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  1. #1
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    Ames business sells for $1 billion

    I would think they would stay in Ames, it could affect some very high paying jobs:
    Billion-dollar deal: BASF acquires Becker Underwood | Ames Tribune

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    Re: Ames business sells for $1 billion

    I had the opportunity to meet Roger Underwood when I was an undergrad. Very intelligent businessman.

    BASF has bought several businesses recently.




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    Re: Ames business sells for $1 billion

    BASF doesn't make a lot of the products you buy. BASF makes a lot of the products you buy, better.



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    Re: Ames business sells for $1 billion

    Time for Jamie to make a few calls to the major stakeholders.

    "your name's not on a billion dollar business anymore.... how about an endzone?"



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    Re: Ames business sells for $1 billion

    SEZ! SEZ! SEZ!



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    Re: Ames business sells for $1 billion

    Quote Originally Posted by alarson View Post
    Time for Jamie to make a few calls to the major stakeholders.

    "your name's not on a billion dollar business anymore.... how about an endzone?"
    Just what I was thinking!




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    Re: Ames business sells for $1 billion

    Quote Originally Posted by alarson View Post
    Time for Jamie to make a few calls to the major stakeholders.

    "your name's not on a billion dollar business anymore.... how about an endzone?"
    That's my first thought!


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    Re: Ames business sells for $1 billion

    I was just going to say, our lead donor? But I've been beaten to the SEZ thought.


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    Re: Ames business sells for $1 billion

    2 percent is all we'd need.



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    Re: Ames business sells for $1 billion

    Quote Originally Posted by ruxCYtable View Post
    BASF doesn't make a lot of the products you buy. BASF makes a lot of the products you buy, better.
    In this case they could not make a better product so they bought a major player in that niche. BASF's seed treatment development pipeline has consisted of a lot of dead ends the past 5 years.



  11. #11
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    Re: Ames business sells for $1 billion

    I have several relatives that work there. Huge Cyclone Company. Jeff Becker and Roger Underwood are good people. Amazing how this company has grown.

    Nervous to find out what happens.

    I would love to see our students in the BASF endzone though:) Maybe throw an "AllState" Net up for kicks...lol



  12. #12
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    Re: Ames business sells for $1 billion

    Unfortunately, Norwest Equity Partners had purchased Becker Underwood in 2004. So most of the funds are probably going to go to them. But if I was Pollard, I still might want to follow-up just in case some of that $1,000,000,000 was staying in Iowa.



  13. #13
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    Re: Ames business sells for $1 billion

    Great news for those guys. Love to see some guys building a fortune in Iowa over the course of 27 years. Even better that it was in Ames. Congrats to those folks for cashing out.


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  14. #14
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    Re: Ames business sells for $1 billion

    i thought everybody knew that roger underwood was already a very promient donor/alumni of isu.



  15. #15
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    Re: Ames business sells for $1 billion

    Hopefully the business stays in Ames, would be a big hit to lose it.



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