Chapter 483 Preparations before investing in New Haven
"Mr. Griffin, look at this area, it is all virgin land that has not yet been opened! Construction has already started on Grand Island, and it should be soon here in Eastport! I will ask for specific information later, especially in New Haven.
It’s about attracting investment.”
"I have news here. Just before Christmas, the German company Merck signed a cooperation agreement with Yale. Yale provides academic and scientific research support, and Merck provides funds, equipment, and establishes a medical research institute.
There is a biochemistry research institute. The specific research direction is unclear, and I have not heard of building a factory. It should be just a research and development center. But this is a good sign!"
"Is it Merck?"
Driving in the still-deserted East Harbor area of New Haven. After listening to Rick's introduction, Griffin asked first:
"In terms of science and engineering, Yale's biological sciences are indeed relatively strong. But because it attracts large companies like Merck, I feel that maybe it still lacks something? Massachusetts or Harvard next door."
I didn’t say “Which of the two is better than Yale in science and engineering?”, but the meaning is very clear.
Even Carter, a layman who is completely unfamiliar with pharmaceutical companies, finds it a bit mysterious. After all, pharmaceutical companies are usually very large. R&D funds can easily reach hundreds of millions, and it will take several years to invest billions before they can produce anything.
Then one or two finished medicines.
If you have money and patience, what university is not good for you to work with? Why did you choose Yale?
Such companies are not usually attracted by some ground rent reduction.
"That's it. It's not just Yale that's involved. Harvard and UMass may also be involved. After all, they're not far away. I think the credibility is quite high. Merck has been looking for universities to cooperate in the past few years.
We have many universities here, including Yale and Trinity College in Connecticut, and MIT and Harvard next door. They are all first-class universities. In addition to medicine, I estimate that LCD-related research institutes and laboratories may also open here.
.”
"If everything goes well and the cooperation results are good, there is a great chance that the LCD factory or the new OLED factory will be able to settle in New Haven! Firstly, there is a natural outlet to the sea and a developed railway network, which facilitates transportation; secondly,
New Haven is also close to the two major metropolitan areas of Boston and New York, which are some of the largest markets in the United States."
Rick smiled and seemed very confident about the German Merck Group's involvement in the small pond of New Haven:
"And the most important thing is that we have the lowest cost here! Whether it is New York, Boston, or Hartford where Trinity College is located, in terms of factory construction costs, they are not as good as ours in New Haven. Oh, by the way, New York
There is also Columbia University! These are very high-quality resources. A single university may not matter, but so many universities are gathered in this area.”
"It takes about three hours to drive. The farthest distance from New York to Boston, which is more than 200 miles, can be reached within half a day. This area is already very small. There are three Ivy League schools in such a small area. If you add the Roman
Brown University in Texas, that’s four. Providence, where Brown University is located, is also within a two-hour drive from New Haven, plus the State University of New York, Boston College and other non-Ivy schools, but their academic strength is also
A very strong institution.”
"With New Haven as the center, there are at least a dozen colleges and universities nearby. As long as these resources can be integrated, even if there is no Merck, there is still Merck, and we can always attract people to invest!"
"The key is the issue of timeliness, and it is not easy to integrate these resources! For a single company, assuming I am Merck Pharmaceuticals now, I want elite professors from various universities to participate in research in the laboratory. In
When the laboratory is not well-known, it is difficult to attract them to join, and perhaps the only way is sponsorship. If you sponsor scientific research, the more schools you join, the heavier the burden sometimes will be."
Griffin looked out the window, thoughtfully:
"Moreover, from the perspective of our own interests. Mr. Black, what are you going to do? To be honest, I am a little unsure about coming alone, but if we cooperate with Dog Real Estate, I will supply you with the low-price and high-quality products you need.
Building materials. As long as the quantity is sufficient, it’s not a problem!”
"I should come in. The land prices around Yale haven't risen yet. And Eastport, and we speculate that West Haven is mainly about money, I don't have enough money right now!"
Carter smiled bitterly, investing in New Haven.
It’s hard to say in other directions, but around Yale, it’s definitely worth it!
After all, as a time traveler, Carter knew clearly that after entering the 1990s, a large number of international students would appear in the United States.
Needless to say, on the Chinese side, New Oriental, Crazy English, etc., aren’t they all promoted by the craze for studying abroad? The vision has shifted to the international level. With the disintegration of the Soviet Union, many of the Warsaw Pact countries in Eastern Europe will be
Joined the Western camp.
Now that we have joined the Western system, agree with the so-called Western values, and believe that their system is advanced, then when the time comes, should we come to the United States, which is the most "Western" country, to learn from it?
With the influx of this group of people, the rental and second-hand housing markets around Yale, or not to mention renting, the more people there are at Yale, the better the business of the surrounding shops. This is always possible!
Even if international students don’t spend money on real estate, there are always businesses!
It's just this reason that Carter can't say, and he won't say it directly. After all, it's only 1982, and the giant bear in the Far East has not shown signs of collapse.
"Mr. Griffin, you should know that Douglas's development in the past few years has been made possible by real money. I originally planned to learn from the mortgage association's operations and package the mortgages and obtain financing in the bond market.
But the recent interest rates on government bonds are too high! I need to wait until the interest rates on government bonds fall and are lower than my loan interest rates before I can have a living money for investment in New Haven.”
"How much do you plan to invest? How long do you expect it to take?"
"Let's start with 20 million, Mr. Griffin. By then, the demand for building materials will not be less than 10 million. You shouldn't lose money with this amount, right? Can you provide me with materials at the same price as Douglas?"
"Unless you pay for the freight yourself! How about I send the goods to Douglas for you? At the end of last year, the price of building materials increased again. Considering our relationship, I did not increase the price. But the profit margin is not much. If
If I pay an additional shipping fee, I really won’t make any money!”
"Oh my god, just load the ship in Florida! Keep the waybill and settle the bill with Mr. Kane. Am I the kind of person who cheats my partners? The currency value has indeed depreciated significantly recently, I understand that."
"God praises you, Mr. Black! Then I'll go back and sort it out to see how to arrange transportation at the lowest cost. I remember at yesterday's banquet, Mr. Alexander was in charge of the New York area. I'll contact him to see if I can get it from
He received a batch of goods in advance."
Chapter completed!