Case Name :      Crystal Corp. of the Philippines

Authors :           Donald J. Lecraw

Source :             Ivey Publishing

Case ID :            97G010

Discipline :        Entrepreneurship

Case Length :    12 pages

Solution Sample availability : YES

Plagiarism : NO (100% Original work)

In 1994, Jose de Valencia must decide whether to recommend to his family and outside investors to invest a total of $4.5 million in a manufacturing facility to produce hand-blown, hand-cut leaded crystal housewares in the Philippines. This venture will be quite risky because six Irish technicians will have to be employed for a period of two years to train the workers, and it is not known whether export markets will accept high-quality crystal produced in the Philippines. If the venture is not successful, the resale value of the plant and equipment, to say nothing of the training costs, will be zero.