Building a Conglomerate in Another World - Chapter 38 - The Birth of a New Corporation

A day later, in Matthew’s factory. The workers of his automobile’s project were standing in front of a makeshift platform, waiting for an announcement Matthew will make.

In their minds, they were contemplating on what Matthew would say to them, is it going to be a new prototype? Addressing concerns? Or worse, ending the project and leaving all of them jobless.

The workers wanted answers.

Matthew stood on the makeshift platform in front of his gathered workers. The factory floor was filled with a quiet buzz of curiosity and anxiety as everyone waited for him to speak. The murmur of voices died down as he raised his hand, signaling for their attention.

“Thank you all for gathering here,” Matthew began. “I know you’ve been wondering about the future of our project, and today, I’m here to put your minds at ease.”

He paused, letting his words sink in, noticing the flicker of relief among the workers.

“I’m proud to announce that, thanks to the success of our automobile project, we’ve secured significant investments. Wit this, we will be able to realize our dreams of revolutionizing the mode of transportation.”

There were murmurs of excitement from the crowd. Some exchanged hopeful glances, while others nodded, clearly relieved that their jobs were secure.

“But there’s more,” Matthew continued. “To truly reach our goals, we’re going to have to expand beyond this factory. However, that doesn’t mean we’re leaving here just yet. For now, we’ll keep operations running here as usual. But I’ve already secured a plot of land suitable for a brand-new manufacturing facility complex.”

Matthew saw the workers lean in, hanging on to his every word.

“In this new facility, we won’t just focus on automobiles. We’ll be manufacturing trucks, motorcycles, pickup trucks, coupes, and more. This expansion will allow us to innovate and diversify our production lines, making us a leader in the industry. But that’s not all. This new complex isn’t just for work. I want you and your families to be part of this journey. That’s why the new site will include housing, schools, and other amenities. You won’t have to be separated from your loved ones. You’ll be able to live, work, and grow together, all in one place.”

The announcement brought a louder cheer from the crowd. For many of them, the idea of having their families close while working was a dream they had never imagined.

“Construction will begin in the first month of May,” Matthew explained. “I expect it to take between six months to a year, depending on the speed and dedication of the construction workers. Until then, we’ll continue working right here, improving our designs and preparing for the big move.”

Matthew paused, looking around at the eager faces before him. “I want to thank each and every one of you for your hard work, your dedication, and your belief in this project. Without you, none of this would have been possible.”

He took a step back from the platform, giving a final nod. “Let’s make this dream a reality. Thank you.”

As he stepped down, the workers erupted in applause. He went back to his office where he began planning for the future of his company.

First off, the company itself.

He leaned back, rubbing his temples as he thought about the best way forward. It was clear to him that running multiple enterprises under separate entities would become chaotic. To scale efficiently, he needed to centralize everything under a single organization.

Corporation.

The idea struck him like a bolt of lightning. A corporation. That would be the best way to control the various enterprises he was planning to start. By creating a parent corporation, he could manage the different industries under one umbrella, streamline operations, and attract more investors by showing them a unified, strategic vision.

Matthew pulled out a fresh sheet of paper and began jotting down notes.

Name of the Corporation: Hesh Industries Corporation.

Structure: The corporation would have several subsidiaries, each dedicated to a specific sector:

Hesh Motors for the production of automobiles, trucks, motorcycles, and more.

Hesh Oil & Gas for the extraction, refining, and distribution of fuel.

Hesh Steelworks to supply the high-quality steel needed for manufacturing vehicles.

Hesh Rubber & Tire to produce tires for the expanding automobile lines.

Hesh Housing & Construction to manage the development of the new manufacturing complex and employee housing.

Board of Directors: Matthew would act as the CEO of the company while Charles Fitzwilliam would act as the Chairman of the Board as he is the angel investor of his company.

Capital Allocation: The funds he secured from Charles Fitzwilliam would be allocated across the various subsidiaries to jumpstart operations.

Hesh Motors: 500,000 Florins.

Hesh Oil & Gas: 500,000 florins.

Hesh Steelworks: 700,000 florins

Hesh Rubber & Tire: 300,000 florins.

With all that settled, you might have some questions as to why the Hesh Motors only get 500,000 florin the same as Hesh Oil & Gas while the Hesh Steelworks get 200,000 more than those two? The reason is simple, all of the enterprises that he was going to start are all lucrative. In the future, oil would become one of the most important resources in the world while steel will help the country or foreign country industrialize even further. Meaning, they are essential for developments and would yield a significant amount of profit to him.

Not to mention the fact that he knew where the largest iron ore deposits in the country were. In the United States, that would be in the Mesabi Range in Minnesota, where vast reserves of iron ore lay waiting to be extracted. By investing heavily in steel production, Matthew could secure a crucial supply line not just for his automobile venture, but also for construction projects, infrastructure, and even future military contracts if the geopolitical situation required it.

With these strategic advantages, Matthew was positioning Hesh Industries Corporation to become an industrial powerhouse. He knew that controlling the supply chain from raw materials to finished products would be the key to maintaining a competitive edge. By integrating vertically, he could reduce costs, streamline production, and ensure quality across all his enterprises.

Speaking of raw materials, rubber would have to be sourced from overseas, especially from a parallel country of Thailand. Since the plan involves foreign countries, this might be the perfect chance for him to study what country exists beyond the borders of the Grand Republic of Amerathia.