So let it begin!!

[Navy1960]

So let it begin: KFYI Radio reports, Honeywell corp. has announced the relocation of 700 jobs effective 2009 in the Sky Harbor Jet Engine Repair facility to Mexico and the Czech Republic .

Even more bad news, for the Aviation community here in this country , but further still with the comming changes in the economic environment and a less business friendly environment companies such as Honeywell are forced to find places that they can in a more cost effective manner compete on a global scale. As someone in the Aviation community this is a very big blow to the community and the local economy.

 

[xsited1]

I've often wondered why politicians are surprised when companies move operations offshore once they raise corporate taxes. Don't they see the connection? Are they in perpetual denial?

My guess is that they do understand it and they have an ulterior motive. To them, it's all about power. They don't care about the country or the people. They only care about the power they have. After all, if you don't pay up, you are forced to at gunpoint. Perhaps they were mistreated as a child and are trying to get back at who they perceive to be bullies. In any case, they must be stopped.

 

[Ravi]

So let it begin: KFYI Radio reports, Honeywell corp. has announced the relocation of 700 jobs effective 2009 in the Sky Harbor Jet Engine Repair facility to Mexico and the Czech Republic .

Even more bad news, for the Aviation community here in this country , but further still with the comming changes in the economic environment and a less business friendly environment companies such as Honeywell are forced to find places that they can in a more cost effective manner compete on a global scale. As someone in the Aviation community this is a very big blow to the community and the local economy.

I guess we need to start learning to be wealthy on $5,000 a year and the jobs will come back.

But--it begins? It began quite some time ago.

 

[Navy1960]

I guess we need to start learning to be wealthy on $5,000 a year and the jobs will come back.

But--it begins? It began quite some time ago.

The commentary of "So let it begin" was more directed at companies looking to reduce costs based on changes that are comming in the business environment. While it's true that companies have been moving offshore for sometime now. IMO it was telling that a company is being proactive in such a way.

 

[CSM]

I guess we need to start learning to be wealthy on $5,000 a year and the jobs will come back.

But--it begins? It began quite some time ago.

Now you get the idea! "Wealth" is a relative term.

Obama has said in one of his speeches about wealth redistribution that "... a rising tide floats all boats". Too bad we aren't talking about boats but about people's quality of life.

 

[dilloduck]

I guess we need to start learning to be wealthy on $5,000 a year and the jobs will come back.

But--it begins? It began quite some time ago.

Of course it did----how well did partisan insults work in fixing it ? Isn't it about time to stop the blame game. Are we going to watch America go down the tubes because one party is afraid they might lose face ? Obama is loading up to continue the partisan war. Do you think this a good thing ?

 

[Red Dawn]

I've often wondered why politicians are surprised when companies move operations offshore once they raise corporate taxes. Don't they see the connection? Are they in perpetual denial?

My guess is that they do understand it and they have an ulterior motive. To them, it's all about power. They don't care about the country or the people. They only care about the power they have. After all, if you don't pay up, you are forced to at gunpoint. Perhaps they were mistreated as a child and are trying to get back at who they perceive to be bullies. In any case, they must be stopped.

Honeywell has had a 5-year plan to outsource jobs to low wage countries. This didn't just start happening yestereday. Its been in the work for years.

Honeywell is moving jobs to low wage countries, because engineers there will work for peanuts. Its not about taxes. The is your "free trade" globalization policies in action.

Honeywell’s Secret Five Year Globalization Plan Exposed

By Jeff Nachtigal

Honeywell International Inc. is planning to move 5,000 aerospace division jobs offshore over the next five years, according to internal documents that outline the company’s global development strategy.

The documents, titled, “Strategies In-Place to Enable 5-Year Plan, detail key Honeywell priorities, including establishing avionics manufacturing in Brno, Czech Republic, outsourcing selected manufacturing, reducing high-cost staff and increasing the use of technical capabilities at international locations based in Mexico, India and the Czech Republic.

In the five-year-plan projection, Honeywell will increase the total number jobs in emerging markets by over 5,000. Emerging markets are defined as Mexico, Eastern Europe, Asia, South America and Africa, but not “high-cost ? countries such as Japan, Australia or the U.S. Over the past year, Honeywell has increased its workforce in the Czech Republic by 30 percent.

See Honeywell's
Secret Documents.

“I was surprised at the numbers, at how big it was, said a Honeywell avionics employee, who agreed to discuss the plans on condition of anonymity. “The numbers are two to three times bigger than I expected. ?

The documents, obtained by Washtech News, show a long-term strategy of Honeywell jobs being offshored to “emerging markets that offer a lower-cost workforce. Although Honeywell has not discussed its long-term outsourcing plans or what effect they may have on workers in its U.S. locations, its plans mirror hundreds of companies that are now increasingly moving both low- and high-cost job, positions overseas.

Honeywell’s reasons for offshoring are clear. As emerging markets shoulder the job load and the United States continues with a nearly flat rate of job growth, Honeywell can increase its “revenue per head by $76,000, meaning that by paying individual workers less in offshore markets, the company stands to increase profits


News: IT Industry News - WashTech.org, Washington Alliance of Technology Workers

 

[xsited1]

Honeywell has had a 5-year plan to outsource jobs to low wage countries. This didn't just start happening yestereday. Its been in the work for years.

Honeywell is moving jobs to low wage countries, because engineers there will work for peanuts. Its not about taxes. The is your "free trade" globalization policies in action.

I don't blame them. We current rate #3 in highest corporate taxes in the industrialized world. And now Obama and the Democratically-controlled Congress is going to impose even more taxation. Do you expect people to just suck it up and take it or do believe you're not being patriotic unless you turn over a large portion of your wealth to the government?

 

[Ravi]

The commentary of "So let it begin" was more directed at companies looking to reduce costs based on changes that are comming in the business environment. While it's true that companies have been moving offshore for sometime now. IMO it was telling that a company is being proactive in such a way.

I don't think it has anything to do with taxes, but more to do with salaries. Honeywell already paid one of the smallest tax checks before Bush's tax cuts. There are so many loopholes available for corporations that they effectively make the USA one of the cheapest places to have a business...tax wise, anyway.

Corporate Taxes

 

[Navy1960]

More than three weeks into a production stoppage that has idled more than 27,000 workers, neither Boeing nor the Machinists union is ready to blink. The 2008 strike is shaping up to be long, costly and damaging.

Extrapolating from company documents detailing the cost of the last strike, Boeing's lost profits from even a one-month strike would be at least $1.3 billion — earnings that won't be recouped for years.

Likewise, an extended strike will bite deeply into the living standards and retirement plans of thousands of Machinists.

Boeing/aerospace | Simmering Boeing strike scorching both sides | Seattle Times Newspaper

When people sit and wonder why companies are running offshore or are looking for places to go for their very survival they have to look no further than what happened at Boeing recently.

 

[Ravi]

Of course it did----how well did partisan insults work in fixing it ? Isn't it about time to stop the blame game. Are we going to watch America go down the tubes because one party is afraid they might lose face ? Obama is loading up to continue the partisan war. Do you think this a good thing ?

Actually, you are the one loading up to continue the partisan war. Such bullshit.

 

[xsited1]

I don't think it has anything to do with taxes, but more to do with salaries. Honeywell already paid one of the smallest tax checks before Bush's tax cuts. There are so many loopholes available for corporations that they effectively make the USA one of the cheapest places to have a business...tax wise, anyway.

Corporate Taxes

When was the chart in the link you provided posted? What time period does it cover?

 

[Navy1960]

I don't think it has anything to do with taxes, but more to do with salaries. Honeywell already paid one of the smallest tax checks before Bush's tax cuts. There are so many loopholes available for corporations that they effectively make the USA one of the cheapest places to have a business...tax wise, anyway.

Corporate Taxes

I don't think my post mentioned anything about taxes, however it did mention something about a more business friendly environment and that means a combination of salaries, taxes and overall costs. If a company see's that the environment will help them be more competitive elsewhere then that is where that company will go.

 

[Red Dawn]

Honeywell has had a 5-year plan to outsource jobs to low wage countries. This didn't just start happening yestereday. Its been in the work for years.

Honeywell is moving jobs to low wage countries, because engineers there will work for peanuts. Its not about taxes. The is your "free trade" globalization policies in action.

From the not-so-socialist Businessweek.com:

Corporate Taxes: Who Pays the Least

Congress is currently considering lowering the 35% federal tax rate. But a lot of companies don't need help from Washington, they've been finding legal ways to shrink their tax bill for years. We asked the analysts at Capital IQ (a division of Standard & Poor's) to cull the cash taxes (ie. actual checks) that the companies of the S&P 500 paid to the tax collector over the past five years and then look at how that compares to their earnings before income taxes.

Here's a list of the 100 companies that sent in the smallest checks...


Honeywell is on the list, and paid only a 5-year average of 8.3% in taxes.

Corporate Taxes

 

[Navy1960]

Contrary to the sources of anonymity at Honeywell that allegedly post to sites which I am sure are credible like Washtech.org, the fact is the SkyHarbor facility that was mentioned above, those 700 jobs came as a complete surprise to everyone in the Aviation community here including the employee's of Honeywell at SkyHarbor. While the alleged 5 year secret plan as posted indicates a plan to increase avionics production offshore and not increse it in high laber cost area's such as the US and Japan, those cost are inclusive of salaries, taxes, pensions, and healthcare as well as operational costs. The fact remains any corporation who see's a rise in costs , healthcare, taxes, or operational costs will seek to reduce those by moving offshore.

 

[DavidS]

We have GOT to scrap NAFTA. It's killing American jobs.

 

[Navy1960]

While scraping NAFTA may be a popular with some, it won't happen, because of the amount of energy this nation consumes from Canada. The other reason it won't happen is the sheer number of companies that have facilities in Mexico and the economic impact of scraping NAFTA would do more harm to this nation that it would do good.

 

[Care4all]

So let it begin: KFYI Radio reports, Honeywell corp. has announced the relocation of 700 jobs effective 2009 in the Sky Harbor Jet Engine Repair facility to Mexico and the Czech Republic .

Even more bad news, for the Aviation community here in this country , but further still with the comming changes in the economic environment and a less business friendly environment companies such as Honeywell are forced to find places that they can in a more cost effective manner compete on a global scale. As someone in the Aviation community this is a very big blow to the community and the local economy.

do you think they made this decision just the last week and didn't plan on doing this at least a year in advance?

oh, and can you link me to the thread you wanted me to read navy? just pm me with it...

 

[Care4all]

More than three weeks into a production stoppage that has idled more than 27,000 workers, neither Boeing nor the Machinists union is ready to blink. The 2008 strike is shaping up to be long, costly and damaging.

Extrapolating from company documents detailing the cost of the last strike, Boeing's lost profits from even a one-month strike would be at least $1.3 billion — earnings that won't be recouped for years.

Likewise, an extended strike will bite deeply into the living standards and retirement plans of thousands of Machinists.

Boeing/aerospace | Simmering Boeing strike scorching both sides | Seattle Times Newspaper

When people sit and wonder why companies are running offshore or are looking for places to go for their very survival they have to look no further than what happened at Boeing recently.

why wouldn't they have just compromised with the employees instead of pissing 1.3 billion in the wind....their priorities seem messed up to me!

 

[Navy1960]

do you think they made this decision just the last week and didn't plan on doing this at least a year in advance?

oh, and can you link me to the thread you wanted me to read navy? just pm me with it...

I don't think I implied that this happend overnight, but then again the election did not just happen overnight as well. So rather I would call this planning. Personally, I believe with the business environment in the Aviation community in jeopardy, there is a going to be a lot more of this comming in this sector especially. When the JSF is cancelled and it will be, when the Obama Administration takes office, or scaled back in a large large way, you will see many more jobs leave. Let me find it for you Care okay and btw I hope the morning finds you well.