This Is How I Became a Chaebol

041 : Fertilizer and Heavy Equipment

Blue house.

“How is it?”

“President Woo Chan-soo is trying to merge Samo Textile as well as three member companies of the Textile Association. The Korea Development Bank has asked for a doctor.”

The chief of staff placed the financial reports of Samo Textile and the three member companies in front of the president.

Three member companies were already in bankruptcy, and even Samo Textile had a debt ratio of over 400%, so it could be said that the actual owner of the company was Korea Development Bank.

As with any fairly large company, it was purely up to the government to decide who to give the management rights to in terms of capital ratio.

“Tell me to help.”

“Yes, Your Excellency.”

The president pushed the report away without even looking at it.

It meant handing over management rights to President Woo.

“And, when the company is closed, call him.”

“Yes, Your Excellency.”

“Aren’t you curious why they call you?”

He shot at the chief of staff who was repeating yes.

“Ah, yes. What can I tell you?”

“Tell them to bring a plan for the fertilizer plant.”

“Yes, Your Excellency.”

The President knew that if Woo Chan-soo swallowed Sam-o, it was an expression of his confidence in the fertilizer factory.

I felt good inside.

It was because it seemed that the guy’s personality would wipe out the breath of the JPA.

‘Localize the fertilizer factory! Then all the votes in the countryside are mine.’

It felt like the paving stones for long-term rule were being completed.

****

“Chansu, it’s approved! It’s approved!”

Sambok shouted excitedly and jumped in.

He shook the corporate registration certificate, but there was no need to look at it.

「Typical Unemployment, Merger of 4 Textile Companies」

There was already a small notice in the economic section of the newspaper.

It seemed like they were openly advertising that the Blue House had been supported. Shall we say that the media is crawling on its own as Samo is swept away in one blow?

“You mean a merger? It even appeared in the newspaper here.”

“Did you start with the newspaper before the official registration was approved?”

it’s a dictatorship

It was tantamount to making a promise saying, ‘You know I looked after you, right?’

“Let’s take care of our business. Are all orders over?”

It took two days just to allocate manpower as the general unemployment crippled the four companies at once.

“Hongyang Textile, Dongnam Textile, and Hansung Textile were named the 2nd, 3rd, and 4th factories, respectively, and assigned one director to each.”

“If the old class leaders went, there would be no problem with that production line. Leave the factory manager vacant and distribute the technicians evenly. They will complement each other.”

“I will.”

In the meantime, Sambok recruited a wide-footed person named Gam Young-hwan, so it was a great help in selecting veteran technicians among the experienced.

“According to your opinion, make a branch in Busan. Promote the persimmon manager to section manager.”

“Is that okay?”

“Act immediately. Looking at your ability to handle work, I don’t think you can hear the sound of a parachute, what.”

The Busan branch was absolutely necessary.

Since most exports go through Busan Port, it was time to create an independent department in charge of import and export customs clearance.

“Somehow, I ended up with yarn, knitting, fabric processing, and sewing. Can we grow up like this?”

Sewing here meant making clothes with a sewing machine, not making stuffed toys.

This happened because Samo Textile and other member companies of the association were expanding their sewing lines.

They seemed convinced that they would dominate the clothing industry starting with Polytech’s military uniform business.

I couldn’t even drive the sewing machine workers out into the streets, so I created a sewing division. Business expansion has only come a little faster than expected.

‘What are you worried about? There’s no winner’s curse in the ’60s.’

In the 21st century, bankruptcies due to unreasonable mergers are common, but the 60s are an exception.

In the 1960s, it was impossible to cut off exports if products were made properly. Wasn’t it the time when the company was experiencing rapid growth of more than 16% per year?

“If you want to feed the staff, you have to go in and out of the Peninsula Hotel. Get a showroom on the first floor to display fabrics and meet foreign buyers. Most of the importers’ offices are there.”

The only place foreign buyers could be was at the Bando Hotel, so I remembered the OBs feeling sorry that business would have gone well if they had an exhibition room there.

OBs didn’t think about it until after they retired, but I can implement that idea now.

“A showroom at the Bando Hotel… meeting buyers… Wow, what did you think of that?”

“So you are the boss. I think of company work even in my dreams!”

When I shrugged my shoulders, Sambok put on a half-given expression.

yes i will admit it feel like doing?

Haha, whatever you do to Sambok is fun.

“If you meet a buyer, report it immediately. Let me prioritize.”

To be honest, I don’t know all the companies that American customers in the 60’s were. However, even if the volume is small now, I wanted to take care of the customers who will become large customers in the future.

“yes. I will only trust you Oh, more than that, now that I’ve returned to Korea, shouldn’t I stop by Ulsan too?”

“Yeah, I should go to the Blue House. While I was in Ulsan, I also stopped by Yeonggwang Synthetic Fiber in Masan.”

“Are you going to stop by there too?”

“Of course. He is the person who will become the president of the Korea Textile Association, but it is not worth seeing his face. I want to say thank you.”

It sounded like a formal greeting, but I was really curious.

Samoh’s deception must have been quite sweet, so why didn’t he betray him? I couldn’t resist my curiosity.

Perong! pop!

“what?”

A roar was heard somewhere.

Looking out the window, I saw smoke billowing from Comet Nylon.

I was surprised that there was a fire, but what was even more strange was the reaction of the people around me.

“Ah, old man Hwang is like that again. Chansu-ya, if you go to Ulsan and meet President Hwang Hye-seong, tell the old man to pay attention.”

“Why, what happened?”

“Can’t you see that? Old Man Hwang is experimenting with waterproof and breathable fabrics, and he blows up several times a day. There is no one to stop the old man unless it is President Hwang Hye-seong.”

“What? Was that the sound of an experiment? I told you not to! Dangerous.”

“Wouldn’t it have dried? At first, I could see your face, but now I can’t see it at all. You will be fine too.”

“You still have to dry it.”

I hurriedly ran toward Comet Nylon.

“Heh heh heh, I tried not to get noticed by President Woo, but that also failed.”Read at readwn

Just in time, old man Hwang was coming toward our factory, brushing off his soot-stained clothes. They said it was impossible to leave the door, but it seemed that they wanted to see my face.

“I told you it was dangerous. Just wait a bit. I’ll be back early next year. There are only a few months left.”

“Wait. If you want to do something at this age, do it right away. What is there to postpone?”

“……”

I had nothing to say.

It was something that could have been said at the old man’s age.

“Don’t worry, I’ll be sure to make it before you return.”

“Yes, I believe you.”

Far from stopping them, they encouraged them to cry out.

“Chansu! telephone! telephone!”

“telephone? Do it again later.”

“No, no. There, there!”

In the office on the second floor, Sambok called me, pointing at the receiver.

It looks like the Blue House.

Yes, I wanted to call you when.

“Hey, go. You look busy.”

“Then see you next time.”

“okay. okay.”

Old Man Hwang patted my butt and went back. After encouraging it, I was rather curious about how far I had progressed.

“This is President Woo Chan-soo.”

＜This is the Blue House. He wants to see you.＞

When the phone was handed over, it was the Blue House.

“Yes. All right.”

＜Aren’t you asking why you are looking for it?＞

“Well, you would say what to do with the fertilizer plant.”

＜……＞

“Send me some tea. Because I can’t drive my car.”

＜Yes, I will send it soon＞

Took.

“I’ll go to the Blue House.”

“Are you going straight to Ulsan after leaving?”

“Yes, I will go to Ulsan and then depart by warship. You don’t have to come out to see me off.”

“Jeop, a whole chicken and a glass of soju have become a dinner party.”

“If it’s delicious, that’s a dinner party.”

If you go to Baekgu Unit in Jinhae, you will be able to go directly to Quy Nhon by supply ship.

“okay. I’ll take the polytech.”

“Okay, take it. It is a gift.”

“gift?”

When I handed over the judgment, Sambok tilted his head, then unfolded it and frowned at once.

“Congratulations on your promotion. Director Lee Sam-bok.”

“Yai-san, how much more work are you going to do?”

“If it’s difficult, appoint a factory manager for each factory. Then, won’t things get a little easier?”

I wanted Sambok to appoint a factory manager.

There will be plenty of work, and efficiency will increase only when each plant manager sticks together around Sambok.

“Tell me to take care of the entire factory.”

“Is it just a factory? Don’t forget to set up a showroom at the Bando Hotel and bring in buyers.”

“Gosh. Sambok is dead.”

He threw himself on a chair and pretended to be a corpse, so he rubbed his shoulder.

I’m a vicious boss who makes zombies work. haha.

“If there is something urgent, call the telex.”

“Go and do well. It doesn’t go far.”

Sambok jabbed at my stomach to see me off.

Before I knew it, a black official car was waiting in front of the factory.

***

Blue House guesthouse.

“Imja, come on.”

“Did you call, Your Excellency?”

“Did you think you would escape by running away?”

“It was just because I was busy with work.”

At my answer, the president only smiled.

“I will.”

“Yes, I will fill the glass first.”

I picked up the kettle and filled the President’s glass.

Sure enough, it was makgeolli in the kettle.

The side dishes served were green onion pancakes and tofu kimchi.

I never thought I’d share with the president what I wanted to share with old man Hwang. It must have been true that he killed the bosses with makgeolli.

“Okay, what about the fertilizer plant?”

“No big deal. I can request the design from BR, and I can come and build it next year.”

The fertilizer plant is also a plant-type facility, so BR company can design it sufficiently.

As a huge construction company, it is difficult to know about fertilizer plants.

I could honestly do it myself, but designing it by myself without CAD or polymerization simulation tools was crazy.

“Are you building it yourself?”

“Yes, at the beginning of next year, Daesae Chemistry employees will have completed the plant construction, so I can take command.”

“Can you do it with only 200 people?”

You already know the number of my staff.

“Daily workers need to be recruited from time to time. There won’t be any air pressure or anything.”

“That’s not what I mean, I’m also in charge of running the fertilizer plant.”

“Thank you for your words, but it is difficult.”

“why?”

“I want to focus on exports. I want to jump so that my body is broken as I earn as much as I run. If so, I don’t think I’ll be in the mood to look at the domestic business.”

“!!!!”

Even if it is forced to come closer to a dictatorship, it is free in the middle of the day if you make an excuse to export.

At this time, the fertilizer factory had good cash flow as it was a cutting-edge industry, and it was also a slush fund factory for the president.

Did the saccharin smuggling case happen through the fertilizer factory for nothing?

As in the original history, Suseong Jedang should be in charge.

Come to think of it, I ended up putting Sam-o aside in place of Su-seong.

Originally, it was a business in the 1960s where the 1st and 2nd place in the business world fought fiercely to occupy each other.

Anyway, it is absolutely not acceptable to be cornered into a situation where you have to smuggle to create slush funds.

The answer was not to step in from the beginning.

I don’t even have a fertilizer plant in my plan, that’s all.

“Ha ha ha ha ha! excuses are good very good.”

“Your Excellency, it’s not an excuse, it’s time to really look into it…”

“done. How can I win if I will do my best to serve the U.S. military? drink.”

The president poured me makgeolli to overflowing. Even a college freshman wouldn’t drink to such a treat.

“thank you.”

I emptied it as best I could and filled it up again.

Damn, don’t fold any more.

“Come on, tell me. What else are you going to do in Vietnam?”

“……”

“Depending on what the owner says, the tax to be levied on the log will also be determined.”

‘dictator! Do you charge taxes as you please?’

After clearing out the fertilizer plant, they’re giving you bigger homework.

I felt the determination to pamper me.

“We will supply all US military equipment, including military uniforms, jungle boots, and gloves.”

“That is not natural. It’s called Polytechnic.”

“……”

Shit, was that the obvious business?

You told me to go build a port.

“Tell me something else!”

“We will use a large amount of domestic cement and rebar.”

“I heard from Hyunsan. Don’t tell me to take care of it.”

“……”

Has Boss Wang already reported?

You stopped by the Blue House before going to Thailand to build a highway.

“Let’s talk about a new business instead of that. Something that is of great help to the country, like hardwood.”

“…I want you to fix the machine.”

“repair machine?”

“The rainy season in Vietnam is long and persistent. The road is muddy, so it’s hard to get out once you fall into it. This is where used equipment continues to pile up.”

“You want to make money fixing US military equipment? Is that what you mean?”

“I’m trying to make money by breaking it.”

“!!!!!”

You shouldn’t use your head when communicating with this nobleman.

If you gamble like that, you will be embarrassed.

The answer is to be honest and ask for help. Of course, the operation must help the national economy.

“What can I help you with?”

OK. That’s all you need to do.

There are other items, but let’s just use this card.

“Please send only 300 mechanical engineering graduates among the college graduates graduating this year.”

“Three hundred each?”

“It’s a great opportunity to touch everything from heavy machinery to trucks to jeeps to airplanes. We need to give opportunities to those who have learned even a little professionally.”

“!!! Coheh!!”

The president was amazed.

I can eat those who educated me like that, right?

“I have one more request. Please allow duty-free importation of used equipment into Korea.”

“What are you talking about! Duty free!”

“So the US military sends scrap equipment from Vietnam to US military camps in Korea.”

“!!!!!”

“In the name of distributing junk equipment from the USFK to civilians, even cheaply.”

“Is that… the owner going to eat it?”

“It is for national prosperity.”

It’s perfect as an excuse to get cheap gear.

I am a true patriot.

At that time, there were only about 1,000 heavy equipment in Korea. It was no exaggeration to say that even that was outdated and there was no useful equipment.

In order to do heavy industry properly, I alone had to have at least 1,000 cranes, including large cranes.

If you miss the opportunity of the Vietnam War, you will never be able to save it.