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What price do you think each manufacturing facility will get? Why? Defend with economic principles.

  1. What price do you think each manufacturing facility will get? Why? Defend with economic principles.

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The Benefits Of Speed And An Immediate Stream Of Income
The appeal of buying an existing facility is not only initial cost. Many of these facilities are up-and-running, making the time to get the facility operating very short. Stuart Hinchen is cofounder and president of JHP Pharmaceuticals, which bought a facility in 2007 which now manufactures products for itself and others on a contract basis. He notes that construction of a new facility can take two to three years. Add another year or two to get one’s products approved, and the time frame for a new facility from start to operations can run as much as four to five years.

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