Chapter 174: Conditions (Grand Chapter)
"The purpose of the loan is to spend on the development and production of televisions and microwave ovens, and I will briefly list a few possible expenses...... Wells scratched his head, paused for a moment, and said. " First of all, the labor expenditure in research and development, the technical content of TV and microwave oven is not low, we need to set up a team of at least 50 R & D engineers, including 30 TV sets, 20 microwave ovens, the weekly salary of these engineers is less than 200 US dollars, more than 300 US dollars, 50 people's annual salary to prepare 500 US dollars, of course, the premise of all this is that we can recruit full. So far, only 24 qualified engineers have been recruited. β
At this, Wells nodded apologetically at Evan.
Evan waved his hand and said, "It's okay, you can go to General Electric, Motorola, Bell and other companies to poach people, well, go with a check, someone will always come." β
Wells nodded, signaling that he understood, and then continued:
"Then there is the expenditure on technology and patents, in terms of televisions, we hope to buy the patent of the Dumont laboratory, which needs to be prepared for 200,000 US dollars to 500,000 US dollars, depending on the results of the negotiation; in terms of microwave ovens, we have reached a preliminary cooperation agreement with the largest magnetron manufacturer Raytheon, and Raytheon will provide magnetrons in full according to our requirements, at the cost of the microwave oven patent needs to be licensed to the other party, this article Evan has agreed, so the microwave oven technology is not much to spend. β
"Oh, by the way, because the company has no technical foundation in magnetrons, we specially invited an expert from Raytheon to join us, his name is Percy Spencer. SpencerοΌγ He changed jobs, and we need to pay Raytheon an additional $50,000 in compensation. β
"Above, a total of at least $750,000 needs to be prepared. β
"Next, when the actual research and development is carried out, we need to prepare at least $500,000 for consumables. β
"If the product development is very successful, then there is the preparation for production, including the advance payment of the factory, workers, and suppliers, and the preparation for sales, including stocking, promotion, etc., these two parts are not easy to estimate, but referring to the situation at the time of the saucepan, I expect to prepare at least two million dollars. β
"All in all, we need to prepare at least $3.25 million to cover the development of two products, the TV and the microwave oven. Of course, this figure is calculated on the assumption that the development period does not exceed Evan's requirement of one year. β
"If the development process is overdue, this number will increase accordingly. β
"So, I think five million is necessary. β
Wells finished speaking and looked at Carl.
Carl thought for a moment and asked, "Evan, ...... development deadline?"
Evan then added, "I'll tell you about that one-year deadline. β
The reason why this request was specifically mentioned is based on two judgments. β
"One is that the outcome of the United States v. Paramount case and the interference of the Congressional Committee on the Un-American in Hollywood will put Hollywood films in a downturn. But Hollywood's capital needed a way out, and the then infant television media became the best choice. Therefore, the TV industry will rise rapidly with the support of capital. β
The two events mentioned in Evan's explanation are naturally known to Carl and others, who live and work in Los Angeles. Hearing Evan's words, Carl, who was born as a lawyer, subconsciously questioned: "Evan, do you think Paramount will lose in the United States v. Paramount case?"
The United States v. Paramount case is the most concerned case in Hollywood at the moment. The case began in 1938, when the Department of Justice found that Hollywood's film studios were suspected of monopolizing the model of both producing movies and owning theatrical chains, so they sent the main Hollywood studios to the dock, among which Paramount Pictures was the main defendant because of its size. In 1940, a settlement agreement was reached, but the studio did not fully comply with the agreement. Therefore, in 1943, the Ministry of Justice reopened the case. The decision was handed down in favor of the studio on October 8, 1945, one month and six days after the end of World War II, and the Justice Department immediately appealed. At present, the case has reached the US Supreme Court and will be heard early next year.
Before Evan could open his mouth about Carl's question, Lewis Walker said: "I think Evan's judgment is very reasonable, the current Supreme Court, conservatives are in the majority, they hate monopolies, and they will not let Paramount Pictures this model exist." β
Carl thought for a moment and didn't argue with Lewis.
As for the other big event, the interference of the Congressional Committee on Non-American Affairs in Hollywood, because it involves the attitude of American society towards red ideas, I will not go into detail here. All you need to know is that in October of that year, the House of Representatives held a hearing attended by Walt Disney and Reagan, the founders of the Disney Company, and in November, ten writers and directors were fired from the studio for refusing to attend. The list of these ten people is known as the Hollywood blacklist, and this list will be constantly expanded for some time to come. The people on the list will not only lose their jobs, but will even be physically threatened, and this magical scenario can be regarded as one of the representative annotations of the Cold War era.
After Carl didn't say anything more, Evan continued:
"The other is that because TV has the dual attributes of entertainment and information dissemination, TV sales will be on the rise for a long time in the future. Currently, there are about 100,000 televisions in the United States, compared to 40 million radio stations. I think it's possible for TV to spread to one family, so you can imagine how big the market and profits are. β
"Because of the large profits, there are many people who try to get involved and get a piece of the pie. If we want to gain a foothold in this industry, one step faster, I think it is necessary. That's why I gave a one-year development deadline. β
"Okay......" Hearing this, how could Carl not understand that Evan was determined to do it, so naturally he would not disagree again: "When it comes to money, I should have no problem here." β
"The question is, Evan, do you have any requirements as to which bank to take the loan from?"
Evan said, "Of course!"
"I'll talk to you about this later. β
Carl nodded and said, "Okay!"
Evan then asks Wells about the difficulties he encountered in recruiting people and the production and sales of the saucepan.
Wells replied one by one.
The difficulty of recruiting people is nothing more than that the applicant feels that the company is small, has no reputation, and the salary is not guaranteed. This is easy to solve, Evan gave Wells the mandate, the highest salary in the industry, and the best benefits.
As for the sales of the saucepan, it has just passed the line of 3,000 units sold per month, although it is not very good, but it is growing steadily. Wells judged that with the arrival of winter, under the effect of publicity and promotion, sales have the opportunity to rise to 5,000 units per month. This is definitely a successful start for a new appliance company, a brand new product.
It is precisely because of this that banks dare to give credit of 5 million.
However, Evan was not too satisfied with this sales, he thought about it and said to Wells: "Winter is very suitable for using a saucepan, we need to strengthen marketing in a targeted manner, well, you are responsible for the new product, and I will ask Girard to come and help you with the publicity." β
Wells thought about it, although Evan's approach had an element of power reduction, it was also a good thing for him, and replied: "Okay, I have no opinion. Gerard, I'll be cooperative. β
"That's good!" Evan said with satisfaction, "Applied Physical Systems said this beforehand, and then Bundy's ......"
"Lewis, can the FDA review of the bactericidal band-aid be faster?"
Evan's abrupt question made Lewis's body stiffen, and he replied, "This...... I try my best. β
Evan looked at Lewis, and after applying a little pressure, he turned to Carl and said: "Although the Marshall Plan has not yet passed, it is definitely a sure thing, you can add Band-Aids to the aid supplies, and push it together with Johnson & Johnson, it must be successful." β
Carl nodded in response, "I see." β
"By the way, how's the Band-Aid sales?"
Production of the regular Band-Aid began in July, and in August, it went on sale at the same time as TV and print advertising. With the cooperation of Johnson & Johnson's channels, it has spread in pharmacies and department stores across the United States at the fastest speed, and the "Bondi" brand has also entered the attention of countless families.
In the first month of its release, the Band-Aid has been well received by consumers for its powerful efficacy and ease of use. This reputation is even so good that users are willing to take the initiative to recommend it to others. In this one-to-ten, ten-to-hundred, situation, the salespeople of Applied Health Care and Johnson & Johnson found that later, there was no need to even advertise. As for the sales in the first month, it was so good that Johnson Johnson II, the chairman of Johnson & Johnson, said that he would reward the intelligence officer who was the first to discover the Band-Aid product.
This result did not surprise Evan at all, so he was extraordinarily calm. It's October now, but it's the first time Evan has been concerned about Band-Aid sales.
Karl was slightly stunned, and then replied: "Very good, the factory is now running almost at full power to meet the needs of the market. β
"We are evaluating the need for a new production line......
Evan didn't ask Carl for not giving an exact number, "What about the assessment results?"
"There is an upper limit to the sales of Band-Aids, and according to market assessments, the limit can reach two tablets per capita per year, and the current population of China is 140 million, so the market capacity of Band-Aids in China is 280 million tablets," Carr said. This, of course, is the pinnacle that can be achieved in the event that the Band-Aid completely replaces the gauze previously used. β
"At present, the Wilmington plant has a daily production capacity of 500,000 pieces, with an annual production capacity of about 180 million pieces. In terms of sales, it reached ...... in September $1,254,000, well, that's ......" Carl rolled his eyes and converted the recalled data into a calculation, "about 380,000 tablets a day." β
"If Band-Aid is successful in the Marshall Plan, there will definitely be no shortage of stock, and I think $5 million in goods is necessary. Coupled with the need for normal exports, we estimate that the production capacity needs to be expanded to 700,000 pieces per day. β
Evan listened carefully to Carl's report and said: "Since there is a gap, let's increase the production line, and the investment that should be there cannot be saved." β
"That's ......," Karl chimed in, "By the way, speaking of the Marshall Plan, Kazukiyo Ando called yesterday and thanked you. β
Evan smiled: "Ando is moving so fast, he should have reached an agreement with Mr. Prince." β
He looked at Carl with a smile and said, "Look at your ......."
Karl said with a smile: "It's our lack of ability. β
Evan sighed and said, "Forget it, it's not your fault, after all, your burden is not light." β
He raised his left hand and glanced at the time, "It's not too early, that's all for today, Lewis, Wells, you guys go back first." β
Wells and Lewis left the office. When they left the office, the two of them breathed a sigh of relief.
Over time, Evan's power became heavier and heavier.
There were only two people left in the office, Evan and Carl.
Carl got up and poured Evan a cup of coffee, and the next thing to talk about was naturally about the lending bank.
After Evan took a sip of coffee, he didn't say this immediately, but suddenly said another thing, "I've read the experimental data sent by 3M, and I think it's okay in terms of indicators, you can take time to explain to Rona Anderson and let him test the sample." I've got the stuff to do in the alphabet company's safe. β
"If the result is okay, let Davidson add it to the product line of the Magic Seven. β
Karl nodded, indicating that he understood.
The refreshing effect of the coffee was outstanding, and the energetic Evan finally talked about the choice of the bank after talking about 3M.
"Carl, the choice of the loan bank, you talk to those on Wall Street first. β
"Huh?" Karl was surprised, "why, on the whole, their conditions are not the best. β
Evan made a downward motion with his right hand in the air, telling Carl not to worry, and listen to him first: "I know this." β
"Just as they have all kinds of conditions attached to them, I have all kinds of conditions. β
"Two conditions, who promised to take out a loan from whom. Pay attention to the order of negotiations, starting with Morgan House, and then Chase National Bank......"
"I have two specific conditions: first, I want to pledge the shares of Amor Company worth nearly 10 million US dollars; second, each one is different, you can remember it a little......
After Carl took the pen, Evan continued: "My request for the Morgan House is that the shares of their bank ......"
Hearing this, Karl's mouth opened wide.
"Evan, this can't be a condition, can it?"
After a few moments, Carl asked.
Evan said faintly: "Of course it was impossible before, but now it is different. β
"Thomas Lamont (JP Morgan's current chairman) is out of health, none of his descendants work in the banking industry, and his shares in JP Morgan will most likely be exchanged for cash. β
"So, it's not like we're out of chances. β