Samsung Plans To Open $380 Million Home Appliance Plant In US, Creating Almost 1,000 Jobs (cnbc.com)
Samsung Electronics has agreed to open a $380 million home appliance manufacturing plant in Newberry County, South Carolina. The new plant is expected to generate 954 local jobs by 2020. CNBC reports: The South Korean firm said this year it was in talks to build a home appliances plant in the United States amid worries about protectionist policies under U.S. President Donald Trump put pressure on global companies to generate jobs in the country. "With this investment, Samsung is reaffirming its commitment to expanding its U.S. operations and deepening our connection to the American consumers, engineers and innovators," Samsung Electronics America President and CEO Tim Baxter said.
SPACE HEATERS!
TRUMP powa!
Another big WIN for America!
Ok. Maybe a little more winning before we decide it's too much. :D MAGA bitches!
He said I'd get tired of all this winning, but I'm not tired of all this winning.
amid worries about protectionist policies under U.S. President Donald Trump put pressure on global companies to generate jobs in the country.
What a "breath of fresh air" when a president does exactly what he campaigned on doing as president; and it produces results!
Look, we're to be getting close to 1K jobs. Who can say that's bad or that he hasn't delivered?
Now, let me hear the other side...
After getting the run around after buying a $3000 fridge when the ice maker broke after 3 months, I spent 4 hours on the phone with them, and they eventually hung up. After the exploding phone fiasco, It seems they went from nearly non existent support hours to 24/7. All of a sudden they were very cooperative. Of course they were.. the warranty was out, and it no longer cost them anything.
Ive had their support lie to me about monitors for my work I was attempting to RMA. They closed the ticket without even calling me. When asked about this they said they spoke to me and everything was fine. Nope. They never called. Their support system never even showed an update to the ticket.
Washer and Dryer. Also broken after 1 year. No support.
Never again.
and it's working. Who'd of thought what works for the world's fastest growing economy would work for the world's largest; a business man.
there will be fire in thar hills...
I mean really, if I was at an appliance factory in South Carolina, I'd lock myself in the Fridge. It's bound to be more comfortable.
Seriously, have you been outside lately? If it's like this BEFORE global warming, I don't want it to get hotter.
So far the most accurate and yet catchy thing they have some up with has been "Samsung: We set good things alight".
Clearly, they will have to work on that some more.
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
The standard of living has fallen low enough in the US that now we're stealing jobs from China.
“Common sense is not so common.” — Voltaire
Wow, 900 jobs spread amongst 300 million people, what a triumph.
Just cruising through this digital world at 33 1/3 rpm...
Only in states that no one wants to live in that have never recovered from the civil war, so roughly half the country.
In real numbers, at 12.4 million we're down more than 7 million factory jobs since the 1979 peak of 19.5 million jobs. Adjusted for population growth, we need 10 million more factory jobs to get back to similar levels. At 1000 jobs a piece, that would require an average of more than 3 announcements per day of a two-term presidency.
The problem is, the world doesn't need that much more goods - especially considering the volume that could be produced by a buildout of that level with the technology the buildout's investment would create. Though it would only be an 80% increase over current factory employment, it would likely produce a tripling or more of output because we're talking all new plants here.
We'd be drowning in even more crap than we already have. It's a stupid vision.
Let's move forward, not backward. We need a new vision. That 19.5 million job peak came during a horrible economic time with 11%+ inflation. As I remember it, it sucked. Do we really want that back?
Maybe initiially, to build the plant and install the robots. Certainly 100s of jobs which is still better than nothing.
But hey, the Sun has risen in the East every single day since Trump was elected. It is really, really important that the sun rises every day, and on that, Trump has delivered in spades. Not a single day missed. And always, the Sun rising in the East, which is much better than the alternatives. Trump gets the important things right.
Thing is even if you brought all the manufacturing that has gone overseas in the interim back to the USA, you would never get to that number of jobs because much of it is now automated with robots.
In fact I would argue that many of the jobs where lost because of the inability of unions to accept that manufacturing was going to need less jobs.
Screwdriver factories were popular in the 90's where Americans could assemble something from all imported parts, and supply the packaging. Fridges, TV's and Photocopiers were some. They were PR jobs then. Now reinvented.
Before some idiot changed the law, and Mexico looked good - Hey -lets move the Aircon factory over there. Olivetti computer in Europe, IBM computer made in Wangaratta Australia. Right now British cars are unlikely to have 20% British in them.
You can either have jobs, or cheap stuff like $5 toasters. Pick one.
Thanks Obama