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Was This Project a Success or Not?

October 31st, 2009 No comments

In this article I want to tell you about a project I managed that had the potential to be successful except for one detail the owners overlooked. The project was to build a medium density fiberboard (MDF) plant. The background of the owners of the plant was all financial. They had a plan to get into the environmental friendly business of which this particular MDF plant was part of. The plan for the plant was to make MDF board from scrap lumber. If you think of building a house, there all manner of small waste pieces of 2 x 4’s that go to landfill or some other use. This is the scrap we were looking for. This meant the plant had to be near a large population area. The owners had no money, but with their financial background, knew how to work the venture capital market.

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