This is what they shut down GRE's factory for?

[troymail]

http://www.cbsnews.com/video/watch/?id=50142079n

Zhang Xin: China's real estate mogul - 60 Minutes - CBS News

World's biggest mall a China 'ghost town' - CNN.com

[SquierStrat]

a guy at my work today was talking about seeing that last night. i immediately thought of GRE

[troymail]

yup - exactly what I thought while watching it also. They talked about how they are evicting all these people so they can build more buildings that no one occupies.... ghost towns...

[bigcam406]

i watched that last night and thats exactly what i thought as well.

[zerg901]

The GRE story sounded fishy to me. GRE couldnt see it coming? GRE couldnt find an alternative factory? Something didnt sound right.

[n5ims]

Originally Posted by zerg901

The GRE story sounded fishy to me. GRE couldnt see it coming? GRE couldnt find an alternative factory? Something didnt sound right.

Things like what happened to GRE occur more often than you may think, even in the US. Advanced notice? Not if the price is right. A neighbor got a certified letter from his store's landlord's lawer indicating that he had 30 days to vacate his business since they had sold the lot to a bank. One line on the letter struck me. "Since you have nine months left on your current year's lease, we won't charge you the prescribed early termination fee."

[MK]

I read the CNN story the other day and I watched the 60 Minutes story last night. Is this in fact where GRE's factory was located? If so, the situation is much worse than we thought. There is little chance of GRE recovering with the company up against such a huge construction business. They have nowhere to move with a reasonable relocation cost.

Those empty buildings remind me a little of how Japan went bust at the beginning of the 1980's and never recovered. At one point the wealth was spreading so fast that numerous golf courses were being constructed. Then one day they were worthless, government owned property that no one wanted.

[mlmummert]

I'm not sure GRE's factory was here but it shows you what a shady place you're dealing with there.


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[radioman316]

Originally Posted by mlmummert

I'm not sure GRE's factory was here but it shows you what a shady place you're dealing with there.


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I was right all along!

[hertzian]

Could they be making the move the U.S. like Lenovo did?

[avery_k]

Speaking of the "real estate bubble" bursting, it's not a matter of if, but when, it happens. No nation, no economy, can do what China (and the U.S.) has done and is doing, and keep it up indefinitely. Whether you're Communist, Capitalist, Socialist, or whatever, it's math that determines the outcome, and it doesn't care about politics; it just IS. Governments can try all kind of tactics to cover up the truth, but it will come out in the fullness of time. My heart goes out to those displaced in the name of this so-called "progress" though. Back on topic, I do hope GRE finds a home here in the US of A. As an owner of a PSR-500, I would love to see them start over here and make a go of it.

[Rt169Radio]

So GRE was chinese? I thought it was a Japanese company.

[mlmummert]

Originally Posted by Rt169Radio

So GRE was chinese? I thought it was a Japanese company.

Japanese company that had a plant in China.


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[DaveNF2G]

And you thought the U.S. Supreme Court's new interpretation of Eminent Domain was bad.

[fdcaptjd]

I have been looking at GRE scanners, and notice the prices going up at the places that still claim to have them in stock.

I started another thread without seeing this one, sorry.

I agree that the folks in Japan must simply be tired of selling scanners.

Factory production of electronics in China can be tooled up in days or weeks, so getting scanners built would be a simple problem to solve.

It would be interesting to know the whole story.

Regards,

JD

[Ghost4658]

Makeing cell phones is much much more $$$$$$$$$ than scanners and the KGB in DC dont like WE THE PEOPLE listening!!

[kc2tek]

There are several Chinese factory tour videos on YouTube. It looks like all they need is enough floor space to set up work tables and cubicles since it's mostly manual assembly and not a lot of industrial machinery, so maybe GRE can get production going again in less time than you'd think.

Here's one (dashcams and tablets): Eken Camera Factory Tour - YouTube

[Exsmokey]

Originally Posted by troymail

China's real estate bubble - 60 Minutes - CBS News

Zhang Xin: China's real estate mogul - 60 Minutes - CBS News

World's biggest mall a China 'ghost town' - CNN.com

Thanks for sharing this with us. A house of cards made to look better with smoke and mirrors. Corruption and cronyism existing in abundant amounts. This really is the history of the human race. Brings to mind the closing scene of the movie "The Hunt for Red October" where Sean Connery tells Alec Baldwin, "a little revolution now and again is a good thing, no?"

Enough philosophical nonsense. it would be good to see some industries move back to the U.S. as a result of this bubble bursting, but the effects of it on the world economy might be devastating enough to keep that from happening. Companies may not have enough capital to make a move and reestablish themselves elsewhere.

I do like my GRE scanners and the Starrsoft software. I can move data around (although not always cleanly) between the different models of scanners and if not, the different applications are very similar. There needs to be competition and I see a monopoly beginning. Then again, it might be a chance to see how Uniden scanners work, something I haven't had experience for 5 or 6 years since I put the BC-780 in the mothball section of my closet. I didn't like the software and the radio's performance and features were disappointing, especially the slow enough to be totally useless tone search. I'm glad that I live in a small rural area where Phase II is a long way off, if ever, because VHF-High is working for everyone just fine.

I will have to look into where Unden scanners are made. With such a huge amount of electronic devices being made in China there may be more fallout when this bubble bursts than we might realize. Those big screen TV's might go up in price.

[Ensnared]

Originally Posted by Exsmokey

Thanks for sharing this with us. A house of cards made to look better with smoke and mirrors. Corruption and cronyism existing in abundant amounts. This really is the history of the human race. Brings to mind the closing scene of the movie "The Hunt for Red October" where Sean Connery tells Alec Baldwin, "a little revolution now and again is a good thing, no?"

Enough philosophical nonsense. it would be good to see some industries move back to the U.S. as a result of this bubble bursting, but the effects of it on the world economy might be devastating enough to keep that from happening. Companies may not have enough capital to make a move and reestablish themselves elsewhere.

I do like my GRE scanners and the Starrsoft software. I can move data around (although not always cleanly) between the different models of scanners and if not, the different applications are very similar. There needs to be competition and I see a monopoly beginning. Then again, it might be a chance to see how Uniden scanners work, something I haven't had experience for 5 or 6 years since I put the BC-780 in the mothball section of my closet. I didn't like the software and the radio's performance and features were disappointing, especially the slow enough to be totally useless tone search. I'm glad that I live in a small rural area where Phase II is a long way off, if ever, because VHF-High is working for everyone just fine.

I will have to look into where Unden scanners are made. With such a huge amount of electronic devices being made in China there may be more fallout when this bubble bursts than we might realize. Those big screen TV's might go up in price.

I am wondering how much more an American Made GRE PSR 800 would cost.

[W9BU]

Originally Posted by kc2tek

It looks like all they need is enough floor space to set up work tables and cubicles since it's mostly manual assembly and not a lot of industrial machinery...

While final assembly may be mostly manual, I feel quite confident that the circuit boards are populated and soldered by machine, the cases and other plastic parts are injection molded by machine, and many other component parts are made by machines.