Nova78
Gold Member
- Dec 19, 2011
- 4,095
- 1,935
Op-Ed: Unions Help Foreign Company Land US Army Contract
While FN Herstal has its manufacturing plant in South Carolina, the company itself is a subsidiary of the Herstal Group, which, according to its website, " has been 100 percent owned by the Walloon Region of Belgium," or in other words, the government of Belgium. So, while net-net, manufacturing jobs are preserved in the U.S., the profits go to a foreign entity, which could also engender a loss of sales, administrative and other jobs in the U.S.
UAW regional director Julie Kushner said upon the announcement of the union wage hike at Colt Defense, "being able to save jobs allows members to continue producing quality goods that support their families, community and our country." While the pay hike was completed under the guise of helping the union workers, it has quite likely helped those same workers right out of a job by not allowing Colt to be competitive with the South Carolina-located, foreign-owned FN Herstal.
The irony of the situation is that not only have these unions, in seeking to protect their members, hurt them, the companies they work for and the communities that they work in, but the political ideology that has tried to preserve the unions for the benefit of the country has now sent taxpayer dollars to a foreign entity in the form of profits.
Pricing themselves out of a job -brilliant
While FN Herstal has its manufacturing plant in South Carolina, the company itself is a subsidiary of the Herstal Group, which, according to its website, " has been 100 percent owned by the Walloon Region of Belgium," or in other words, the government of Belgium. So, while net-net, manufacturing jobs are preserved in the U.S., the profits go to a foreign entity, which could also engender a loss of sales, administrative and other jobs in the U.S.
UAW regional director Julie Kushner said upon the announcement of the union wage hike at Colt Defense, "being able to save jobs allows members to continue producing quality goods that support their families, community and our country." While the pay hike was completed under the guise of helping the union workers, it has quite likely helped those same workers right out of a job by not allowing Colt to be competitive with the South Carolina-located, foreign-owned FN Herstal.
The irony of the situation is that not only have these unions, in seeking to protect their members, hurt them, the companies they work for and the communities that they work in, but the political ideology that has tried to preserve the unions for the benefit of the country has now sent taxpayer dollars to a foreign entity in the form of profits.
Pricing themselves out of a job -brilliant
