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This quote is just one of 9 total Wayne Fraser quotes in our collection. Wayne Fraser is known for saying 'You can't run a steel company like a cash machine.' as well as some of the following quotes.
You can't run a steel company like a cash machine.
Algoma employees and pensioners, the company's suppliers, the City of Sault Ste. Marie and the government of Ontario contributed hundreds of millions of dollars to the effort to making this company viable.
Steel companies need cash to operate. Steel prices fluctuate and steel companies need cash to manage the ups and downs of the historically cyclical market. Raiding cash during good times is short sighted and counter to the long-term interest of the company.
This quote is just one of 9 total Wayne Fraser quotes in our collection. Wayne Fraser is known for saying 'You can't run a steel company like a cash machine.' as well as some of the following quotes.