Posted on 08/18/2016 5:38:11 AM PDT by BenLurkin
Struggling retailer American Apparel is eyeing a move out of its downtown Los Angeles manufacturing facility for a lower-wage part of the country, according to two sources familiar with the company.
The Los Angeles clothing maker, which emerged from bankruptcy in February, is contemplating a move to a state such as Tennessee, North Carolina or South Carolina, where the minimum wage is $7.25, said one source, who requested anonymity due to pending litigation. That would be a significant savings once Californias minimum wage climbs to $15 an hour in 2020.
In a statement, American Apparel said it does not comment on rumors or speculation.
The lease on its current downtown Los Angeles headquarters, which is also its largest factory, runs out in 2019. The New York Post first reported the news. Another source, who requested anonymity to avoid losing work, said the company plans to keep its headquarters, including its design team, based in L.A.
(Excerpt) Read more at latimes.com ...
“Ford is not seeing a labor shortage anywhere in the USA. That story(fairly tale) you spewed is BS. Nobody has to beg for employees.”
I don’t know if the story is true, but I think the idea was that they were trying to get more blacks into employment at Ford. PC rules. Diversity is a shield.
“You are comparing apples and organges.”
I was comparing what people are saying today about China with what people were saying about Japan in the 1980s. It was strikingly similar: Imports from Japan were going to destroy our manufacturing base; Japan was going to buy up all of out valuable domestic assets; Japan was going to dominate world trade; ... etc.
big difference between japan and china. japan is a little islandd while china has 1.5 billion people
what people say makes no difference as one warning could be true and it is as china has 1.5 billion people and much more manufacturing than a Japan or the USA ever had.
Happy now ?
Japan is still a manufacturing powerhouse, the third largest manufacturer in the world. Like the US, Japan focuses on manufacturing high-value products. China produces and exports lots of cheap plastic toys and apparel which the US consumer demands. We can’t make $25 cotton dress shirts. If that’s what we want, we have to import them. If we impose 50% tariffs on imports from China, the US consumer will not benefit. Only the US producers of goods that substitute for these exports will gain.
china's currency manipulation acts as a tarrif against US products. Add to that other multiple trade barriers and there is no fair nor free trade. Trump is right. china has stolen all from the USA. I wouldn't trade with any country that uses currency manipulation nor these other unfair trade barriers. WE can produce anything in the USA and we still have a lot of manufacturing including steel which China is trying to destroy. just don't trade with China . they need us for our natural resources . we don't need anything . we have auotmation robots anything so wee don't need 1.5 billion human slaves like china has as a population. China's biggest strenth is her 1.5 billion people each of which is an Asian and the IQ's are higher than europeans for Asians.Obviously their government politicians are much smarter than US politicians who are just sell outs
Me too..... sweet heart.
I live there
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