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Chiquita Brands International, Message Board

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  • the_gauchoamigo the_gauchoamigo Aug 30, 2001 6:22 PM Flag

    Failure for CQB

    CQB has too much of it's own high cost capacity so it pulls it first before outsourcing. It just outsourced it would still be stuck with all the fixed costs.
    PLUS - CQB does not want to buy in Ecuador due to social issues. It does not seem to bother DOL but it is an issue to CQB

    HAS ANYONE HEARD THAT CQB IS GIVING EXTENDED PAYMENT TERMS TO EU CUSTOMERS IN ORDER TO MAKE CASH FLOW LOOK BAD AND THEN CAN TELL BONDHOLDERS THAT THINDS ARE WORSE THAN NORMAL?

 
CQB
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