In the late 1990s Vaughan-Bassett invited one of the largest Chinese producers, Lacquer Craft, to its factory to videotape production of bedroom furniture so that it could produce bedroom furniture in China for Vaughan-Bassett to import and resell.
Such a move would be opposed by all wine, distilled spirits, and beer producers most vehemently by small production wineries and distillers, and the growing craft beer industry.
" Craft added that, "Inside the oil industry, we saw that Murphy Oil was markedly increasing production while still trading at attractive multiples related to peers.