Copy this bookmark:



description:


tags:



bookmark detail

When It Comes to Trade Whirlpool Tries To Have Its Cake And Eat It Too - Forbes
Samsung is building a washing machine factory in Newberry County, South Carolina. The plant is nearing completion, 250 workers have already been hired, sometime in 2018 the plant will have 500 workers producing washers and possibly other appliances, and eventually nearly 1000 workers will be employed there. LG is just beginning work on a plant in Clarkesville, Tennessee, so soon both major importers will be manufacturing some of their washing machines in the U.S., creating jobs for several thousand Americans.

If Whirlpool's foreign competitors are already in the process of moving some of their manufacturing footprint to the U.S., why is a trade action needed?
business-globalization  appliances-industry  whirlpool  south-carolina  free-trade-agreements  Tennessee  fdi-USA  electronics-industry  Around-the-web  this-week-404 
november 2017 by areadevelopment
view in context