Wednesday, December 06, 2006

The Generational Well Running Dry?


With the news of Lujack’s selling to an out of town ownership group, the question continues what generational business entity will remain in Davenport. More important, does it matter?

With family names like the Figgie’s, Lujack/Pohlmann’s, Foster’s, Ruhl’s, Carver and Waterman’s all divesting wealth out of the community are these causes of concern. Other family names like Palmer, Peterson’s and Roeder have long been gone.

Is this the reality of the present day business climate? Joint ventures and minority partnership agreements replacing family ownership that valued community?

I understand folks may think these family entities have not done enough for the Quad Cities. I disagree. You can’t replace a Pete Pohlman or a guy like Mel Foster Jr. When we lose generational talent and wealth with-in a community, I think it takes a toll.

Interested in your thoughts…

George

10 Comments:

At December 06, 2006 12:51 PM, Anonymous paladin said...

It's not just the Davenport "generational well" that has run dry. In the IL QCs, Deere & Co. is no longer run by a Deere family member. The Rock Island Argus, which was run by the Potter family for generations, sold out years ago to a family newspaper business out of Kankakee IL.

Looks like this is the shape of things to come. The local barons make their millions and their offspring move on to bigger and better pastures.

If you were a scion of a billionaire family who made their money in the QCs, would you choose to live and work here?

Just askin'.

 
At December 06, 2006 4:50 PM, Blogger Socialist Christian Hippie said...

The global oligarchy finds homes in warmer climes. It is part of the lack of "local" economies any more.

Soon the Quads, or shall we say the surrounding area, will be naught but Chicago telecommuters.

The central cities might attract a few of these also.

Fortunately, for now, living here is dead cheap. With a lot of arts investment or support for small business (which also requires the area to stand up to big box and exploitative businesses) or support for agricultural coops and specialties along as a drive to preserve and sell our history we could grow. Because the cost is attractive to young people and young families.

 
At December 06, 2006 6:29 PM, Anonymous Anonymous said...

I think it is good that these big family companies are going. The Ruhls and the Fosters has for too long treated the communty poorly by buying city hall. If a project has these folks behind it, they the staff at city hall makes it happen. If they don't, then there is no guarantee. It is pathetic.

 
At December 07, 2006 9:55 AM, Blogger cruiser said...

The same thing happened with farmers years ago. It was too hard of work for the money made.

 
At December 07, 2006 10:16 AM, Anonymous Anonymous said...

To 6:29 anonymous, How can you think it is good to have these family companies gone. Pete and Mary Pohlman have been very generous to this community. To suggest that they bought city hall is ridiculous. We wouldn't have a student hunger drive if it weren't for the Pohlman's. Pete and Mary have also been very generous to many of our non-profit organizations. Good luck to the Pohlman family and welcome to the Leeps.

 
At December 07, 2006 11:23 AM, Anonymous Anonymous said...

Ask the neighbors of Lucjaks how they behaved at city hall with the zoning issue they had - they influenced city hall to the detriment of the surrrounding businesses. Honesty is not thier best quality. People try to pass off their charity work as a mark of being a good person. It is usually the ony that gloat about it that need to be watched. People need to be honest and good on a daily basis and not just throw some money at the poor once in a while.

 
At December 07, 2006 2:34 PM, Anonymous Anonymous said...

Anonymous, you're wrong and you're paranoid. It takes more than that to "buy" 6 aldermen and city hall.

 
At December 07, 2006 4:38 PM, Anonymous Anonymous said...

Not in this city....

 
At December 08, 2006 8:57 AM, Anonymous Anonymous said...

What makes you think that the Pohlmans aren't good people everyday? I don't think you even are aware of the generosity to this city. As far as their neighbors go, I think LuJacks went overboard trying to assure the best possible senerio for the area of their dealership. After all it is a business district. I doubt that there is anything that they could do to make everybody 100% happy. Forgetting their personal generosity, the tax money alone they have brought to this community is tremendous.

 
At December 08, 2006 9:50 AM, Anonymous Anonymous said...

They screwed over the surrounding long existing business owners aroudn the dealership.

YOu are ignorant if you think that certain people don't have more influence over Howard and Brooke et al, then others. The staff is guilty to succumbing to this as well. Clayton especially. If a community development project has either a Ruhl or a Foster behind it, then by golly Clayton is ready to role. If it doesn't then the plan takes longer.

 

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