'Real Kick in the Ass': Company to Make Move to Mexico Despite Prior Warnings From Trump
Source: Mediaite
by J.D. Durkin | 1:34 pm, February 8th, 2017
A company in Indianapolis is apparently prepared to deal with any repercussions that come in the form of a Twitter tirade by our President as it prepares to move forward with its announced plan to move manufacturing south of the border.
Rexnord Corporation (RXN) first earned the ire of President Donald Trump in December after he caught wind of the companys plan to lay off 300 American workers in an effort to save $30 million a year in manufacturing costs:
Link to tweet
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Despite the public shaming by the then-President-elect, the Milwaukee-based industrial bearings company is forging ahead with its planned move to Mexico, a process that will gut its American workforce in exchange for cheaper labor costs. And to add insult to injury, The Wall Street Journal is reporting that employees from the companys new digs in Mexico have visited the Indianapolis plant as of late to receive training before the move.
One employee, Tim Mathis, said, Thats a real kick in the ass to be asked to train your replacement, to train the man thats going to eat your bread. Mathis worked for Rexnord for 12 years. Employees were previously hopeful that the company might about-face given the public scrutiny that Trump put them under via his erratic and unpredictable Twitter account. Additionally, pressure from Trump on Carrier, also in Indianapolis, lead to that company adjusting its own plans to move some manufacturing efforts to Mexico.
Read more: http://www.mediaite.com/online/real-kick-in-the-ass-company-to-make-move-to-mexico-despite-prior-warnings-from-trump/
kimbutgar
(21,141 posts)They can't blame this on President Obama.
mobeau69
(11,144 posts)Javaman
(62,530 posts)sad to see the jobs go, but at the same time it clearly makes the point that trump is a very clueless and ineffectual leader.
keithbvadu2
(36,796 posts)Save those jobs, Donald! Spend state tax money to do it like you did for Carrier.
tenorly
(2,037 posts)On top of giving us millions of unemployed/uneremployed, it gave Trump the White House. How?
They were able to lay blame for the hated trade pact on Bill Clinton, who merely signed it. The real blame should be with old man Bush, who proposed, negotiated, and sealed the deal; but all people remember is that Clinton signed it (much to his own regret)
bucolic_frolic
(43,158 posts)He would have been impeached again, as well as excoriated for refusing.
Their business contributors wanted NAFTA, to make money; free flow of
capital and all that.
tenorly
(2,037 posts)all is lost.
Jose Garcia
(2,595 posts)TexasBushwhacker
(20,186 posts)34 Republicans and 27 Democrats in the Senate. 132 Republicans and 102 Democrats in the House.
TexasBushwhacker
(20,186 posts)Our biggest job losses are to China and other countries in Asia. That's where the millions of manufacturing jobs have gone, not Mexico.
delisen
(6,043 posts)tenorly
(2,037 posts)Obama is nothing if not pragmatic, and the last thing he wanted was to ruin the cordial relationship Democrats had built up with the Borg (for lack of a better term) since the Clinton years. Ultimately, as we all know, it backfired.
Response to tenorly (Reply #31)
Post removed
tenorly
(2,037 posts)Politics, sadly, is still very much the art of the possible. And when it does change in any meaningful way, it's usually by way of a crisis.
Perhaps Trump is here for a higher purpose after all (ah, the irony).
Mosby
(16,310 posts)And it was all paid back with interest, which earned us a 15+ BILLION dollar profit.
yallerdawg
(16,104 posts)live outside the USA.
I'm sure if the idiot in the White House screws up our cheap imports, keeps our wages flat lined, and increases wealth and opportunity around the world with his protectionist, isolationist policies - more and more capitalists will ignore this moron and just sell to the rest of the world!
Profits know no borders!
justhanginon
(3,290 posts)of this country poor as the rich get richer. There will be no money left for the average worker to spend except on absolute basic necessities. Couple that with the coming destruction of the public school system by DeVoss so that lack of knowledge or any semblance of critical thinking will become the norm thus further weakening an already mostly uninformed voting citizenry. This will all make the right wing propagandists job easier and the downward spiral will continue.
Mosby
(16,310 posts)So your stat is completely wrong. The next closest country is China at 7%. Without American purchases the world economy would collapse, starting with China, Japan and Germany.
This country desperately needs fair trade policies, that and health care reform are the only way to save the middle class from collapse.
yallerdawg
(16,104 posts)4.3% of population in US.
As our borders are closed and policies enacted reducing our capacity to buy foreign products - the other 95% of customers in the world will become much more important.
I guess your stat will become increasingly irrelevant and out of date.
http://www.worldometers.info/world-population/population-by-country/
Mosby
(16,310 posts)It's about houshold spending, not population.
https://en.wikipedia.org/wiki/List_of_largest_consumer_markets
This country needs tariffs to level the playing field, this used to be standard liberal thinking but the globalists have done an outstanding job fooling liberals and progressives.
Here is one progressive who gets it (or at least used to)
What about free trade?
A: Weve gone the first mile. I dont disagree with the premise of the free traders. But we need an emerging middle class in these countries, and were not getting one. So now is the time to have labor and environmental standards attached to trade agreements.
Q: What if they say no?
A: Then Id say, Fine, thats the end of free trade.
Q: What do you mean, thats the end of free trade? Then we slap tariffs on these countries?
A: Yes.
Q: So youd be in favor of tariffs at that point.
A: If necessary. Look, Jimmy Carter did this in foreign policy. If you cant get people to observe human rights, and say that were going to accept products from countries that have kids working no overtime, no time and a half, no reasonable safety precautions-- I dont think we ought to be buying those kinds of products in this country. Were enabling that to happen.
http://www.ontheissues.org/2016/Howard_Dean_Free_Trade.htm
yallerdawg
(16,104 posts)and THEN tell me I'm wrong.
I'll just say now.
Mosby
(16,310 posts)It's a complicated issue and there is a ton of bad info out there.
I wasn't intentionally trying to talk over you, sorry.
bucolic_frolic
(43,158 posts)since the 1940s because they view trade barriers as helping enable the
rise of Nazi Germany, and because theoretically all are better off with
free trade. Make no mistake, many company leaders pushed hard for it,
capitalists always looking to reduce costs.
So this company's move should be no surprise, they've put planning
costs into it, and why should they stop because suddenly a politician
says so?
This about-face on everything that Trump is trying to pull is going to be
very expensive in the short run, and more so in the long run when some
of his policies are reversed again.
Renew Deal
(81,857 posts)TacoD
(581 posts)geek tragedy
(68,868 posts)to Trump and workers in Trump's America.
No Mexican ever ruined my country the way the dumbfuck Trumpers did.
orwell
(7,771 posts)...you know, the system you keep telling everyone is the GREATEST WINNING AWESOME EXCEPTIONAL system in the world!
Isn't winning great?
TeamPooka
(24,225 posts)dawnie51
(959 posts)for over 25 years. It's heartbreaking every time. But it's nothing new. It's the corporations MO.
TeamPooka
(24,225 posts)wordpix
(18,652 posts)Fricking hypocrite
rickford66
(5,523 posts)workinclasszero
(28,270 posts)Doitnow
(1,103 posts)I'm wondering if Pence, if installed replacing tRump would be quite so much of a problem realizing the same would be applied to him. More people are waking up to the horrors of the reThug party. At least Pence would recognize what he would be up against. I don't think tRump will ever realize he's having problems.
Tatiana
(14,167 posts)And that would keep them from leaving. Right?
Ohhhhh they're still moving? 300 people will still be out of work?
Guess the pResident isn't the Great White Hope they thought he was...
Xolodno
(6,390 posts)...that's price you pay for cheaper goods.
Its a cluster-fuck. On one hand, yes people like buying iPhone's and Galaxy devices that are under a grand, avocados, tomatoes, etc. for a low price and at all times of the year.
But the obvious issue that is NEVER addressed is the allowing of free movement of labor and requiring wages equitable in the host country to equate to the standard of living of the nation they are exiting.
Hassin Bin Sober
(26,326 posts)Deals he is negotiating he told us.
Maybe he just hast gotten to this deal. Is it on the bottom of the stack?
Potemkin President.
ck4829
(35,074 posts)Yonnie3
(17,437 posts)At the last full time "permanent" job I had, the molding operations were moved to Mexico in 2003 and the packaging operations to Memphis. A major factor, besides the lower labor costs, was that waste we handled as hazardous was allowed to be discharged into the sewer in Mexico. The management asked machine operators to go to Mexico to train the new operators. This didn't go over so well with the rural Virginia employees.
Several years before this, top level management laid off most of the packaging machine operators. Many were rehired via a temporary employee agency for unskilled hand packaging work. The packaging supervisors, seeing these trained operators packing by hand, reassigned them to their old jobs. The machines then had the lowest up time ever recorded. My calculations (I was the responsible engineer for those machines) indicated that it now cost nearly 75% more to package product.
In the 80's many of the same people at a different factory lost jobs due to a joint venture with a Japanese company. Much of the manufacturing went to Asia.
Decades later I can imagine these rural Virginians voting for Trump on his American jobs bullshit, but that train left the station ages ago.