Beiyang 1917
Chapter 23 John Anderson Raises the White Flag
Seeing that Anderson's face was not good-looking, Wang Geng didn't take it seriously, and he just snapped his fingers to settle the score for the old man:
"The current population of the United States is 9800 million. Although I don't have enough data, based on the population and production, I guess that the annual production of citric acid in the United States is about 2000 million pounds. Pfizer is the largest citric acid producer in the United States and the world.
According to the area of Pfizer’s factory in Brooklyn and the number of employees, with the current traditional production process of citric acid, your factory’s annual output of 700 million pounds of citric acid is enough. The price of citric acid in the US market is $1.25 Pounds, and with the rising raw material prices, the current market gross profit is about 20%.
If my calculations are correct, the Pfizer building, plus the old factory buildings and warehouses in Brooklyn, and more than 300 workers there, plus some sevens and eights in the Chicago office, the annual sales of Pfizer Around $700 million.
Of course, everyone knows that in your first year in charge of Pfizer, your sales reached 340 million U.S. dollars, and your net profit exceeded 40 U.S. dollars. Before the outbreak of the war, Pfizer’s highest annual sales exceeded 1000 million U.S. dollars.
However, after the outbreak of the war, the entire market and Pfizer were restricted and affected by raw materials, so I think it is quite remarkable that Pfizer's current annual sales can be maintained at 700 million US dollars!
Referring to the payment period of wholesalers in the U.S. chemical raw material market, the payment period is generally about three months to half a year. Your production liquidity is probably less than 300 million US dollars, and the total assets such as equipment workshops and buildings are about 200 million. about ten thousand dollars. "
"According to this calculation, the total assets of Pfizer are about 500 million US dollars. Of course, this is my own calculation. Only you, the general manager of Pfizer, know whether it is correct or not."
Anderson was extremely shocked. Although the data of the young man in front of him was not completely accurate, the way he calculated it was impressive. Founded in 1849, Pfizer has total assets of around US$600 million at the moment.
John Anderson was speechless for a while, the young man in front of him opened his eyes, and he was even thinking whether to keep him to work for Pfizer, Pfizer needs such young and brainy fresh blood.
"Looking at it this way, my calculations are close to ten. Congratulations, Mr. Anderson. So Pfizer's gross profit is around 150 million US dollars, and you can get 25% of the profit. My God, you are a rich man, you The annual income is at least more than 20 U.S. dollars! Your annuity income is higher than the combined annuity income of the two daughters of the Morgan family!"
Wang Geng yelled in a fuss.
"Not so much. Pfizer's investment in research and development exceeds your imagination. The company's annual net profit is only about 80 million US dollars. I have long since given up the income method of sharing 25% of the total profit. But young people, you really let me I'm amazed!"
Anderson suppressed the surprise in his heart, and his love for talents was so great that he couldn't help stretching out an olive branch, and said eagerly,
"Young man, are you interested in joining Pfizer? With your brains, I believe Pfizer will definitely have a place for you. I can give you an annual salary of five thousand dollars! How about being my assistant!"
Wang Geng was a little grateful, but also a little disappointed. Nima, my goal is to dominate a country. It is just a daydream to win over me for five thousand dollars to do it for you!
I am grateful because of the little Edison last night. Charles Edison was in my father’s General Electric, and his weekly salary was only 25 dollars, and his annual income was only 1400 dollars. This Anderson really has a vision, and he dared to shoot A high salary that is three times higher than others to win him over.
"I heard that Pfizer has established a new laboratory. Your chief chemist, James Curry, is working on a new citric acid process day and night? I don't know how it is going? When will it be fruitful?"
Wang Geng changed the subject, refused to pick up the hydrangea thrown by the old man, and brought the topic back to the citric acid new craft project!
"Good progress! I believe that we, Pfizer, will set off a storm in the industry soon. We will become the pioneers in inventing a new citric acid process in the world! A revolutionary change in the production of citric acid in the chemical industry will soon be born in Pfizer's laboratory!"
Anderson decided to bluff Wang Geng first, talking about bargaining skills, the old Jianghu Anderson thought that the young man in front of him was not his opponent!
Hmph, old fox, if I don’t know, your James Curry is great, but in history, waiting for him to come up with a new technology of citric acid, at least until 1919, now it’s only February of 1917, this old man brags and doesn’t write drafts , actually trying to bluff me!
"Then I congratulate you, Mr. Anderson, I believe that other chemical and pharmaceutical companies in the United States will not be less interested in my inventions, and they lack a great chemist like James Currie to do it for them in the laboratory. Most of these companies are headquartered in Manhattan, New York!"
Wang Geng stood up from the sofa, stretched out a hand to Anderson and said,
"I took the liberty of interrupting you to waste your precious time, so I'll take my leave now, and I still have time to go to Citi Pharmaceuticals before lunch!"
"Hey! Young man, why are you doing this! If there is a better new process that can shorten our research and development process, of course we are happy to see it. It's just that you just asked how much Pfizer's total assets are, which is a bit confusing. I can't figure it out, do you want to buy shares in Pfizer? Or, do you want to buy our Pfizer company?!"
Wang Geng sat back on the sofa, but his face straightened, and he said slowly,
"Mr. Anderson, I am here to find the best way for both parties to cooperate. You should thank me that my first choice is you and Pfizer, not other heavyweight Pfizer competitors such as Citigroup Johnson & Johnson."
"I have 100% confidence that the new process invention of citric acid I provided will set off a revolution in the chemical, pharmaceutical and food industry of the whole world! The cost of citric acid will be reduced by at least three times and the output will be increased by three times! My citric acid can be Not fudged from citrus concentrate!"
"Mr. Wang, as you said, the importance of citric acid to Pfizer is self-evident. From a small point of view, this is a business with an annual turnover of at least 700 million US dollars. From a large point of view, it is related to Pfizer, which already has The fate and future of the 68-year-old company!"
Anderson stifled the cigar in his hand with a wry smile, and continued, "I hope you can understand my caution. When I took over the management of the company from Mr. Charles Pfizer, I made a solemn promise to him."
"This is the most awe-inspiring quality. In fact, I heard that Pfizer's business is booming under your leadership, and you also promised that if any Pfizer employee is drafted into the army in the future, Pfizer will not only serve They keep their jobs, and their families continue to receive regular staff salaries?"
Wang Geng thought to himself, who said that capitalists are mercenary and hard-hearted?This John Anderson is one of the representatives of humanism, in fact, this is also the most important reason why he chose Pfizer and Anderson as partners!
"Young man, you are amazing. This is indeed a point I made and insisted on at the board meeting at the beginning of the year. The question is that we have never been interviewed by the media. How did you know?"
Anderson looked surprised. The Chinese youth in front of him was becoming more and more incomprehensible to the old man, but at least he didn't see any malice from Wang Geng. If he wanted to hit Pfizer, he would sell the new technology invention to any of Pfizer's competitors. Can achieve the purpose.
"Could it be that Wang Geng is really an angel who came to help Pfizer get through this difficult time?" Anderson murmured hesitantly,
"The cost has been reduced by three times and the output has been increased by three times! If this is the case, let alone the United States, the world's citric acid market will be monopolized by Pfizer!"
"It is not only Pfizer that benefits from this, but also the food, beverage, pharmaceutical and industrial manufacturers that use citric acid. Consumers will get the greatest benefits. This is a great merit! How about I release it to the world for free? "Wang Geng teased Anderson half-truthfully!
"Hey! How is that possible! How is that possible... You will not only be Pfizer, but many upstream and downstream manufacturers will go bankrupt, and countless workers and employees will lose their jobs. This is absolutely impossible!"
Even though Anderson knew that the guy in front of him was teasing him with the idea of retreating, he still couldn't help shouting anxiously!
"You are right. Good things must be in the hands of people with high moral character and good character at the right time. You and Pfizer are the ones I choose! Unless you refuse my request, my invention must be Pfizer's first Master one and put it into production!" Wang Geng began to close the net!
"Young man, I can't refuse your temptation, and I'm willing to take risks for it. Please offer your price! We shouldn't waste time testing each other and going around in circles!"
Anderson helplessly raised the white flag, and of course he did not forget to follow up,
"If the new process you invent is as fruitful as you say it is!"
"The current population of the United States is 9800 million. Although I don't have enough data, based on the population and production, I guess that the annual production of citric acid in the United States is about 2000 million pounds. Pfizer is the largest citric acid producer in the United States and the world.
According to the area of Pfizer’s factory in Brooklyn and the number of employees, with the current traditional production process of citric acid, your factory’s annual output of 700 million pounds of citric acid is enough. The price of citric acid in the US market is $1.25 Pounds, and with the rising raw material prices, the current market gross profit is about 20%.
If my calculations are correct, the Pfizer building, plus the old factory buildings and warehouses in Brooklyn, and more than 300 workers there, plus some sevens and eights in the Chicago office, the annual sales of Pfizer Around $700 million.
Of course, everyone knows that in your first year in charge of Pfizer, your sales reached 340 million U.S. dollars, and your net profit exceeded 40 U.S. dollars. Before the outbreak of the war, Pfizer’s highest annual sales exceeded 1000 million U.S. dollars.
However, after the outbreak of the war, the entire market and Pfizer were restricted and affected by raw materials, so I think it is quite remarkable that Pfizer's current annual sales can be maintained at 700 million US dollars!
Referring to the payment period of wholesalers in the U.S. chemical raw material market, the payment period is generally about three months to half a year. Your production liquidity is probably less than 300 million US dollars, and the total assets such as equipment workshops and buildings are about 200 million. about ten thousand dollars. "
"According to this calculation, the total assets of Pfizer are about 500 million US dollars. Of course, this is my own calculation. Only you, the general manager of Pfizer, know whether it is correct or not."
Anderson was extremely shocked. Although the data of the young man in front of him was not completely accurate, the way he calculated it was impressive. Founded in 1849, Pfizer has total assets of around US$600 million at the moment.
John Anderson was speechless for a while, the young man in front of him opened his eyes, and he was even thinking whether to keep him to work for Pfizer, Pfizer needs such young and brainy fresh blood.
"Looking at it this way, my calculations are close to ten. Congratulations, Mr. Anderson. So Pfizer's gross profit is around 150 million US dollars, and you can get 25% of the profit. My God, you are a rich man, you The annual income is at least more than 20 U.S. dollars! Your annuity income is higher than the combined annuity income of the two daughters of the Morgan family!"
Wang Geng yelled in a fuss.
"Not so much. Pfizer's investment in research and development exceeds your imagination. The company's annual net profit is only about 80 million US dollars. I have long since given up the income method of sharing 25% of the total profit. But young people, you really let me I'm amazed!"
Anderson suppressed the surprise in his heart, and his love for talents was so great that he couldn't help stretching out an olive branch, and said eagerly,
"Young man, are you interested in joining Pfizer? With your brains, I believe Pfizer will definitely have a place for you. I can give you an annual salary of five thousand dollars! How about being my assistant!"
Wang Geng was a little grateful, but also a little disappointed. Nima, my goal is to dominate a country. It is just a daydream to win over me for five thousand dollars to do it for you!
I am grateful because of the little Edison last night. Charles Edison was in my father’s General Electric, and his weekly salary was only 25 dollars, and his annual income was only 1400 dollars. This Anderson really has a vision, and he dared to shoot A high salary that is three times higher than others to win him over.
"I heard that Pfizer has established a new laboratory. Your chief chemist, James Curry, is working on a new citric acid process day and night? I don't know how it is going? When will it be fruitful?"
Wang Geng changed the subject, refused to pick up the hydrangea thrown by the old man, and brought the topic back to the citric acid new craft project!
"Good progress! I believe that we, Pfizer, will set off a storm in the industry soon. We will become the pioneers in inventing a new citric acid process in the world! A revolutionary change in the production of citric acid in the chemical industry will soon be born in Pfizer's laboratory!"
Anderson decided to bluff Wang Geng first, talking about bargaining skills, the old Jianghu Anderson thought that the young man in front of him was not his opponent!
Hmph, old fox, if I don’t know, your James Curry is great, but in history, waiting for him to come up with a new technology of citric acid, at least until 1919, now it’s only February of 1917, this old man brags and doesn’t write drafts , actually trying to bluff me!
"Then I congratulate you, Mr. Anderson, I believe that other chemical and pharmaceutical companies in the United States will not be less interested in my inventions, and they lack a great chemist like James Currie to do it for them in the laboratory. Most of these companies are headquartered in Manhattan, New York!"
Wang Geng stood up from the sofa, stretched out a hand to Anderson and said,
"I took the liberty of interrupting you to waste your precious time, so I'll take my leave now, and I still have time to go to Citi Pharmaceuticals before lunch!"
"Hey! Young man, why are you doing this! If there is a better new process that can shorten our research and development process, of course we are happy to see it. It's just that you just asked how much Pfizer's total assets are, which is a bit confusing. I can't figure it out, do you want to buy shares in Pfizer? Or, do you want to buy our Pfizer company?!"
Wang Geng sat back on the sofa, but his face straightened, and he said slowly,
"Mr. Anderson, I am here to find the best way for both parties to cooperate. You should thank me that my first choice is you and Pfizer, not other heavyweight Pfizer competitors such as Citigroup Johnson & Johnson."
"I have 100% confidence that the new process invention of citric acid I provided will set off a revolution in the chemical, pharmaceutical and food industry of the whole world! The cost of citric acid will be reduced by at least three times and the output will be increased by three times! My citric acid can be Not fudged from citrus concentrate!"
"Mr. Wang, as you said, the importance of citric acid to Pfizer is self-evident. From a small point of view, this is a business with an annual turnover of at least 700 million US dollars. From a large point of view, it is related to Pfizer, which already has The fate and future of the 68-year-old company!"
Anderson stifled the cigar in his hand with a wry smile, and continued, "I hope you can understand my caution. When I took over the management of the company from Mr. Charles Pfizer, I made a solemn promise to him."
"This is the most awe-inspiring quality. In fact, I heard that Pfizer's business is booming under your leadership, and you also promised that if any Pfizer employee is drafted into the army in the future, Pfizer will not only serve They keep their jobs, and their families continue to receive regular staff salaries?"
Wang Geng thought to himself, who said that capitalists are mercenary and hard-hearted?This John Anderson is one of the representatives of humanism, in fact, this is also the most important reason why he chose Pfizer and Anderson as partners!
"Young man, you are amazing. This is indeed a point I made and insisted on at the board meeting at the beginning of the year. The question is that we have never been interviewed by the media. How did you know?"
Anderson looked surprised. The Chinese youth in front of him was becoming more and more incomprehensible to the old man, but at least he didn't see any malice from Wang Geng. If he wanted to hit Pfizer, he would sell the new technology invention to any of Pfizer's competitors. Can achieve the purpose.
"Could it be that Wang Geng is really an angel who came to help Pfizer get through this difficult time?" Anderson murmured hesitantly,
"The cost has been reduced by three times and the output has been increased by three times! If this is the case, let alone the United States, the world's citric acid market will be monopolized by Pfizer!"
"It is not only Pfizer that benefits from this, but also the food, beverage, pharmaceutical and industrial manufacturers that use citric acid. Consumers will get the greatest benefits. This is a great merit! How about I release it to the world for free? "Wang Geng teased Anderson half-truthfully!
"Hey! How is that possible! How is that possible... You will not only be Pfizer, but many upstream and downstream manufacturers will go bankrupt, and countless workers and employees will lose their jobs. This is absolutely impossible!"
Even though Anderson knew that the guy in front of him was teasing him with the idea of retreating, he still couldn't help shouting anxiously!
"You are right. Good things must be in the hands of people with high moral character and good character at the right time. You and Pfizer are the ones I choose! Unless you refuse my request, my invention must be Pfizer's first Master one and put it into production!" Wang Geng began to close the net!
"Young man, I can't refuse your temptation, and I'm willing to take risks for it. Please offer your price! We shouldn't waste time testing each other and going around in circles!"
Anderson helplessly raised the white flag, and of course he did not forget to follow up,
"If the new process you invent is as fruitful as you say it is!"
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