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WSJ: US Companies Still Leaving For Mexico Despite Trump

Image: WSJ: US Companies Still Leaving For Mexico Despite Trump

President Donald Trump (AP)

Wednesday, 08 Feb 2017 11:01 PM

Some U.S. companies are going ahead with plans to invest in Mexico despite President Donald Trump's vows to talk businesses into keeping their assembly lines in the United States, the Wall Street Journal reported.

The businesses include Rexnord Corp., whose factory in Indianapolis, Ind., was singled out by Trump last December for firing workers amid plans to move their jobs to Mexico, the Journal said.

"It just puzzles me to think that they have to [reduce costs] by dumping us out," Gary Canter, a machinist at the Rexnord factory, told the Journal. "It's very un-American."

"We gave this man a chance because it wasn't a typical politician that's done nothing for us," Canter said.

According to the Journal, others are:

  • Peoria, Ill.-based Caterpillar, which is moving ahead with a restructuring that includes shifting jobs from a Joliet, Ill., factory to Monterrey, Mexico.
  • Charlotte, N.C.-based Nucor, which is going ahead with Japan’s JFE Steel to build a new plant in Mexico.
  • Manitowoc Foodservice Inc, which has laid off about 80 workers at a factory near Sellersburg, Ind., as part of its already announced plans to shift much of the production to facilities in Mexico.
  • Ford Motor Co., which though it's scrapping plans to build a new factory in Mexico and instead create 700 new U.S. job, announced last month it would still shift production of its Focus small car from Michigan to an existing Mexican facility.
  • General Motors Co., which is moving more production to Mexico even as it's continuing with pre-election plans to add more jobs in the United States.
     

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Some U.S. companies are going ahead with plans to invest in Mexico despite President Donald Trump's vows to talk businesses into keeping their assembly lines in the United States, the Wall Street Journal reported.
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2017-01-08
Wednesday, 08 Feb 2017 11:01 PM
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