liberalization. And, let me add, we do not rule out expanding this list in the course of the negotiations.

But we should go an important, indeed pathbreaking step further. In Slovenia, the United States will also propose that we negotiate, as part of the second stage, an ancillary multilateral agreement that will be open to accession by other countries that are prepared to enter into reciprocal obligations to lift the barriers to cross-border investment by pledging to forgo recourse to the nationality clause..."

 

[American Air Surf]

You may want another beer after reading this one: personally, I say the time is ripe to bring in foreign ownership if just to remove the air carrier industry from the restrictions of the Railway Labor Act and place them under the NLRB as other transnationals operating in the CONUS operate.

The EU contemplated a distinct agreement between the EU and the US allowing transnational ownership of US and EU flagged carriers: the US response is to the effect that transnational ownership cannot be restricted to the EU and the US.

Link: US Proposes International Airline Ownership to EU

"...To be more specific, the United States will suggest a list of over 60 countries for which we propose to achieve this important step of investment liberalization. And, let me add, we do not rule out expanding this list in the course of the negotiations.

But we should go an important, indeed pathbreaking step further. In Slovenia, the United States will also propose that we negotiate, as part of the second stage, an ancillary multilateral agreement that will be open to accession by other countries that are prepared to enter into reciprocal obligations to lift the barriers to cross-border investment by pledging to forgo recourse to the nationality clause..."

Not Only do the U.S. carriers have to compete Globally, and (internally) with domestic LCC's. Now it is a global free for all under open skies. Additonally, foreign ownership of U.S. carriers, is right on par with the Globalist agenda. The loosers for sure are labor, the people of the United States, and a forced domestic Wal-Mart, Service oriented economy. The U.S. is already in a economic crisis due to multiple factors & events- Just let the G*d Da*mn thing collapse, their is no saving this country. There are to many things wrong, and have been wrong for a long, long time.

http://www.economyincrisis.org/ :rant:

 

[BuffaloJoe]

Yet another reason STL could be further downsized....


The thought of Budweiser being foreign-owned just ain't right...

And to think that Budweiser had by far the Best Commercial saluting Our Troops coming Home thru the airport. Where everybody started applauding the troops in their fatigues deplaning. Thought it was really Classy for a Beer that I can't drink.

 

[desertfox]

Yet another reason STL could be further downsized....

What makes you think that just because InBev buys AB that it would negatively impact St.Louis?
Some fresh ownership and some capital may well expand and improve not only the St. Louis operation but AB operations in other parts of the country, including NYC which has an AB plant next to Newark Airport that is larger and produces more beer than STL plant does. InBev is looking to beat SAB for market share....the purpose of the AB purchase is to leverage the excellent distribution system AB has as well as the market position.

Take your hard-on for STL and put it somewhere else...

 

[Bagbelt]

What would any foreign carrier want with ownership that can't be achieved through alliances? The whole industry is on life support, it's hard to concieve of a foriegn BOD looking at a sure losing investment.

 

[The Goose]

What would any foreign carrier want with ownership that can't be achieved through alliances? The whole industry is on life support, it's hard to concieve of a foriegn BOD looking at a sure losing investment.

... that is, of course, unless the foreigners want to buy into and begin running the US airlines as real businesses designed to make money instead of the mismanaged piles of crap they are now.

 

[eolesen]

Bingo!

The terms "German" and "efficient" tend to go together rather nicely. I can only imagine what would happen if LH got to place some of its folks in charge of UA...

 

[lpbrian]

Actually no. German and efficiency are opposites. 35 hour work weeks? German cars, while very nice to drive, have lousy reliability, less than American cars...Ouch!

 

[NewHampshire Black Bears]

Actually no. German and efficiency are opposites. 35 hour work weeks? German cars, while very nice to drive, have lousy reliability, less than American cars...Ouch!

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What in hel* is wrong with a 35 hour work week ???

Though I suppose if...your "the MAN",....and own an exploitive "(almost) sweat Shop, you would want a 60 hour work week !!..(Straight time of course, and ZERO bennies) :down: :down: :down:

 

[lpbrian]

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

What in hel* is wrong with a 35 hour work week ???

Though I suppose if...your "the MAN",....and own an exploitive "(almost) sweat Shop, you would want a 60 hour work week !!..(Straight time of course, and ZERO bennies) :down: :down: :down:

Nothing. Nien!! Were talking productivity here, and the good old USA is way ahead of Germany on this count. Lufthansa has no compitition at home,

 

[777 fixer]

Bingo!

The terms "German" and "efficient" tend to go together rather nicely. I can only imagine what would happen if LH got to place some of its folks in charge of UA...

On an interesting side note LH did not truly become efficient until it was privatized.

 

[eolesen]

What makes you think that just because InBev buys AB that it would negatively impact St.Louis?

It took six months to get you an answer... but here it is. Between 1400 and 2000 jobs lost, with the brunt in STL.

SAN FRANCISCO (MarketWatch) -- Anheuser-Busch InBevs aid Monday it will cut about 1,400 U.S. jobs in its beer-related divisions, or around 6% of the company's U.S. workforce. A significant number of the affected positions are based at the corporate headquarters in St. Louis while other reductions will occur in field and brewery locations. It also will not fill more than 250 U.S. positions that are currently open and an additional 415 contractor positions will be eliminated. Most of the job cuts will occur by the end of this year, with the remainder scheduled for 2009. Anheuser-Busch InBev expects $197 million in pretax expense related with the reduction. InBev finalized its $52 billion deal to buy out Anheuser-Busch in November.

 

[jimntx]

According to this morning's front page headline in the St. Louis Post-Dispatch, 75% of the job cuts--over 1000--will be at headquarters in St. Louis. You would think they could have waited 3 weeks until after Christmas to announce the layoffs.