Caterpillar to Build new Plant in Georgia

Discussion in 'Economy' started by Trajan, Feb 18, 2012.

  1. Trajan
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    Trajan conscientia mille testes

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    so long Peoria, hello North Athens, Joeja......:clap2:

    right to work state to, imagine that:eusa_whistle:


    Caterpillar Strikes Deal to Build Georgia Plant

    Caterpillar Inc. said it chose a site near Athens, Ga., for a new $200 million factory that will employ about 1,400 people and make construction equipment currently produced in Sagami, Japan.



    more at-
    Caterpillar Strikes Deal to Build Georgia Plant - WSJ.com
     
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  2. Baruch Menachem
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    Baruch Menachem '

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    Japanese wages are getting to the level where US labor is cheaper
     
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  3. Trajan
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    Trajan conscientia mille testes

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    what?:eek: R U saying that wages paid to workers to build a product means something?

    and I will bet that new 46% increase in Illinois's corporate income tax didn't help either;)
     
  4. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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    In addition to the 1400 new jobs at the Cat plant, there'll be another 2800 more new jobs created for satellite companies such as suppliers. No mention of any kind of tax deal, but it's great that they're moving operations back here from overseas. I'm guessing rising shipping costs probably played a part in the decision too.
     
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  5. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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    I haven't seen any data yet to support this, but I'm guessing wages in many other places around the world probably are going up, as are shipping costs to make stuff overseas and ship it back here.
     
  6. Trajan
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    Trajan conscientia mille testes

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    I saw a blurb the other day ala japan plans on raising taxes across the board....so, trickle down and the Ill. tax rise says, go somewhere else.

    Imagine that, capital and manuf. moving to a friendly tax & non union climate.....:rolleyes:
     
  7. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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    Georgia recently got a KIA plant too, I wonder if anyone has any data about new plants opening up in RTW states vs union states lately.
     
  8. Trajan
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    Trajan conscientia mille testes

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    when they figure out a way to spin it in obamas favor, you'll hear about it;)
     
  9. Warrior102
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    Warrior102 Gold Member

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    Don't worry - that dipshit Truthmatters will find a way....
     
  10. daveman
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    daveman Diamond Member

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    Economically speaking, leftists beat their dog and then wonder why it runs away.
     
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