Posted on 09/01/2009 8:44:08 PM PDT by Flavius
Boeing (BA) CEO Jim McNerney is eager to move the company to China. Whether moving Boeing to China means shifting its headquarters from Chicago to Beijing is up in the air. But Boeing already has $600 million in supplier partnerships with China -- such as a deal with Shenyang Aircraft Corporation to build an assembly for the 787's vertical fin. And Stan Sorscher, who spent 20 years at Boeing before taking a post at the Society of Professional Engineers in Aerospace (SPEEA) in 2000, told me that McNerney is hooked on the idea of shifting Boeing to China.
(Excerpt) Read more at dailyfinance.com ...
Ugh. Why don’t we move the capitol to beijing?
Seems like the logical next step after moving from Seattle to Chicago.
Well, ill be the first penguin to jump in the water here. IMO, this mentality of our CEO’s has damaged our country as much as the socialism of Obama and the democrats. Being “American” means absolutely nothing to these types.
I’ve never understood this mentality, embraced by too many on our side, that the wholesale dismantling our manufacturing base is somehow good for America.
I have never seen union boys getting *&^#-ed like they have been under Obama. They voted for this.
UAW has gotten screwed and more and more companies are leaving the USA.
Toyota killed NUMMI in CA. Why would Toyota continue to deal with UAW scum?
The mentality of wanting to stay in business is bad huh? I know how we can keep them from leaving, hitting them with massive tax increases!!
The economy is soooooooo re-invigorated...! GREAT..!
Nope. Union boys get the blame here. I had a freind who worked for United Technologies at a defense plant. They kept their mouth shut but the rank & file goons found out he was a Repub. He was pushed out in less than a month.
Also Pelosi, Reid and Obama make it almost impossible to manufacture anything in the U.S. anymore. Energy is a HUGE component in manufacturing especially electricity. How many nuke plants have been built since 1971?
Low prices are good for the consumer, and that’s all that matters, don’t you know?
Just the same old free trade: American jobs traded for cheap foreign labor, skilled and unskilled. Been happening for at least 50 years.
Of course, it’s always been sold as just getting rid of the lower paying jobs so Americans can be retrained for the higher paying, high tech jobs of the future.
The tanker competition is about to restart. I wonder if this would be a good move on Boeing’s part?
“I’ve never understood this mentality, embraced by too many on our side, that the wholesale dismantling our manufacturing base is somehow good for America.”
It’s got nothing to do with good or bad for America.
Government rules, restrictions and demands of labor plus cost of materials is all that matters to business.
The only purpose of any business is to make money!!
Spending 50 years in the construction business, I would never think of building a building for some business to do business in unless i made a profit.
No profit, they can go try and do business in a vacant lot.
I was never in the shack business but my attitude would have been the same, no profit, go sleep under a bush!
As long as moving to China will make more money, people will move to China.
Tail assembly won’t do crap if you can’t get the composite body structures to come together.
I know unions share some blame, but this is every bit as much a high-flying corporate game too. They prefer to use cheap chinese labor, then sell the planes back here at with no tariff. The boardrooms have lobbied hard for laws that let them leave the country. Conversely, they havent lifted a finger to repeal environmental laws, labor relations laws, tax laws, etc.
The CEOs are mostly not American anymore in their minds. They are “world citizens” just as happy to live in Hong Kong, or some Tax Haven.
You think a Chinese tail assembly will be made to that sloppy of a tolerance?
We're learning that Galt's Gulch is in China.
But they must also be willing to deal with the well-known decrease in quality that comes with a move to China. In many cases there is a drop in quality with such a move, and I would hesitate to move a company there who makes a product that has to work reliably 100% of the time or you’re talking lots of deaths and lawsuits.
With the 787 experiencing a LOT of problems with fabrication assembly because of parts being made all over the place, I would not risk moving the venture over to China.
It's actually simple to understand (I was an engineer for an American manufacturer for 19 years before being dumped).
The cost of parts can be applied anywhere; it comes down to the cost of labor to build the product and come up with a selling price that is competitive.
My company chose to manufacture in Mexico or China because union labor here in the US would not allow a cost structure and sell price that made economic sense against the competition.
That simple.
They are going more free market and we are going more Communist (under Obama) so I guess it kind of figures.
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