Illinois manufacturer: We're going to Mexico. 153 employees fired (Thanks to Trump's tariffs)

[Ted Frazier]

An Illinois safe-maker has faced increased costs thanks to Donald Trump's tariffs so it is now moving to Mexico to compensate:

A manufacturer of storage safes is closing its two Chicago-area factories and moving operations to Mexico, in part because of the Trump administration’s tariffs on metal from China.

Stack-On Products plans to lay off 128 people at its facility in north suburban Wauconda and 25 people at its McHenry plant when it closes both facilities Oct. 12, said Al Fletcher, human resources director for Alpha Guardian, the Las Vegas-based parent company.

Chicago-area manufacturer to lay off 150 people, move operations to Mexico, to avoid tariffs on Chinese metal

The good news is that Trump bailed out the farmers so I assume he will also bail out this company and the fired employees and their families. #MAGA.

 

[mudwhistle]

An Illinois safe-maker has faced increased costs thanks to Donald Trump's tariffs so it is now moving to Mexico to compensate:

A manufacturer of storage safes is closing its two Chicago-area factories and moving operations to Mexico, in part because of the Trump administration’s tariffs on metal from China.

Stack-On Products plans to lay off 128 people at its facility in north suburban Wauconda and 25 people at its McHenry plant when it closes both facilities Oct. 12, said Al Fletcher, human resources director for Alpha Guardian, the Las Vegas-based parent company.

Chicago-area manufacturer to lay off 150 people, move operations to Mexico, to avoid tariffs on Chinese metal

The good news is that Trump bailed out the farmers so I assume he will also bail out this company and the fired employees and their families. #MAGA.

What a dumb-ass.
I'm sure tariffs and not gang related violence forced him to move.
But considering the violence that takes place in Mexico, I would move there on a bet.

 

[Siete]

An Illinois safe-maker has faced increased costs thanks to Donald Trump's tariffs so it is now moving to Mexico to compensate:

A manufacturer of storage safes is closing its two Chicago-area factories and moving operations to Mexico, in part because of the Trump administration’s tariffs on metal from China.

Stack-On Products plans to lay off 128 people at its facility in north suburban Wauconda and 25 people at its McHenry plant when it closes both facilities Oct. 12, said Al Fletcher, human resources director for Alpha Guardian, the Las Vegas-based parent company.

Chicago-area manufacturer to lay off 150 people, move operations to Mexico, to avoid tariffs on Chinese metal

The good news is that Trump bailed out the farmers so I assume he will also bail out this company and the fired employees and their families. #MAGA.

The conservative-leaning Tax Foundation estimates that Trump’s enacted and proposed tariffs completely reverse the tax bill’s positive effects on the labor force. It estimates the tariffs enacted so far will reduce wages by 0.04 percent and eliminate more than 48,000 jobs. If the White House enacts every tariff it’s threatened, it would reduce wages by 0.26 percent and slash 277,000 jobs.


working like a charm ...

 

[Claudette]

An Illinois safe-maker has faced increased costs thanks to Donald Trump's tariffs so it is now moving to Mexico to compensate:

A manufacturer of storage safes is closing its two Chicago-area factories and moving operations to Mexico, in part because of the Trump administration’s tariffs on metal from China.

Stack-On Products plans to lay off 128 people at its facility in north suburban Wauconda and 25 people at its McHenry plant when it closes both facilities Oct. 12, said Al Fletcher, human resources director for Alpha Guardian, the Las Vegas-based parent company.

Chicago-area manufacturer to lay off 150 people, move operations to Mexico, to avoid tariffs on Chinese metal

The good news is that Trump bailed out the farmers so I assume he will also bail out this company and the fired employees and their families. #MAGA.

Seems the company already has a plant in China and one in Mexico.

The company already has a plant in China and another in Mexico, and its only U.S. factories were the two in the Chicago area, Fletcher said. The layoffs affect manufacturing jobs, warehouse jobs and some office staff, and those employees will be given the option to relocate to El Paso, Texas, just over the border from the Juarez plant, he said. Engineering and sales and marketing employees will be retained and relocated within the Chicago area.

Looks like they are covering both ends of their business. Smart move on their part.


Chicago-area manufacturer to lay off 150 people, move operations to Mexico, to avoid tariffs on Chinese metal

Your thread is bullshit.

 

[buckeye45_73]

An Illinois safe-maker has faced increased costs thanks to Donald Trump's tariffs so it is now moving to Mexico to compensate:

A manufacturer of storage safes is closing its two Chicago-area factories and moving operations to Mexico, in part because of the Trump administration’s tariffs on metal from China.

Stack-On Products plans to lay off 128 people at its facility in north suburban Wauconda and 25 people at its McHenry plant when it closes both facilities Oct. 12, said Al Fletcher, human resources director for Alpha Guardian, the Las Vegas-based parent company.

Chicago-area manufacturer to lay off 150 people, move operations to Mexico, to avoid tariffs on Chinese metal

The good news is that Trump bailed out the farmers so I assume he will also bail out this company and the fired employees and their families. #MAGA.

wait, taxes raise costs? And make people move to lower cost areas? Let that sink in for a minute. (us righties are correct on taxes, thanks for the support)

now people much smarter than you have a much longer term plan than you. When did you lefties become free market, free traders???? so all that talk about workers and unions and being pro tariff for 50 years was all bullshit?

 

[Ted Frazier]

An Illinois safe-maker has faced increased costs thanks to Donald Trump's tariffs so it is now moving to Mexico to compensate:

A manufacturer of storage safes is closing its two Chicago-area factories and moving operations to Mexico, in part because of the Trump administration’s tariffs on metal from China.

Stack-On Products plans to lay off 128 people at its facility in north suburban Wauconda and 25 people at its McHenry plant when it closes both facilities Oct. 12, said Al Fletcher, human resources director for Alpha Guardian, the Las Vegas-based parent company.

Chicago-area manufacturer to lay off 150 people, move operations to Mexico, to avoid tariffs on Chinese metal

The good news is that Trump bailed out the farmers so I assume he will also bail out this company and the fired employees and their families. #MAGA.

wait, taxes raise costs? And make people move to lower cost areas? Let that sink in for a minute. (us righties are correct on taxes, thanks for the support)

now people much smarter than you have a much longer term plan than you. When did you lefties become free market, free traders???? so all that talk about workers and unions and being pro tariff for 50 years was all bullshit?

Tell your buddies to stop blaming the companies. Go call those company-bashing nuts in this thread stupid instead of lashing out against "lefties".