Baz Ares
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- Feb 2, 2017
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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.
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.