"There is danger from all men. The only maxim of a free government ought to be to trust no man living with
power to endanger the public liberty." - - - - John Adams

Sunday, December 4, 2016

Trump lashes another company moving to Mexico

“There’s not enough taxpayer money to reward companies not to leave the country when we’re competing with $3-an-hour wages in Mexico.”
Chuck Jones
President of United Steelworkers

  • Chuck Jones is right. Imports have to be controlled at the border by the Feds. That is their job. If we do not act the entire country will be drained dry and impoverished.

(Wall Street Journal)  -  Donald Trump took aim Friday at a second U.S. manufacturer that plans to move jobs from Indiana to Mexico, a day after he threatened consequences for business that shifted American jobs abroad.
“Rexnord of Indiana is moving to Mexico and rather viciously firing all of its 300 workers,” Mr. Trump wrote at 10:06 p.m. on Twitter. “This is happening all over our country. No more!”

Rexnord, which is based in Milwaukee, intends to move production of industrial bearings from Indianapolis to Monterrey, Mexico, according to the employee union. The move, expected by the middle of next year, would eliminate about 300 jobs.
Chuck Jones, president of United Steelworkers local that represents Indianapolis workers at both Carrier and Rexnord, said Friday he was grateful for President-elect Trump’s intervention but he isn’t optimistic other companies will shelve plans to move manufacturing abroad, even if they are offered state or federal incentives.
“There’s not enough taxpayer money to reward companies not to leave the country when we’re competing with $3-an-hour wages in Mexico,” said Mr. Jones. He said Rexnord appears determined to leave and the union is negotiating over severance benefits.
The steelworkers union said Rexnord rejected the union’s proposals for wage freezes and other concessions to lower costs. The union said the hourly wages at the plant, which currently range from $18.82 to $30.81, would have to drop below the U.S. minimum to match the company’s estimated costs savings in Mexico.
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