Chapter 1469 - Bigger and Stronger
As soon as Chen Geng's words fell, Curtis Knutson raised his hand: "Sir, can I make a suggestion?"
"You say. Chen Geng nodded.
"Can we make car glass?"
"Car glass?" Chen Geng frowned, he somewhat understood what Curtis Knutsson meant: "You mean ......"
"Yes," seeing Chen Geng's reaction, Curtis Knutson immediately nodded, his face was a little excited: "Glass manufacturing is a typical manpower-intensive industry, and the profit is very low, and it is very sensitive to the cost of labor, and because of this, when I studied what skills our prisoners are suitable to learn, I found that glass is undoubtedly a very good industry."
First of all, the glass manufacturing industry is very sensitive to the cost of workers, but we let the prisoners learn how to make glass, and the labor cost is almost zero;
Secondly, the cost of shipping glass is also high because it is heavy and very sensitive to distance, but we are different, our prison is near Detroit, which means we have the lowest transportation cost, directly close to the user;
Third ......"
"Okay, there's no third," Chen Geng interrupted Curtis Knutson, and he said with a smile on his face, "I'm very satisfied with your suggestion, huh...... What other advice do you have besides glass manufacturing?"
When he said these words, Chen Geng was even a little annoyed: Yes, why didn't I expect that these things could be handed over to prisoners for production...... Oh no, it's about learning the art of making glass?
Curtis Knutson really put his heart into it, and when he heard Chen Geng say this, his heart suddenly relaxed, and he hurriedly said: "There is also the connection of sponge manufacturing, seat manufacturing, and large wiring harnesses on the car seats...... Well, since I'm not very familiar with the automotive industry, that's all I can think of for the time being. ”
Laylani Taylor glanced at Curtis Knutson in surprise: this old man, yes, has two brushes, making glass and other things that are not technical, but extremely sensitive to labor costs and transportation costs...... Why didn't I think of that before?
It's also a shame that Curtis Cnutson is a little old man who has retired, otherwise Laylani Taylor really has to worry that this guy won't grab power, but even so, although Laylani Taylor's expression has not changed, there is a wake-up call in her heart: Haven't you been a little slack off during this time? Otherwise, how could you not think of such an obviously profitable business as glass manufacturing?
Not to mention anything else, just talk about boss's AMC car, as long as the glass made by itself is qualified, how much glass can the AMC car digest......
"Very good, this is already very good," Chen Geng really couldn't ask for more for Curtis Knutson: "Curtis, I have to admit that your performance has exceeded my imagination, and I never hesitate to reward employees for their performance...... Well, your salary won't move, but you'll get an extra $50,000 in dividends a year, what do you think?"
The structure of personal income tax in the United States is very strange, the tax rate on salary income is very high, and the higher the salary income, the higher the tax rate, and the capped tax rate is as high as 39.6%, that is, if you earn $100 according to the capped tax rate, you have to pay $39.6 personal income tax.
But the dividend income of shares is different, the tax rate of share dividends in the United States is only 0%, 15% and 20%, as long as the operation is right, Curtis Knutsson can pay the dividend tax at the intermediate tax rate of 15%!
For Curtis Knutsson, his boss chose to reward himself with a $50,000 dividend, but he actually received more than his $100,000 annual salary, and most importantly, every year.
As for Curtis Knutson, he is, of course, ecstatic!
I didn't expect that I would support a proposal that would make tens of thousands of dollars more every year, and my face turned red with excitement for a while, and I nodded desperately: "Thank you, boss, thank you! I will not let you down......"
When Curtis Knutson was almost excited, Chen Gengcai smiled and encouraged Curtis Knutson: "However, although we can do a lot of projects, we will only make glass in the early stage, as for things like seats and foam foam for cushions...... Well, we can't eat all the meat, Curtis, go back to Lear and ask them on my behalf if they'd like to open a 'vocational training center' in my prison?"
Curtis Knutson understood: "Okay boss, I'll pay a visit to the Lear Group when I go back." ”
As the largest design, R&D and manufacturing enterprise of automobile seats in the United States and even in the world, I believe that Lear Group should be very interested in this "vocational skills training center" that can greatly help them reduce production costs, right?
........................
After the conference, there was actually a small meeting.
There were not many participants in the meeting, except for Chen Geng and Leilani Taylor, only Mr. Olin Snyder, the former governor of Michigan.
After stepping down from the position of governor, Orin Snyder fulfilled his previous promise to Chen Geng and came to Chen Geng's side as an assistant, and Chen Geng also fulfilled his original promise and gave Orin Snyder 7% of the shares of the National Reeducation Group, and gave Orin Snyder so many shares, Chen Geng didn't let him sit in the office and drink tea, so at the first moment of the meeting, Chen Geng first made it clear......
"Orin, Leilani, my habit is to either don't do it, or do it to do the best! Since the National Reeducation Group has the name of a 'national American', it is impossible to stay only in Michigan, although our first prison has not yet been officially put into operation, but I hope you can come up with a national layout development strategy, so that every state in the United States has our prisons. ”
"No problem, boss, I agree with you, just like you said, the National Reeducation Group must be right with the word 'American'," Orin Snyder doesn't think there is any problem with Chen Geng's ambition at all, Americans are real, as long as they can make money, they can say anything, and since the business of private prisons is legal, then why can't I become bigger and stronger?" So my idea is, while consolidating and continuing to strengthen our investment in Michigan, we should first identify a state that is friendly to us as a first step for us to go out, and I think Missouri is a good place. ”