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Poll results

On Sept. 30, Mitsubishi Heavy Industries of Japan said it planned to obtain 100% ownership of Worcester steel mill manufacturer Primetals in early 2020, by buying out 49% of the company from German industrial manufacturer Siemens, which co-founded the company. In a move announced last year, Primetals is consolidating its Worcester operations into a $28-million building in Sutton. Of the 10 largest employers in Central Massachusetts, five are headquartered in the region.

Is it better for local companies like Primetals to have local ownership?
Yes, the people making employment and financial decisions should be local. (39%, 37 VOTES)
No, having outside investment helps boost the region’s economy. (5%, 5 VOTES)
It doesn’t matter as long as the owners are invested in the community. (56%, 54 VOTES)
Poll Description

On Sept. 30, Mitsubishi Heavy Industries of Japan said it planned to obtain 100% ownership of Worcester steel mill manufacturer Primetals in early 2020, by buying out 49% of the company from German industrial manufacturer Siemens, which co-founded the company. In a move announced last year, Primetals is consolidating its Worcester operations into a $28-million building in Sutton. Of the 10 largest employers in Central Massachusetts, five are headquartered in the region.

  • 96 Votes
  • 0 Comments

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