MAGA, These Tariffs R Great! Element Electronics closing & Nuke Plant canceled. 5500 jobs BE GONE!

[dave p]

Pull the power plant out because that has nothing to do with Tarrifs. Let’s address the plant. They manufacture low end electronics. The tarrifs May end up being 10% in their imported components. So a tv will go from $100 to $110? The high end goes from $1,000 to $1,100? Hardly a reason to dampen the plants profitability. Maybe it wasn’t that strong financially to begin with. My company has Been hit with price increases from almost every one of our vendors. Ranging from 5% to 15%. Guess what? Sales are up 10% and we have increased employment by 3%. This story wreaks of dishonesty.

 

[busybee01]

South Carolina manufacturer says it's closing plant over Trump tariffs

Element Electronics, a consumer electronics company in South Carolina, says it will be closing its plant in Winnsboro due to tariffs imposed by President Trump.

The State reported Tuesday that the company was one of the largest remaining employers in Fairfield County after the local Walmart, which used to be the largest grocery store in the county, closed its doors two years ago.

The news also comes after plans were canceled to build two nuclear reactors in the area, terminating 5,000 construction jobs.
“When you think you’ve reached rock bottom, to get kicked in the gut like this, you didn’t think anything more could happen,” state Sen. Mike Fanning (D) said of Element's announcement to the local paper. “Within 365 days, you just get rocked to your core.”


---- 500 + 5000 = 5500 lost jobs.
FYI: In 2012 (under Obama), Element opened its 315,000-square-foot plant in Winnsboro, South Carolina. The company debuted its first Ultra HD and smart TVs in 2015, and it currently offers 25 different models in three series, with screen sizes ranging from 19 to 65 inches and average selling prices from $100 to $1,000.[1] The plant is estimated to bring 500 jobs to the Winnsboro area over a period of five years.
Element Electronics - Wikipedia


Hmmm? Only the Great Douche can fix thang great.

Tariffs have nothing to do with a nuclear power plant not being built.

South Carolina manufacturer says it's closing plant over Trump tariffs

Element Electronics, a consumer electronics company in South Carolina, says it will be closing its plant in Winnsboro due to tariffs imposed by President Trump.

The State reported Tuesday that the company was one of the largest remaining employers in Fairfield County after the local Walmart, which used to be the largest grocery store in the county, closed its doors two years ago.

The news also comes after plans were canceled to build two nuclear reactors in the area, terminating 5,000 construction jobs.
“When you think you’ve reached rock bottom, to get kicked in the gut like this, you didn’t think anything more could happen,” state Sen. Mike Fanning (D) said of Element's announcement to the local paper. “Within 365 days, you just get rocked to your core.”


---- 500 + 5000 = 5500 lost jobs.
FYI: In 2012 (under Obama), Element opened its 315,000-square-foot plant in Winnsboro, South Carolina. The company debuted its first Ultra HD and smart TVs in 2015, and it currently offers 25 different models in three series, with screen sizes ranging from 19 to 65 inches and average selling prices from $100 to $1,000.[1] The plant is estimated to bring 500 jobs to the Winnsboro area over a period of five years.
Element Electronics - Wikipedia


Hmmm? Only the Great Douche can fix thang great.

Tarrifs have nothing to do with a nuclear power plant not being built. It’s difficult to see how tarrifs are going to hurt this company since they manufacture product in the United States for United States consumption. There is something more to this story. You are just not very bright.

You are a moron. They are saying that this adds to the problems in the county starting with the termination of the nuclear plant project. You are the one who is not very bright.

 

[dave p]

Oh, you care about jobs? Check out the latest unemployment rates.

Thanks Obama. Great Job! For putting it so low. What has the Great Douche done?
The great Douche lowered it 0.4% is it if that anymore.
Obama lowered it from 9% to just short of 4%. That be a whole 5% lower under Obama.
To the Great Douche grand total of 0.4% if that.

You're close.

The bush boy left us with losing 850 thousand jobs a month and 10% unemployment.

Obama decreased it down to 4.7%.

That's a decrease of 5.3%.

When trump does that I'll be impressed.

Your math won’t work. You can’t have negative unemployment.

 

[theHawk]

South Carolina manufacturer says it's closing plant over Trump tariffs

Element Electronics, a consumer electronics company in South Carolina, says it will be closing its plant in Winnsboro due to tariffs imposed by President Trump.

The State reported Tuesday that the company was one of the largest remaining employers in Fairfield County after the local Walmart, which used to be the largest grocery store in the county, closed its doors two years ago.

The news also comes after plans were canceled to build two nuclear reactors in the area, terminating 5,000 construction jobs.
“When you think you’ve reached rock bottom, to get kicked in the gut like this, you didn’t think anything more could happen,” state Sen. Mike Fanning (D) said of Element's announcement to the local paper. “Within 365 days, you just get rocked to your core.”


---- 500 + 5000 = 5500 lost jobs.
FYI: In 2012 (under Obama), Element opened its 315,000-square-foot plant in Winnsboro, South Carolina. The company debuted its first Ultra HD and smart TVs in 2015, and it currently offers 25 different models in three series, with screen sizes ranging from 19 to 65 inches and average selling prices from $100 to $1,000.[1] The plant is estimated to bring 500 jobs to the Winnsboro area over a period of five years.
Element Electronics - Wikipedia


Hmmm? Only the Great Douche can fix thang great.

So they are trying to blame the cancellation of the nuclear plant on tariffs?
5000 construction jobs were “lost”, even though they were never really there. Which by the way has nothing to do with the plant or tariffs.

The plant lost a whopping 126 jobs. All because they were relying on Chinese crap.

Nice try, Bozo Ares.

I suppose those 126 jobs are crumbs. They are Americans who held jobs and apparently you don't give a damn. When more small businesses are forced into the same decision it will add up. You have no idea whether they are crap or not.

I was just pointing out it was 126 jobs, not “5500” as the lying sack of shit OP claimed.

 

[busybee01]

Pull the power plant out because that has nothing o do with Tarrifs. Let’s address the plant. They manufacture low end electronics. The tarrifs May end up being 10% in their imported components. So a tv will go from $100 to $110? The high end goes from $1,000 to $1,100? Hardly a reason to dampen the plants profitability. Maybe it wasn’t that strong financially to begin with. My company has Ben hit with price increases from almost every one of our vendors. Ranging from 5% to 15%. Guess what? Sales are up 10% and we have increased employment by 3%. This story wreaks of dishonesty.

You are the one who reeks of dishonesty. This is a small manufacturer who does not have the scale to shrug off higher prices. You have no clue what you are talking about.

 

[dave p]

South Carolina manufacturer says it's closing plant over Trump tariffs

Element Electronics, a consumer electronics company in South Carolina, says it will be closing its plant in Winnsboro due to tariffs imposed by President Trump.

The State reported Tuesday that the company was one of the largest remaining employers in Fairfield County after the local Walmart, which used to be the largest grocery store in the county, closed its doors two years ago.

The news also comes after plans were canceled to build two nuclear reactors in the area, terminating 5,000 construction jobs.
“When you think you’ve reached rock bottom, to get kicked in the gut like this, you didn’t think anything more could happen,” state Sen. Mike Fanning (D) said of Element's announcement to the local paper. “Within 365 days, you just get rocked to your core.”


---- 500 + 5000 = 5500 lost jobs.
FYI: In 2012 (under Obama), Element opened its 315,000-square-foot plant in Winnsboro, South Carolina. The company debuted its first Ultra HD and smart TVs in 2015, and it currently offers 25 different models in three series, with screen sizes ranging from 19 to 65 inches and average selling prices from $100 to $1,000.[1] The plant is estimated to bring 500 jobs to the Winnsboro area over a period of five years.
Element Electronics - Wikipedia


Hmmm? Only the Great Douche can fix thang great.

Tariffs have nothing to do with a nuclear power plant not being built.

South Carolina manufacturer says it's closing plant over Trump tariffs

Element Electronics, a consumer electronics company in South Carolina, says it will be closing its plant in Winnsboro due to tariffs imposed by President Trump.

The State reported Tuesday that the company was one of the largest remaining employers in Fairfield County after the local Walmart, which used to be the largest grocery store in the county, closed its doors two years ago.

The news also comes after plans were canceled to build two nuclear reactors in the area, terminating 5,000 construction jobs.
“When you think you’ve reached rock bottom, to get kicked in the gut like this, you didn’t think anything more could happen,” state Sen. Mike Fanning (D) said of Element's announcement to the local paper. “Within 365 days, you just get rocked to your core.”


---- 500 + 5000 = 5500 lost jobs.
FYI: In 2012 (under Obama), Element opened its 315,000-square-foot plant in Winnsboro, South Carolina. The company debuted its first Ultra HD and smart TVs in 2015, and it currently offers 25 different models in three series, with screen sizes ranging from 19 to 65 inches and average selling prices from $100 to $1,000.[1] The plant is estimated to bring 500 jobs to the Winnsboro area over a period of five years.
Element Electronics - Wikipedia


Hmmm? Only the Great Douche can fix thang great.

Tarrifs have nothing to do with a nuclear power plant not being built. It’s difficult to see how tarrifs are going to hurt this company since they manufacture product in the United States for United States consumption. There is something more to this story. You are just not very bright.

You are a moron. They are saying that this adds to the problems in the county starting with the termination of the nuclear plant project. You are the one who is not very bright.

The op is tying the two together. The problems with the country? Low unemployment, higher GDP and an increase in wages. Those are problems? The plant is cancelled because of over runs and more cost effective alternate fuels. Try educating yourself and then come back. Why do you and this idiot that post drivel delight in showing your ignorance?

 

[Ridgerunner]

I suppose those 126 jobs are crumbs. They are Americans who held jobs and apparently you don't give a damn. When more small businesses are forced into the same decision it will add up. You have no idea whether they are crap or not.

Maybe quality control is an issue? Make a better product and the consumer will beat down your door...

IS ELEMENT TV ANY GOOD?

 

[dave p]

Pull the power plant out because that has nothing o do with Tarrifs. Let’s address the plant. They manufacture low end electronics. The tarrifs May end up being 10% in their imported components. So a tv will go from $100 to $110? The high end goes from $1,000 to $1,100? Hardly a reason to dampen the plants profitability. Maybe it wasn’t that strong financially to begin with. My company has Ben hit with price increases from almost every one of our vendors. Ranging from 5% to 15%. Guess what? Sales are up 10% and we have increased employment by 3%. This story wreaks of dishonesty.

You are the one who reeks of dishonesty. This is a small manufacturer who does not have the scale to shrug off higher prices. You have no clue what you are talking about.

They don’t have to shrug it off. They can raise prices as multiple others do. You have no idea what you are saying a 10% pass through isn’t that difficult. My God you mindless trolls are ignorant.

 

[Hellokitty]

August 7, 2018
By

FITSNews
The left-leaning Columbia, South Carolina State newspaper is currently engaged in some serious fearmongering/ handwringing in response to a recent announcement by Minnesota-based Element Electronics.

According to the crony capitalist television manufacturer – which opened a television manufacturing facility in Winnsboro, S.C. five years ago – it is closing its Palmetto State plant in response to recent tariffs imposed by U.S. president Donald Trump.

All told, 126 full-time jobs will be lost … which will further compound South Carolina’s atrocious employment situation. It will also do particular damage in Fairfield County, which was ground zero for the #NukeGate debacle that cost the state roughly 5,600 jobs last July.

Terrible news? Absolutely … and we feel bad for state senator Mike Fanning, who told reporter Avery Wilks of The State that Element’s announcement was another “kick in the gut” for his district.

It is, of that there is no doubt …

Unfortunately, there is much more to this story than Trump tariffs …

Longtime readers of this new site will recall that Element Electronics never intended to locate its facility in Fairfield County, and that its decision to do so was part of crony capitalist negotiations with former governor Nikki Haley.


Element Electronics: Crony Capitalist Fail


Please do not copy/paste entire articles.

Hellokitty

 

[theHawk]

Pretty relevant thread:

Under Trump, Biggest Jump in Manufacturing Jobs in Last 12 Months Since 1995

37,000 manufacturing jobs added last month alone.

President Trump tariffs are working.

/thread

 

[dave p]

South Carolina manufacturer says it's closing plant over Trump tariffs

Element Electronics, a consumer electronics company in South Carolina, says it will be closing its plant in Winnsboro due to tariffs imposed by President Trump.

The State reported Tuesday that the company was one of the largest remaining employers in Fairfield County after the local Walmart, which used to be the largest grocery store in the county, closed its doors two years ago.

The news also comes after plans were canceled to build two nuclear reactors in the area, terminating 5,000 construction jobs.
“When you think you’ve reached rock bottom, to get kicked in the gut like this, you didn’t think anything more could happen,” state Sen. Mike Fanning (D) said of Element's announcement to the local paper. “Within 365 days, you just get rocked to your core.”


---- 500 + 5000 = 5500 lost jobs.
FYI: In 2012 (under Obama), Element opened its 315,000-square-foot plant in Winnsboro, South Carolina. The company debuted its first Ultra HD and smart TVs in 2015, and it currently offers 25 different models in three series, with screen sizes ranging from 19 to 65 inches and average selling prices from $100 to $1,000.[1] The plant is estimated to bring 500 jobs to the Winnsboro area over a period of five years.
Element Electronics - Wikipedia


Hmmm? Only the Great Douche can fix thang great.

So they are trying to blame the cancellation of the nuclear plant on tariffs?
5000 construction jobs were “lost”, even though they were never really there. Which by the way has nothing to do with the plant or tariffs.

The plant lost a whopping 126 jobs. All because they were relying on Chinese crap.

Nice try, Bozo Ares.

I suppose those 126 jobs are crumbs. They are Americans who held jobs and apparently you don't give a damn. When more small businesses are forced into the same decision it will add up. You have no idea whether they are crap or not.

Sounds to me like the guys running the plant aren’t very good businessmen. The tarrifs on these components is very small. It would be interesting to see the fin coal structure and health prior to this. Sounds like a cover up to me.

 

[Ridgerunner]

It all happened in 2014... Thanks Obama...

 

[Baz Ares]

South Carolina manufacturer says it's closing plant over Trump tariffs

Element Electronics, a consumer electronics company in South Carolina, says it will be closing its plant in Winnsboro due to tariffs imposed by President Trump.

The State reported Tuesday that the company was one of the largest remaining employers in Fairfield County after the local Walmart, which used to be the largest grocery store in the county, closed its doors two years ago.

The news also comes after plans were canceled to build two nuclear reactors in the area, terminating 5,000 construction jobs.
“When you think you’ve reached rock bottom, to get kicked in the gut like this, you didn’t think anything more could happen,” state Sen. Mike Fanning (D) said of Element's announcement to the local paper. “Within 365 days, you just get rocked to your core.”


---- 500 + 5000 = 5500 lost jobs.
FYI: In 2012 (under Obama), Element opened its 315,000-square-foot plant in Winnsboro, South Carolina. The company debuted its first Ultra HD and smart TVs in 2015, and it currently offers 25 different models in three series, with screen sizes ranging from 19 to 65 inches and average selling prices from $100 to $1,000.[1] The plant is estimated to bring 500 jobs to the Winnsboro area over a period of five years.
Element Electronics - Wikipedia


Hmmm? Only the Great Douche can fix thang great.

Good to see you only read the headline.
Also, finished products are not covered under the tariff.
So the rep lied and you’re ignorant of the details of the tariff.

Really?

"Element said “the layoff and closure is a result of the new tariffs that were recently and unexpectedly imposed on many goods imported from China, including the key television components used in our assembly operations in Winnsboro,” in a letter to the state’s Department of Employment and Workforce obtained by the local pape"

 

[Baz Ares]

South Carolina manufacturer says it's closing plant over Trump tariffs

Element Electronics, a consumer electronics company in South Carolina, says it will be closing its plant in Winnsboro due to tariffs imposed by President Trump.

The State reported Tuesday that the company was one of the largest remaining employers in Fairfield County after the local Walmart, which used to be the largest grocery store in the county, closed its doors two years ago.

The news also comes after plans were canceled to build two nuclear reactors in the area, terminating 5,000 construction jobs.
“When you think you’ve reached rock bottom, to get kicked in the gut like this, you didn’t think anything more could happen,” state Sen. Mike Fanning (D) said of Element's announcement to the local paper. “Within 365 days, you just get rocked to your core.”


---- 500 + 5000 = 5500 lost jobs.
FYI: In 2012 (under Obama), Element opened its 315,000-square-foot plant in Winnsboro, South Carolina. The company debuted its first Ultra HD and smart TVs in 2015, and it currently offers 25 different models in three series, with screen sizes ranging from 19 to 65 inches and average selling prices from $100 to $1,000.[1] The plant is estimated to bring 500 jobs to the Winnsboro area over a period of five years.
Element Electronics - Wikipedia


Hmmm? Only the Great Douche can fix thang great.

So they are trying to blame the cancellation of the nuclear plant on tariffs?
5000 construction jobs were “lost”, even though they were never really there. Which by the way has nothing to do with the plant or tariffs.

The plant lost a whopping 126 jobs. All because they were relying on Chinese crap.

Nice try, Bozo Ares.

The plant total workers is 500.

 

[Ridgerunner]

The plant total workers is 500.

That was a projected total at full production...

First, Element pledged during its announcement to bring 500 jobs to Fairfield County (250 of them within the first year of operations), but that clearly didn’t happen. As usual, taxpayer-funded “economic developers” overpromised and underdelivered.

 

[theHawk]

South Carolina manufacturer says it's closing plant over Trump tariffs

Element Electronics, a consumer electronics company in South Carolina, says it will be closing its plant in Winnsboro due to tariffs imposed by President Trump.

The State reported Tuesday that the company was one of the largest remaining employers in Fairfield County after the local Walmart, which used to be the largest grocery store in the county, closed its doors two years ago.

The news also comes after plans were canceled to build two nuclear reactors in the area, terminating 5,000 construction jobs.
“When you think you’ve reached rock bottom, to get kicked in the gut like this, you didn’t think anything more could happen,” state Sen. Mike Fanning (D) said of Element's announcement to the local paper. “Within 365 days, you just get rocked to your core.”


---- 500 + 5000 = 5500 lost jobs.
FYI: In 2012 (under Obama), Element opened its 315,000-square-foot plant in Winnsboro, South Carolina. The company debuted its first Ultra HD and smart TVs in 2015, and it currently offers 25 different models in three series, with screen sizes ranging from 19 to 65 inches and average selling prices from $100 to $1,000.[1] The plant is estimated to bring 500 jobs to the Winnsboro area over a period of five years.
Element Electronics - Wikipedia


Hmmm? Only the Great Douche can fix thang great.

So they are trying to blame the cancellation of the nuclear plant on tariffs?
5000 construction jobs were “lost”, even though they were never really there. Which by the way has nothing to do with the plant or tariffs.

The plant lost a whopping 126 jobs. All because they were relying on Chinese crap.

Nice try, Bozo Ares.

The plant total workers is 500.

No dummy. It was estimated to bring 500 over five years. 126 real jobs will be laid off, but they haven’t even done that yet.

Meanwhile the Donald added 37,000 more manufacturing jobs last month.

 

[theHawk]

The plant total workers is 500.

That was a projected total at full production...

First, Element pledged during its announcement to bring 500 jobs to Fairfield County (250 of them within the first year of operations), but that clearly didn’t happen. As usual, taxpayer-funded “economic developers” overpromised and underdelivered.

He clearly has reading comprehension issues.

 

[Baz Ares]

Oh, you care about jobs? Check out the latest unemployment rates.

Thanks Obama. Great Job! For putting it so low. What has the Great Douche done?
The great Douche lowered it 0.4% is it if that anymore.
Obama lowered it from 9% to just short of 4%. That be a whole 5% lower under Obama.
To the Great Douche grand total of 0.4% if that.

You're close.

The bush boy left us with losing 850 thousand jobs a month and 10% unemployment.

Obama decreased it down to 4.7%.

That's a decrease of 5.3%.

When trump does that I'll be impressed.

Yep. The Great Douche can't even claim a whole 1% for MAGA BS LIES!. Obama really ended at about 4.2-3% from Obama's Great Work.
Say to March 2017. I'm a fair man. I don't recall it @ 10% or over under Obama as his high. Under 10% yes.

 

[Ridgerunner]

He clearly has reading comprehension issues.

And absolutely no business comprehension what so ever...

 

[Baz Ares]

Oh, you care about jobs? Check out the latest unemployment rates.

Thanks Obama. Great Job! For putting it so low. What has the Great Douche done?
The great Douche lowered it 0.4% is it if that anymore.
Obama lowered it from 9% to just short of 4%. That be a whole 5% lower under Obama.
To the Great Douche grand total of 0.4% if that.

Yes thanks Onama for creating all those part time low paying jobs!

MAGA is expanding that by 1000%. Thanks, Great Douche.