In spite of all the hard work being done by the Trump administration, many major corporations are doing what’s right for their bottom line instead of what’s right for the American worker.
The Trump administration has pushed hard for American companies to keep jobs in America; however, the list of companies still planning to move their operations to Mexico is growing.
Rexnord, a major manufacturer in the United States, has stated it will still be moving to Mexico to save $39 million annually.
To add insult to injury, Rexnord has its soon-to-be-laid-off employees training their Mexican replacements, who are presently in the United States receiving on-the-job training.
Caterpillar, the heavy equipment builder, has decided to move from Joliet, Illinois, to the city of Monterrey, Mexico, in what it calls a “restructuring.”
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A Caterpillar spokeswoman told The Wall Street Journal: “The company has been reducing its workforce worldwide to stay viable in the longest downturn in our 92-year history.”
Here is a list of more companies that plan on bailing to Mexico and, in the process, causing the lay-off of many American workers in exchange for cheaper labor and lower expenses:
- Nucor, a Charlotte-based company, is moving together with Japan’s JFE Steel to build a new plant in Mexico to make steel for car makers.
- Manitowoc Foodservice, a soft drink dispenser factory is closing its Sellersburg, Indiana plant and laying off about 80 employees. The company has declined to comment.
- CTS Corp., an electronics company, will soon be closing its Elkhart, Indiana plant by 2018 and begin production in the new countries of China, Mexico, and Taiwan. The company figures about 230 employees will be “affected” by that move.
- Ford Motor Co. which, to its credit, did cancel plans to build a factory in Mexico, but said it would still build its small car, the Ford Focus at a factory already built in Mexico.
- General Motors, another major car company, is already in the process of moving its plants to Mexico, even after President Trump chastised them for considering the move.
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