
Greetings this is my first post but I've been a long time lurker here at ATS.
First off, it's not vacuum cleaners being moved to Mexico, but the Laundry Division. Electrolux is known here in the United States as Frigidaire,
Gibson, Kelvinator, White Westinghouse, and Tappan. The Laundry facility has been in operation in Juarez for quite a while now with Electrolux
planning the closure of the Iowa facilities from the start.
In 2004 they announced the closing of the Greenville MI plant which made refrigerators. The facility had approximately 2700 employees when the
announcement was made. See link www.freerepublic.com...
Electrolux is not moving because of the sudden downturn in the economy, it's been part of their plan to increase profits for years. See link
online.wsj.com...
As for the tariff laws, Electrolux is pretty smart. The work under the Maquiladora program where they (thanks NAFTA) can import materials tariff
free, assemble them into a product, then export them back to the United States (tariff free).
In Tennessee, they didn't have to move to Mexico to get their cheap labor. Again, see link www.newschannel5.com...
Of course the sheeple will continue buying their products, and since they hide behind a mask of brand names, even those who may avoid Electrolux may
buy a Frigidaire appliance thinking it's still the refrigerator company in Dayton Ohio.
The point of my rant is that Electrolux is just another corporate monster who's shortsightedness for big profits will be at the expense of their
customers. After all, it's hard to buy these appliances in the US when there are no jobs.
|