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A storage safe manufacturer is reportedly planning to shut down two Illinois factories and move to Mexico in response to President Trump’s tariffs on Chinese metal imports.
Stack-On Products will close its two Chicago-area plants in October and lay off 153 people, according to the Chicago Tribune.
Al Fletcher, human resources director for the manufacturer’s Las Vegas–based parent company, told the newspaper that the company decided to relocate the operations to Mexico after Trump announced tariffs on steel and aluminum, as well as other products, from China.
“The operation is really not profitable,” Fletcher said. “Mr. Trump is part of this.”
Stack-On has operated in Chicago — its only two U.S. plants — for four decades, according to the Tribune, which added that the company already has factories in Mexico and China.
Fletcher told the newspapers that some of the employees will be given the option to relocated to El Paso, Texas, across the border from its Stack-On factory.
originally posted by: Krazysh0t
Illinois manufacturer moving to Mexico over Trump tariffs
Trump's tariffs are making Mexico great again! It looks like a storage safe manufacturer outside of Chicago is closing up its factories, laying off 153 people and moving to Mexico citing Trump's tariffs as the reasons. This is yet one more factory to shutter its doors thanks to Trump's idiotic tariffs.
A storage safe manufacturer is reportedly planning to shut down two Illinois factories and move to Mexico in response to President Trump’s tariffs on Chinese metal imports.
Stack-On Products will close its two Chicago-area plants in October and lay off 153 people, according to the Chicago Tribune.
Al Fletcher, human resources director for the manufacturer’s Las Vegas–based parent company, told the newspaper that the company decided to relocate the operations to Mexico after Trump announced tariffs on steel and aluminum, as well as other products, from China.
“The operation is really not profitable,” Fletcher said. “Mr. Trump is part of this.”
Stack-On has operated in Chicago — its only two U.S. plants — for four decades, according to the Tribune, which added that the company already has factories in Mexico and China.
But hey, at least Stack-On cares about Americans unlike the President. They are offering to help people relocate to El Paso, Texas so they can commute across the boarder to the new factory.
Fletcher told the newspapers that some of the employees will be given the option to relocated to El Paso, Texas, across the border from its Stack-On factory.
Man I sure hope the Mexicans don't kick them out of the country for being there illegally. Those Americans are just trying to get a better life for themselves.
originally posted by: Edumakated
originally posted by: Krazysh0t
Illinois manufacturer moving to Mexico over Trump tariffs
Trump's tariffs are making Mexico great again! It looks like a storage safe manufacturer outside of Chicago is closing up its factories, laying off 153 people and moving to Mexico citing Trump's tariffs as the reasons. This is yet one more factory to shutter its doors thanks to Trump's idiotic tariffs.
A storage safe manufacturer is reportedly planning to shut down two Illinois factories and move to Mexico in response to President Trump’s tariffs on Chinese metal imports.
Stack-On Products will close its two Chicago-area plants in October and lay off 153 people, according to the Chicago Tribune.
Al Fletcher, human resources director for the manufacturer’s Las Vegas–based parent company, told the newspaper that the company decided to relocate the operations to Mexico after Trump announced tariffs on steel and aluminum, as well as other products, from China.
“The operation is really not profitable,” Fletcher said. “Mr. Trump is part of this.”
Stack-On has operated in Chicago — its only two U.S. plants — for four decades, according to the Tribune, which added that the company already has factories in Mexico and China.
But hey, at least Stack-On cares about Americans unlike the President. They are offering to help people relocate to El Paso, Texas so they can commute across the boarder to the new factory.
Fletcher told the newspapers that some of the employees will be given the option to relocated to El Paso, Texas, across the border from its Stack-On factory.
Man I sure hope the Mexicans don't kick them out of the country for being there illegally. Those Americans are just trying to get a better life for themselves.
Couldn't possibly be due to the cheap labor in Mexico... Or the business environment in Illinois. Nah... Trumps tariffs.
I'll wait for the real story to come out.
source
Stack-On Products plans to lay off 128 people at its facility in north suburban Wauconda and 25 people at its McHenry plant when it closes both facilities Oct. 12, said Al Fletcher, human resources director for Alpha Guardian, the Las Vegas-based parent company.
“The operation is really not profitable,” Fletcher said. He said the decision to relocate operations to Juarez, Mexico, was made about two months ago when President Donald Trump announced tariffs on numerous goods and materials from China as well as other countries, to reduce what the president has called an unfair trade deficit.
“Mr. Trump is part of this,” Fletcher said. So far, the United States has imposed tariffs on $34 billion of Chinese technology goods and $3 billion of Chinese steel and aluminum, and has proposed another $16 billion.
originally posted by: avgguy
a reply to: Krazysh0t
“The company already has a plant in China and another in Mexico, and its only U.S. factories were the two in the Chicago area, Fletcher said“
I see you contently left this part out
originally posted by: Krazysh0t
originally posted by: Nickn3
Maybe Mexico is a safer work environment than Chicago. Only time will tell.
The company CLEARLY said they are moving because of the tariffs. Don't play dumb.
originally posted by: avgguy
a reply to: Krazysh0t
“The company already has a plant in China and another in Mexico, and its only U.S. factories were the two in the Chicago area, Fletcher said“
I see you contently left this part out
originally posted by: timequake
originally posted by: Krazysh0t
originally posted by: Nickn3
Maybe Mexico is a safer work environment than Chicago. Only time will tell.
The company CLEARLY said they are moving because of the tariffs. Don't play dumb.
They can claim that it was due to the tariffs, but it appears that this company was already operating multiple plants outside of the country. Its possible that it is merely an excuse to move the rest of their production outside as well in search of cheap labor. Cheap foreign labor is primarily why most companies leave. Payroll typically is the biggest chunk of any companies overhead costs.