ELI5: Why do road construction crews leave miles of pylons blocking a lane when there is no work in sight?

But this wasn't a family run company, it is a construction megacorperation out of Italy. Our entire community, state, country, would be better off if they closed shop, 100% of the profit they make leaves the US.

Fuck you. Your actions are inexcusable and are dangerous to your competition's employees (as they are the ones who have to go out and dodge traffic to reset the cones you're destroying), as your mother rightly tried to point out to your spoiled, entitled ass. The parent company is a megacorporation out of Italy. The local workers are most likely employed by a local company that was bought out by that megacorporation because they needed or wanted the financial stability afforded by a big backer. The local employees are local people, spending their money in local areas, paying their taxes to the US government just like you are. Of the profit that company makes, only a percentage (and it's a small percentage at that) goes back overseas to that Italian corporation. They make money in bulk off of owning many smaller companies all operating at the same time, but those smaller companies are American companies with American workers. The vast majority of that company's budget, including its profits, stays right here in the US. It's necessary for many companies to fold into larger corporations because so many DOT projects are so large that smaller "family run" companies cannot get the necessary bonding and insurance to be able to get approval for those contracts.

I know this because the heavy construction company I work for is owned by one of those megacorporations from Spain. Three years ago we could probably get the necessary bonding and insurance to go for $30-$60 million contracts. Today, in large part because we are now owned by a larger Spanish megacorporation, we can go for those $150 million+ contracts, can employ a far larger American workforce (we've almost doubled in size), can pay a lot more American taxes, and can support a far greater part of the American economy than we ever would have been able to do on our own. It's worth the loss of 100% of our profits (dropping it down somewhere to 90% or so) for us to be able to bid on bigger contracts, generate bigger profits, provide jobs to more people, and be a larger company with better benefits than we otherwise could manage.

/r/explainlikeimfive Thread Parent