Just taking a sneak at the career menu at PDT. There is certainly no shortage of positions vacant available at the company. If things were that bad for them and TZ then it certainly doesn't look like it. Between them and TZ they have been pretty active in the jobs market.
Not sure what the restructuring is about from the latest TZ announcement but the hiring of staff is always a positive.
I'm guessing Feber was always going to be only used for the initial introductory contact with new/existing customers to try and break in the new technology being introduced in the US fastening industry. Easier to use one of America's biggest fastening company executives instead of an upstart Aussie to break down barriers. The customers have known acument/textron for years. But Mr Kelliher has more experience on the technology side then Feber. I reckon Feber will be used as a consultant to break down further barriers with customers for tz. It is easier using a yank from a blue chip fastening company rather than a newbie from Australia. Not saying that you can't but the time taken would be much longer to break in the market.
Let's not forget what is good for TZ is good for acument. I reckon Acument would be playing a bit of chess. Haven't seen any major selling to suggest that Acument is getting out. And if the board changes include a new director from Acument then things are looking even more positive. Time will tell.
Just my thoughts.
Add to My Watchlist
What is My Watchlist?
