http://uniongal.blogspot.com/2008/12/kongsberg-automotive-screws-van-wert.html written by The Union Girl at Monday, December 15, 2008
Kongsberg officials said the decisions were a result of the "global automotive market collapse" that has resulted in a steep drop in demand for automotive components especially in North America.
Kongsberg officials have said a lot, most of it is a bunch of hogswallow.
The Businessweek piece goes on to say:
Kongsberg said its Van Wert, Ohio facility will close sometime in the summer and its production will be transferred to the company's Nuevo Laredo, Mexico facility, eliminating about 105 jobs.
The company said it also plans to move its Haysville, Kan. facility's production to its facility in Matamoros, Mexico. The Haysville facility will also close sometime in the summer, affecting about 100 jobs, Kongsberg said.
Not a problem. When Kongsberg decideds that Mexico is too expensive, they'll move to Poland, Haiti, India, maybe back to the US, you know where ever the taxes are cheap and the workers are so desperate they'd crawl all over themselves to get the jobs. Cause in the end, they're really just greedy bastards.
And why do I call them greedy bastards, well, because while they talk about the poor auto market from one side of their mouth, they accept a huge German contract out of the other side.
FULL story at link.