I just received the Feb. 3 issue and the first story at the top of the front page is about a large molding company opening a molding and toolmaking facility in China to compete with the global marketplace [“Nypro slates two more plants for China”].
What kind of message does that send to us in the United States? I really don't think Americans are dumb enough to ignore this, but it's been going on for quite sometime now and there is little or no action to keep the work in the states. Can't the federal government step in and issue some kind of tariff on molds and plastic parts made in other countries? That money could help with the financial problems created by lost revenue. Maybe a tariff would help level the playing field or keep taxes from increasing.
How many unemployed Americans can go out and buy products made from these companies? How many Chinese, Asian, Mexican or Japanese workers can afford to buy products made from these companies? If cheap labor is the reason for moving to China or anyplace other than the United States, then it is only a matter of time before we all are out of a job!
Legacy Mold & Tool Inc.