Originally Posted by kirb
They started this project at a perfect time- engineering firms need work to do with the downturn in the auto industry. MFG firms are more willing to take on small batch projects. They have timing and a good idea on their hands.
I made this point earlier in the th'd when everybody was busy dogpiling them on their "timing". This is the perfect time for engineering work on the small/cheap, and that was reinforced by the short interview. You think the engineering company for the GM factory race team would've returned their call in 2006? Katech won't be making much cash off this deal, but it keeps quality personnel around that might be thinking about a move and gets them exposure until the next big deal comes along.