GM Opened Plant in China Four Months After Closing Plant in Wisconsin

Started by Bronx, September 02, 2012, 04:28:06 PM

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Bronx

GM Opened Plant in China Four Months After Closing Plant in Wisconsin.

A bailed out General Motors expanded its small truck and SUV manufacturing in China soon after closing down similar facilities in Janesville, Wisconsin -- the plant Barack Obama pledged to save and keep open for "another hundred years" in 2008.

GM has increased its manufacturing capacity in China by 55 percent since emerging from bankruptcy thanks to a $50 billion bailout from taxpayers. An important piece of that increased capacity has taken place in Changchun, Jilin Province in China.

On August 30, 2009, GM entered into a "50-50 joint venture" with China FAW Group Corp., one of China's largest automakers. GM's cash influx helped boost FAW's efforts to expand its light duty commercial vehicles and SUV manufacturing. The partnership sold more than 88,000 vehicles in 2010.

The move came four months after GM shuttered its Janesville plant, which built SUVs like the Chevrolet Suburban. The closure has become a matter of controversy on the campaign trail after Janesville congressman and Republican vice presidential nominee Paul Ryan noted the Obama administration failed to save the plant despite promising to do so on the campaign trail.

Obama stopped by the Janesville plant in February 2008 while campaigning for president and pledged to save the jobs of more than 2,000 employees.

"If our government is there to support you, and give you the assistance you need to re-tool and make this transition...this plant will be here for another hundred years," he said.

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People sleep peacefully at night because there are a few tough men prepared to do violence on their behalf.

A foolish man complains about his torn pockets.

A wise man uses it to scratch his balls.

taxed

I was wondering where their non-government jobs numbers were coming from.......
#PureBlood #TrumpWon

BILLY Defiant

I keep wonder where "all those jobs we created" BS came from.

So GM help chinese unemployment stats looks like.


Billy
Evil operates best when it is disguised for what it truly is.

tbone0106

Hey, they never said, "jobs created or saved ON U.S. SOIL."

Minor point, sure. Sorta thing presidential elections ride on.

JustKari

 :glare:  but, Romney's supposed to be king evil outsourcer.  Wonder what spin they will put on it?  Probably the same 'ol, same 'ol "move along folks, nothing to see here...."

mdgiles

It's "unfair" that the US economy is so much better than the Chinese economy/sarcasm.
It's only "fair" that Obama slow our economy down and give the rest of the world a chance to catch up/sarcasm.
"LIBERALS: their willful ignorance is rivaled only by their catastrophic stupidity"!

JustKari

This whole stinking presidency, all we have heard, over and over, is how O and MO think we should give up more of our pie,so everyone gets a fair share of pie.  Now we need to freeze our pie and ship it to China?  I can't wait until January, when he has to start giving up some of his own darned pie (like his cushy digs on Pennsylvania Ave).   :cursing: 

Sorry for the bad tude, having a rough day.   :glare: