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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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I had to put down a 10% deposit when I signed the contract. He is gearing up with cash-on-hand (although I imagine financing some of the larger capital equipment).
Still, the local area historically has had a pretty stable economy that is only affected mildly by recession. Not saying this time can't be different though.
I think he is making the right moves for this area...
__________________
Some Porsches long ago...then a wankle...
5 liters of VVT fury now
-Chris
"There is freedom in risk, just as there is oppression in security."
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