DuPont shifts focus overseas

[malachi]

The company's "center of gravity" will move to Asia and Eastern Europe as it sheds jobs and consolidates to cut nearly $1 billion.

DuPont Co., which flourished selling paint to Detroit automakers and electronic materials to Silicon Valley technology companies, said yesterday that it was moving its "center of gravity" to where the business is - China, India, and Eastern Europe.

The Wilmington-based company announced plans to cut $900 million in costs over the next two years by reducing its workforce, streamlining its product lines, and consolidating manufacturing and support services.

http://www.philly.com/mld/inquirer/7391071.htm

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[Racenut20]

1. Does this mean Jeff will have to drive a Toyota ????