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Samsung Plans To Open $380 Million Home Appliance Plant In US, Creating Almost 1,000 Jobs (cnbc.com)

Posted by BeauHD on from the job-creation dept.

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.

26 of 65 comments (clear)

  1. Well done Mr. President, your approach works... by bogaboga · · Score: 1, Flamebait

    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...

    1. Re:Well done Mr. President, your approach works... by drinkypoo · · Score: 3, Insightful

      Look, we're to be getting close to 1K jobs. Who can say that's bad or that he hasn't delivered?

      He hasn't delivered. Way more than 1k job exportations or terminations have been announced "during his watch". Maybe you were being sarcastic though, since 1k jobs is chickenshit, and I missed it. In that case, I'm sorry, but it was something dumb enough for a Trump supporter to actually believe and say.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    2. Re:Well done Mr. President, your approach works... by Anonymous Coward · · Score: 2, Informative

      ... or that he hasn't delivered?

      Everyone who believed his heath care promises.

    3. Re:Well done Mr. President, your approach works... by Dorianny · · Score: 2, Funny

      Yeh we are all grateful to Trump for wiping out ISIS in 30 days and unveiling his great healthcare plan that is going to cover everyone for less

    4. Re:Well done Mr. President, your approach works... by NumberCruncher5 · · Score: 1

      I'll believe it when I see it. Remember when Ford was going to create jobs in the US and now they're going to create jobs in China? Or maybe Carrier agreeing to keep those employees on but now it turns out to be temporary? Big companies have been tripping over themselves to make big proclamations on how many jobs they're going to create but so far very few have actually materialized. It's all about making the President happy so you'll get something nice in return down the line.

    5. Re:Well done Mr. President, your approach works... by drinkypoo · · Score: 2, Insightful

      Wait until you lose your job. [...] Don't change your tune though. Stick to your guns and keep on Trump hatin' brother.

      So wait, you're telling me I'm going to lose my job. Doesn't that mean that Trump isn't saving it?

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    6. Re:Well done Mr. President, your approach works... by JustAnotherOldGuy · · Score: 1

      What a "breath of fresh air" when a president does exactly what he campaigned on doing as president; and it produces results!

      You be sure to let us know when that happens.

      --
      Just cruising through this digital world at 33 1/3 rpm...
    7. Re:Well done Mr. President, your approach works... by quenda · · Score: 4, Interesting

      Look, we're to be getting close to 1K jobs. Who can say that's bad or that he hasn't delivered?

      Maybe you were being sarcastic though, since 1k jobs is chickenshit, and I missed it.

      You did not miss it. I took it as sarcasm, but these days, who can tell for sure?

      Trump has been promising the coal miners their jobs back, but everyone in the industry is saying they are not coming back, and the best Trump can do is slow the losses. This is not Trumps fault, or Obama's, or any politician. Automation is global. One excavator can mine 240,000 tons of coal per day with a crew of five.

      Trump may be trying to keep his promises, but he certainly does not try to make promises he can keep.

    8. Re:Well done Mr. President, your approach works... by Anonymous Coward · · Score: 1

      Job growth and decline is cyclical in nature and is usually the result of economic factors that change over time. The US lost some manufacturing jobs mainly because of labor cost differentials. However the pendulum is now starting to swing the other way. Right now a Chinese business or manufacturer in a lot of different industries can be more profitable operating in the US than in China. Lower energy costs, significantly lower corporate tax rates, significantly less government interference, lower real estate costs, and lower manufacturing and business infrastructure costs far offset the higher costs of labor in the US.

      Job growth or decline doesn't hinge on who is President. As a matter of fact the President doesn't really have the power to implement any of the promises they make during their campaigns. Obama promised to close down Gitmo and generally speaking that should have been a slam dunk but the legislative branch blocked him. Almost every single Presidential campaign promise relies on the approval of the legislative and judicial branches of government. The Legislative branch are the mother fuckers with all the power and sadly they use that power to make sure the spotlight stays on the executive branch to cover their treasonous incompetence and unabashed corruption. The Senate and House have actually passed laws that forbid any member from being targeted for public investigation hearings. All the legislators are protected from becoming targets of special investigations, special investigators, and public hearings. Any time a legislator really fucks up and their actions cannot be swept under the rug any investigations or hearings pertaining to the members actions are conducted behind closed doors. Those found to be guilty of something usually just resign their position and become subject to the civil law enforcement agencies. We have legislators who have been on office for over 20+ years and these legislators have the power to usurp any perceived power those who elected them into office. The internal rules and regulations in the legislative branch basically allows these idiots to ruin this country without being bothered by the little people. With no term or campaign finance limits these assholes are 100% owned by the people who pay good money to keep them in office. While people waste all their energy complaining about the President these ass hats continue to run the country into the ditch. It's especially easy because today's generation of morons think the President wields the power of an Emperor who can just dictate commands that are carried out the next minute. A President cannot ruin a country but the people who believe they can are really the ones ruining the country through their shear ignorance while being pushed into a frenzy by the professional protesters wielding the most dangerous weapon the world has ever seen: The Internet.

    9. Re:Well done Mr. President, your approach works... by drinkypoo · · Score: 1

      Job growth or decline doesn't hinge on who is President. As a matter of fact the President doesn't really have the power to implement any of the promises they make during their campaigns.

      My point exactly.

      A President cannot ruin a country but the people who believe they can are really the ones ruining the country through their shear ignorance while being pushed into a frenzy by the professional protesters wielding the most dangerous weapon the world has ever seen: The Internet.

      The only professional protesters we've found so far have been stumping for Trump. That's what you mean, right? P.S. That's "sheer" ignorance.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    10. Re:Well done Mr. President, your approach works... by drinkypoo · · Score: 1

      you paid shills and your fucking talking points really stand out as stupid... "30 days!"

      Most paid shills post as AC so it's nontrivial to figure out who they are. You're more likely the paid shill. It's an old tactic to accuse the enemy of exactly what you are doing, because it makes them look desperate when they point out that you're the one doing that thing, even when it's obviously true. If you don't want to be assumed to be all the bad things, log in. You know, if that's not too complicated for you.

      it was never 30 days and you know it. it was 30 days for the military to deliver a plan. and they did. a plan that takes much longer than 30 days to complete. but you knew that too.

      It wasn't a small one million dollar loan and he knew it. It was more like ten. and one million dollars might be a small amount of money to the entrenched white oppressors, but it's a lot to everyone else. But we know that too.

      See, we can do this all day. But as long as you support Trump, you're a useful idiot at best. You know, just like you say about the Clinton supporters (and you're right.)

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    11. Re:Well done Mr. President, your approach works... by GLMDesigns · · Score: 3, Interesting

      Was a NeverTrump - but now with all the foolishness coming from left regarding Trump. Well, you guys lost me.

      Not only that but I think he is keeping his promises (surprisingly enough) and if people like you keep going the way you're going the Republicans may actually GAIN seats in an off-term election.

      F**k both the Republicans and Democrats. For years I've been hoping for the break up of the two-party system. I thought it would have been the Republicans that would have splintered first - now it looks like the Democrats, as a result of abandoning their labor roots, may be the party to splinter first.

      --
      If you're scared of your govt then you need to further restrict its powers
      Vote 3rd Party in 2016 and beyond
  2. Ill never buy Samsung "anything" again by Anonymous Coward · · Score: 2, Informative

    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.

    1. Re:Ill never buy Samsung "anything" again by pnutjam · · Score: 1

      Seconding this, Samsung appliances suck.

      --
      Cheap storage VM.
  3. Re:So he copied China's protectionist game by Anonymous Coward · · Score: 1

    HAVE!!! Who'd HAVE thought!

  4. They've been looking for a new slogan by drinkypoo · · Score: 1, Funny

    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.'"
    1. Re:They've been looking for a new slogan by drinkypoo · · Score: 1

      Sorry, GE already took that one....

      No, GE's is now "we put good things to death"

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  5. Standard of living by OrangeTide · · Score: 3, Funny

    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
    1. Re:Standard of living by bad-badtz-maru · · Score: 1

      It is essentially true, these jobs are pretty bad. Most of the factories in the area are working these horrific shifts, something like 4 12.5 hour days the first week and then 3 8 hour days the next week.

    2. Re:Standard of living by OrangeTide · · Score: 1

      It is essentially true, these jobs are pretty bad. Most of the factories in the area are working these horrific shifts, something like 4 12.5 hour days the first week and then 3 8 hour days the next week.

      Sounds like a bad business. Why pay overtime?

      It's better to have employees work 3 10 hour shifts a week, only get 30 weeks, that cuts the healthcare costs for a business. Hire twice as many people, because the overhead per employee is low now that you can treat them as part time workers. Your employees will have to figure out what to do about those other 4 days a week when they don't have any job. Change the days you make the employees work so that shifts are always covered, of course that means it's nearly impossible for employees to find a second job.

      --
      “Common sense is not so common.” — Voltaire
    3. Re:Standard of living by bad-badtz-maru · · Score: 1

      The 12.5 hour workdays cross the weekly boundaries in a way that doesn't create overtime.

      SC has a labor shortage currently (much in the manner of the IT labor "shortage" used to promote H1B) so there aren't twice as many workers available, else we'd probably see that "part time" tactic in use there.

  6. Oooooh by JustAnotherOldGuy · · Score: 1

    Wow, 900 jobs spread amongst 300 million people, what a triumph.

    --
    Just cruising through this digital world at 33 1/3 rpm...
  7. Re: Thank you Donald!!! by Frank+Burly · · Score: 3, Informative

    Samsung first considered setting up shop in the United States about three years ago, the company said, and started talks with South Carolina last fall. The firm said it picked Newberry County for its workforce, transportation infrastructure — the plant is 150 miles from the Port of Charleston — and “commitment to public-private partnerships.”

    https://www.washingtonpost.com...

  8. Just 10,000 more announcements to get to the 70s by RhettLivingston · · Score: 3, Insightful

    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?

  9. Probably not 1000 jobs anyway by aberglas · · Score: 1

    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.

    1. Re:Probably not 1000 jobs anyway by apoc.famine · · Score: 1

      If Trump can screw up the sun rising, I've seriously underestimated him.

      --
      Velociraptor = Distiraptor / Timeraptor