- cross-posted to:
- politics@hexbear.net
- sino@hexbear.net
- cross-posted to:
- politics@hexbear.net
- sino@hexbear.net
Private Equity companies have rolled up manufacturers of ambulances, fire trucks, and other first responder equipment tools in the United States and Canada.
As a result, a small handful of companies control supply and pricing, and have aggressively raised costs and increased order backlogs.
Equipment in the North American market are ten times more expensive than for comparable tools from China, and wait times are three years or longer.
Closing scene, Shantang Street, Suzhou, Jiangsu
Not sure the cost and wait times for fire trucks and ambulances mean that much. Since private equity owns all the houses, they’ll make sure fire fighting equipment gets paid for through taxes. Who can afford the luxury of riding in an ambulance to a hospital that takes what few saving a person has?