I hear the Mother Organization needs a brand new printing press, complete with a $5 mil. price tag. My question is: Where are they going to get that kind of money? From my understanding, they have a hard enough time making ends meet as it is, or is that what they just let on to the grunts at meetings?
How are they gonna pull this one off?
by Oxnard Hamster 5 Replies latest watchtower beliefs
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shamus
By selling their property in Brooklyn. That's how. It'll also save them money in the long run... LOL!
Corporate downsizing.
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jayhawk1
This post by Zev sums it up.
http://www.jehovahs-witness.com/6/59708/1.ashx
http://www.newsday.com/business/printedition/ny-nya223464068sep22,0,1905261.story?coll=ny-business-print
Company Profiles NYC 50 September 22, 2003 # 34 (of 50)
WATCHTOWER BIBLE & TRACT SOCIETY OF NEW YORK 25 Columbia Heights,
Brooklyn, 11201 718-560-5000 www.watchtower.org
Revenue: $951 million Industry: Publishing CEO: Don Adams Employees:
5,227 (all volunteers); local, 3,000
The Brooklyn print shop responsible for producing almost half of the
books used by Jehovah's Witnesses worldwide will soon complete its
final run. The Watchtower Bible & Tract Society of New York printery
that has produced more than 1 billion books since 1927 is slated for
closure now that printing, binding and shipping operations will be
moved to a Walkill, N.Y., location. Walkill's new bindery equipment
will be able to produce hardcover books and deluxe Bibles at a rate of
120 a minute.
In May, Watchtower announced plans to sell the 1-million-square-foot
building - just one of the buildings in the Brooklyn waterfront
complex. "Perhaps this building will be used by others in a way that
is compatible with the Brooklyn waterfront development," said Robert
Alexander, a spokesman for Watchtower. The organization headquarters
will remain.
Watchtower says these changes will contribute to a streamlined flow of
literature to its 12,000 congregations in the United States. The
Jehovah's Witnesses' primary journal, The Watchtower, has an
international circulation of 25 million in 147 languages.Don't worry, they have the money.
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Oxnard Hamster
This is off the subject, but do you go to KU? I did a couple of years ago, before I transferred to ESU.
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jayhawk1
Nope, I just love watching their sports teams. And I love Lawrence too, the most beautiful town in Kansas.
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Room 215
By current estimates, just one apartment in the Furman St. building will sell for $5 million.