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George Skarich, vice president of sales for Missouri-based Mid Continent Nail Corporation, told The New York Times that his nail company could soon go out of business.
He ran on ‘Make America Great Again,’ and the point was to defend and protect jobs in the United States,” Skarich told the Times.
“Now here is an action he decides to take that has the potential to cost 500 U.S. citizens their jobs,” he added, referring to the 25 percent tariffs on steel imports that Trump announced in March.
The tariffs, Skarich said, prompted his company to have to raise its prices by almost 20 percent. Skarich told the Times that his company's orders have dropped by half this month, facing stiff competition from cheaper foreign manufacturers.
General Motors confirmed Friday that it will produce a new sport-utility model in Mexico, despite President Donald Trump’s efforts to pressure US companies to add manufacturing at home.
The new version of the Chevrolet Blazer, a revival of an old brand name, will be built in Mexico and exported to the US, said GM spokesman Patrick Morrissey.
Morrissey said GM makes decisions on where vehicles will be made “years in advance.”
originally posted by: Vector99
a reply to: Southern Guardian
Guy probably buys cheap Chinese steel and sells a low quality nail.
National Nail Corp. offers products and services to the residential and light commercial construction industries. The company offers adhesives/caulks, CAMO and collated fasteners, foam/housewrap, heaters, metal products, nails and screws (bulk and packaged), poly products, roof/ventilation products, and tools. It also manufactures storm doors and windows. The company was formerly known as West Michigan Nail & Wire. National Nail Corp. was founded in 1962 and is based in Grand Rapids, Michigan.
originally posted by: seeker1963
originally posted by: Vector99
a reply to: Southern Guardian
Guy probably buys cheap Chinese steel and sells a low quality nail.
I was thinking the same thing! I worked for a cheap ass construction company once and it amazed me what they did to make money by buying cheap ass nails/screws. Tossed half of em away and spent way more time digging em back out than actually finishing the job.
originally posted by: Blueracer
This is my town. Hopefully it does not (layoffs and closure) happen. This area has been hit hard by factory closures over the last 15, or so, years with no big ones opening up since 2001.
originally posted by: NarcolepticBuddha
originally posted by: Annee
I expect there will be more.
This is just the beginning.
Hostess already tried that crap "Oops we're going out of business because Trump! Wah! "
And amazingly, they're still pumping out lousy pastries.
originally posted by: toysforadults
originally posted by: Blueracer
This is my town. Hopefully it does not (layoffs and closure) happen. This area has been hit hard by factory closures over the last 15, or so, years with no big ones opening up since 2001.
What % of total sales for this company does their nail product account for?
This is a lie seems as if they may have been struggling already. I work in construction and have never purchased their products or heard of them.
originally posted by: Annee
originally posted by: NarcolepticBuddha
originally posted by: Annee
I expect there will be more.
This is just the beginning.
Hostess already tried that crap "Oops we're going out of business because Trump! Wah! "
And amazingly, they're still pumping out lousy pastries.
Legacies come years later.
I expect this will be seen as s dark period.