Carrier Corp. leaving the U.S.
- Thread starter Slo-Ride
- Start date
unfortunate for the workers....been there done that when Firestone shutdown my plant when bought by Bridgestone....
and this government has done nothing to be business friendly... either party....still this is one of the highest corporate taxed countries in the world.....
and this government has done nothing to be business friendly... either party....still this is one of the highest corporate taxed countries in the world.....
Senator Joe Donnelly is not happy. Chris Nelson of Carrier Corporation, who is President of HVAC systems and services for North America, stated the reason for having to move to Mexico was "burdensome federal regulations," but when pressed by Donnelly to name just one of those regulations, Nelson could not think of any. Not even one. Then Nelson talked about being closer to suppliers in Mexico, but once again, when pressed by Donnelly to name which parts and supplies they couldn’t get in Indiana or whether they would get a better deal on the parts in Mexico, Nelson responded with a lot of nothing. Didn't have that data in front of him (despite the details of which being the impetus for the move).
Carrier in Indy pays workers starting at $24 an hour. In Mexico the wage is a little under $5 a day. Nelson grudgingly admitted that it would be cheaper to manufacture its products in Mexico. What a stand-up guy.
Donnelly expects Carrier to pay back the more than $5 million taxpayer dollars in job performance related subsidies given to Carrier, not to mention the other several millions dollars in state, local and federal tax credits they've received in the process.
Carrier in Indy pays workers starting at $24 an hour. In Mexico the wage is a little under $5 a day. Nelson grudgingly admitted that it would be cheaper to manufacture its products in Mexico. What a stand-up guy.
Donnelly expects Carrier to pay back the more than $5 million taxpayer dollars in job performance related subsidies given to Carrier, not to mention the other several millions dollars in state, local and federal tax credits they've received in the process.
Saw the story detnews.com
Boooooo.
I agree with Carrier....the business must survive and be profitable to be able to grow.....the wage difference is just too much in the worlds economy...it sucks, but that life...
it could mean more loads out of Laredo....
it could mean more loads out of Laredo....
Slo-Ride
Veteran Expediter
it could mean more loads out of Laredo....
Just a rumor now, but that maybe become known as the BOLT connection. (A little mouse told me something) But none the less a rumor
good....CRE has a good relationship with Bolt...best carrier I never signed on with....LOL
That probably means more .50 and .60 freight.I agree with Carrier....the business must survive and be profitable to be able to grow.....the wage difference is just too much in the worlds economy...it sucks, but that life...
it could mean more loads out of Laredo....
I posted this opinion on November 9, 2007. It explains what happened with Carrier.
THIS PREDICTION FROM THE EARLY 90s WAS SPOT ON.
I attended an economics/labor mgt seminar in the early 90s. This was sponsored by Loyola Univ. in Chicago.
The Jesuit professor that was lecturing said that the American way of life would change dramatically within the next 30-40 years.
He pointed out that America, like it or not, is being forced into the world's work force and economy.
And, it would take 30-40 years for our standard of living to decline, while waiting for the rest of the world's cheap labor force to strike an even balance.
He was right. Our high paying mfg jobs and even many tech jobs have since been outsourced to cheaper labor. (i.e., Mexico, India, China)
Until our labor force can match what foreign countries can produce at a much cheaper price, we will continue to slide towards a third world life style while watching them steal our economic strength. (Or, what is left of it.)
Be safe.
THIS PREDICTION FROM THE EARLY 90s WAS SPOT ON.
I attended an economics/labor mgt seminar in the early 90s. This was sponsored by Loyola Univ. in Chicago.
The Jesuit professor that was lecturing said that the American way of life would change dramatically within the next 30-40 years.
He pointed out that America, like it or not, is being forced into the world's work force and economy.
And, it would take 30-40 years for our standard of living to decline, while waiting for the rest of the world's cheap labor force to strike an even balance.
He was right. Our high paying mfg jobs and even many tech jobs have since been outsourced to cheaper labor. (i.e., Mexico, India, China)
Until our labor force can match what foreign countries can produce at a much cheaper price, we will continue to slide towards a third world life style while watching them steal our economic strength. (Or, what is left of it.)
Be safe.
good...that'll clear out the lowballers quicker....LOL
I've said before as well...unless the US smartens up, they'll be left behind.....the world only needs the US to be consumers....the world is getting much smaller.
Mexicans are anywhere between five and seven dollars an hour... Some more ...some less ... Right now it jsucks to be us.. In some ways...
Serious tragedy. I'll continue to buy American or Canadian when given the opportunity.
Mexican made parts come to America and be put into Assembled in America employing Americans