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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

    Cue up the Dr. Evil pics



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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.


    "Blamo"! The new CF approved swear word.

  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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