And kwaders purchases have been stinkers. Seems everytime fmk sells a plt or a product line they do it for a song ( couple mil ) but when he buys he pays through the nose for it like the wallpaper business in '01. pays 140 mil for that while closing his own plts and getting the shareholders next to nothing.
No credibility for this mgt. First Kwader sh*tcans the rochester, mi plant because he says the automotive filter media business is a lousy market. Now he speaks of fmk doing a " robust business in their automotive media line". What the hell? So why did he dump the mi. plt? Which is it?