Case Name :      James Hardie

Authors :           Donald J. Lecraw

Source :             Ivey Publishing

Case ID :            97G011

Discipline :        Finance

Case Length :    10 pages

Solution Sample availability : YES

Plagiarism : NO (100% Original work)

Mr. McGowan, manager in charge of Asia for James Hardie, a major Australian company in the building products industry, must decide whether to recommend a proposed $50 million investment in the Philippines. If James Hardie is to make the investment, should it do so as a joint venture with Jardine, James Hardie’s Hong Kong-based distributor in the Philippines, go it alone, or form a joint venture with a Philippine company? This is a major investment for James Hardie and marks the beginning of its new initiative into Asia after a period of consolidation. If the project goes ahead, James Hardie’s Asia headquarters would be moved from Kuala Lumpur to Manila.