Salt Pond, Long Island?


A green house anywhere?

Morton salt
Key numbers for fiscal year ending December, 2005:
Sale: $925.0M
Almost a billion dollars.



Unbelivable!

Amazing no one harped on this on a continuous basis. You mean to tell me that the Gov. is not getting a significant amount of that revenue? If that's the case, something is drastically wrong here.

the funny thing to me about that salt fiasco is that the compny said they had to cut days of employees becuase the rain was melting the salt i was like well jeezus its 2007 u dont think they could have gotten a tarp. lol or should have build a permant housing structure or something...????

to the person that said the bahamas is actually a big country i agreee with you. think about it the bahamas extends from south florida to the haita/jamaica portion of the caribben i think that between 1500-2000 miles long granted alot of it is water but u can still make money off water

This isn't new. People were saying this back in the 80s when I was still in elementary.

If the Bahamas, or I should say Bahamians, took over salt production there's no way we'll see numbers like 900 million. More like 90 million, maybe less. Because now you're only market will be the Bahamas. Morton Salt Inc., has production facilities everywhere. For Bahamians the issue will be transportion. Salt is cheap to buy but expensive to ship. It'll cost more to ship a box of salt than the box of salt itself. Unless you're shipped hundreds of tons of salt - which we won't be doing since the only customer will be Bahamians.

This isn't new. People were saying this back in the 80s when I was still in elementary.
If the Bahamas, or I should say Bahamians, took over salt production there's no way we'll see numbers like 900 million. More like 90 million, maybe less. Because now you're only market will be the Bahamas. Morton Salt Inc., has production facilities everywhere. For Bahamians the issue will be transportion. Salt is cheap to buy but expensive to ship. It'll cost more to ship a box of salt than the box of salt itself. Unless you're shipped hundreds of tons of salt - which we won't be doing since the only customer will be Bahamians.


I am liking the way we are "nationalizing" private companies, when the PLP is in power. This debate should have been ongoing BEFORE, the Atlantis and Cable Bahamas deals were being negotiated. With that it would have held no merrit then, and holds no merrit now.
:o
With that, nationalizing private industry is a Commuist and Socialist ideal. Something in which many of the contributors to this thread, label the PLP directly as; cozying up to the Chinese and Castro. Seems odd now that they are talking about "nationalizing" anything, when their rhetoric has been historically against communism and socialism. Hhhmmmmmm:uh:

I would be the first to buy Morton Salt, if I had 1billion dollars to spare. Any sensible Bahamian billionaire, should be thinking along those lines as well.

I wouldn't.

I certainly wouldn't encourage government owning business either - that's completely ridiculous. If I had a billion dollars to spare I would start a new company. Create new jobs for Bahamians - it wouldn't shut down Morton's operations in the Bahamas which means the Bahamians that work for them would still have a job, but it would cut off Bahamians as Morton Salt consumers.

I understand the argument of government ownership. Only citizens can work for the government - or at the very least we'll ensure that the majority of employees would be Bahamians. Importing salt is not so bad. But importing skilled workers is atrocious when educated and skilled Bahamians can't find a job.