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"Phillips County has two really good industries: livestock and grain farming.
"Since Dennis Kozlowski, the chief executive, took the helm in the early 90's, Tyco has been noted for taking over companies in good industries that were not clicking on all cylinders and trimming the fat out of their operations," said Michael Jaffe, director of industrial research at Standard & Poor's.
This paper studies equilibrium merging behavior in composite good industries.
Many European countries, such as Finland, have high GDP growth and good industries.
Note that this difference is rooted to the higher diversion ratio and margin that arise in composite good industries.
Also, the discrete good industries have more opportunities to perform product modifications than commodity-based industries leading to wider possibilities in terms of pollution prevention technologies.
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"It is a good industry," Mr. Gelston said.
"And it is a good industry.
"It's a good industry for our country, a good industry for our farmers and partners around the world.
I think they know we operate in a good industry and have a good business model.
"In economic times like this, this is a good industry to be in".
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