Patch
Friday, June 17, 2005
Something Missing Here?
Tuesday, May 24, 2005.
Hyundai Opens First U.S. Auto Plant
Reuters
MONTGOMERY, Alabama -- Hyundai, which officially opened its first U.S. car assembly plant on Friday, expects its U.S. sales to rise about 16 percent this year to about 485,000 vehicles, said Bob Cosmai, head of Hyundai Motor America
Nissan opened a plant in Canton, Miss., in 2003 mostly to make SUVs and pickups. Toyota will open a truck plant next year in San Antonio, Texas. And in Alabama the other two assembly plants — Mercedes' in Vance, and Honda's in Lincoln — have both doubled in recent years.
Foreign-owned automakers have invested $27 billion and created 55,000 jobs during the last two decades in factories alone, according to the Association of International Automobile Manufacturers.
G.M. plans on laying off 25,000 and closing plants in the U.S
WILMINGTON, Del. — General Motors Corp. may be closing more plants and eliminating the jobs of one of every six employees in the United States …the crux of which involves eliminating 25,000 manufacturing jobs by 2008 from its U.S. work force of 150,000
Is Patches missing something here?
Hyundai Opens First U.S. Auto Plant
Reuters
MONTGOMERY, Alabama -- Hyundai, which officially opened its first U.S. car assembly plant on Friday, expects its U.S. sales to rise about 16 percent this year to about 485,000 vehicles, said Bob Cosmai, head of Hyundai Motor America
Nissan opened a plant in Canton, Miss., in 2003 mostly to make SUVs and pickups. Toyota will open a truck plant next year in San Antonio, Texas. And in Alabama the other two assembly plants — Mercedes' in Vance, and Honda's in Lincoln — have both doubled in recent years.
Foreign-owned automakers have invested $27 billion and created 55,000 jobs during the last two decades in factories alone, according to the Association of International Automobile Manufacturers.
G.M. plans on laying off 25,000 and closing plants in the U.S
WILMINGTON, Del. — General Motors Corp. may be closing more plants and eliminating the jobs of one of every six employees in the United States …the crux of which involves eliminating 25,000 manufacturing jobs by 2008 from its U.S. work force of 150,000
Is Patches missing something here?
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Patches, it does seem that there are going to be more manufacturing jobs by this account. Of course, there should come with this expansion of the foreign car makers plants, other subsidiary jobs and the like.
Is that what you are referring to or is it the thing about GM losing market share?
Is that what you are referring to or is it the thing about GM losing market share?
Alabama; lost 32,000 mostly low paying textile jobs in the last 5 yrs. DaimlerChrysler, honda combined with Hyunai created 10,500 by 2005
Hyundai had to hire most of its skilled workers from out of state, as Alabama workers did not have the skills Need of better education in state.
Hyundai paying $20 hr. benefits? G.M. blaming high pension and health care cost Union says mismanagement.
What I'm missing is how foriegn auto companies are making it the states and domistic companies are failing. Why arn't they building plants in Alabama? Don't throw unions at me, I have links that show unions helped more then hurt domistic companies. All the reading I'm doing points to bad management. Also pints to how deep the health care crisis is in the US, with pension coming on strong.
Hyundai had to hire most of its skilled workers from out of state, as Alabama workers did not have the skills Need of better education in state.
Hyundai paying $20 hr. benefits? G.M. blaming high pension and health care cost Union says mismanagement.
What I'm missing is how foriegn auto companies are making it the states and domistic companies are failing. Why arn't they building plants in Alabama? Don't throw unions at me, I have links that show unions helped more then hurt domistic companies. All the reading I'm doing points to bad management. Also pints to how deep the health care crisis is in the US, with pension coming on strong.
I haven't done much research into the auto industry except for reading Ioccoca's biography. It was fascinating, though.
Why are the skilled workers having to come from out of state? Is there not a employee pool skilled enough to satisfy demand in the area?
Why are the skilled workers having to come from out of state? Is there not a employee pool skilled enough to satisfy demand in the area?
Patches,
I watched a Frontline report on Wal-Mart and I think I understand why U.S companies are losing out to foreign competition!!I don't know for certain, I might be wrong, but I think it has to do with the ridiculous amounts of money that American companies pay their middle and upper management!!!Maybe the outrageous amounts of money they pay managers, who don't know their asses from a hole in a tree, contribute greatly to the more expensive production cost for U.S companies!!There is no reason someone should get a six or seven figure salary for sitting on their asses when they're not playing golf on company time!!
But the kicker is , now we're finding out that some of these lowlives are responsible for fleecing the companies and it's shareholders that they were paid handsomely to manage!!
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I watched a Frontline report on Wal-Mart and I think I understand why U.S companies are losing out to foreign competition!!I don't know for certain, I might be wrong, but I think it has to do with the ridiculous amounts of money that American companies pay their middle and upper management!!!Maybe the outrageous amounts of money they pay managers, who don't know their asses from a hole in a tree, contribute greatly to the more expensive production cost for U.S companies!!There is no reason someone should get a six or seven figure salary for sitting on their asses when they're not playing golf on company time!!
But the kicker is , now we're finding out that some of these lowlives are responsible for fleecing the companies and it's shareholders that they were paid handsomely to manage!!
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