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FONDERIA DI TORINO S.P.A12
In November 2000, Francesca Cerini, managing director of Fonderia di Torino S.p.A., was considering the purchase of a Vulcan Mould‐Maker automated moulding machine. This machine would prepare the sand moulds into which molten iron was poured to obtain iron castings. The Vulcan Mould‐Maker would replace an older machine and would offer improvements in quality and some additional capacity for expansion. Similar moulding‐machine proposals had been rejected by the board of directors for economic reasons on three previous occasions, most recently in 1999. This time, given the size of the proposed expenditure of about

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