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Wildflower

USA
4528 Posts

Posted - 10/05/2010 :  12:48:20 PM  Show Profile  Reply with Quote
I wasn't really sure where to put this news story. It came out of Asheville, NC, but it applies to our area too.

A manufacturing company there (Nypro) recently won a contract to manufacture a new insulin pen for diabetics that will add many jobs. They had to compete against China and Europe and then expand their facility.

http://www.citizen-times.com/article/20101005/NEWS/310050027/Nypro-to-hire-156

Just as an idea of how much manufacturing has been lost in Western North Carolina alone, check out these paragraphs from the article:

"While several local manufacturers have announced plans to hire recently, the flow of jobs from 1998 to 2008 was decidedly outbound.

The 23 westernmost counties lost 225 manufacturers and 51,740 manufacturing jobs during that decade. Total wages from manufacturing dropped from $2.96 billion to $2.1 billion, according to the Employment Security Commission.

Manufacturing in the Asheville Metropolitan Area (Buncombe, Henderson, Haywood, Madison and McDowell counties) has dropped from the No. 1 employer in 2000 to fifth this year, according to the Asheville Area Chamber of Commerce. But it still employs 17,800 people, and the average annual salary is $54,000."

I've heard many locals talk about the manufacturing that was lost here in North Georgia too.

Bearga

United States
2 Posts

Posted - 11/17/2010 :  9:13:56 PM  Show Profile  Visit Bearga's Homepage  Reply with Quote
Wild flower, your facts are right, now from a small manufacturers point of view.

Who is my biggest competitor? It is not the companies that make the same thing I do, going against them is a piece of cake, it is the GOV"T, yes my own govt that is forever raising yearly filings, fees and other taxes.

We pay our employees higher then any other company in town and if you let me slide on just the parole taxes, i could hire another two employees and still have money to blow.

Best news this business has seen in years, is GA voters threw out every Democrat that held a state office, now maybe us business owners will get a reprieve and make some money and hire more people.Go to Top of Page

shucks


2145 Posts

Posted - 11/18/2010 :  08:25:21 AM  Show Profile  Reply with Quote
Bearga, I disagree with your supposition about competition. Maybe if you went back and re read your post it just might be a clue.

ShucksGo to Top of Page

Bearga

United States
2 Posts

Posted - 11/18/2010 :  1:54:30 PM  Show Profile  Visit Bearga's Homepage  Reply with Quote
Shucks, you can disagree all you want but been in this business 25 years and trust me i know who our competition is.
If we go out of business, it will be because of the GOVT, not because the business is in debt or not a leader in its field or has an owner with his priorities screwed up.

Contrary to popular belief, business don't pay taxes, they are added to cost of goods or the employees take it up the yang yang.
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mountainguy

USA
2247 Posts

Posted - 11/18/2010 :  8:01:11 PM  Show Profile  Visit mountainguy's Homepage  Reply with Quote
quote:

Shucks, you can disagree all you want but been in this business 25 years and trust me i know who our competition is.
If we go out of business, it will be because of the GOVT, not because the business is in debt or not a leader in its field or has an owner with his priorities screwed up.

Contrary to popular belief, business don't pay taxes, they are added to cost of goods or the employees take it up the yang yang.


Bearga,

Couldn't agree with you more. Have been in business for 14 years and the regulations are keeping us from maintaining business in the U.S. One of our U.S. suppliers has thrown in the towel because of over-regulation for a portion of their business and ours. It's sad.

I really don't want to go overseas but, these regulations and taxes are forcing us to.

When they bailed out the "too big to fail" businesses they were saying to small businesses "you're too small to matter", even though small business employs over 75% of America.

The banks are killing us on interest as well. We had a line of credit at 9% until some of the banks failed. That interest rate has now gone to 34.9%. No, that is NOT a misprint. It's the BIG business lobby that wins in Washington. Why, as a small business, am I left holding the bag?

And, I have to tell ya, this didn't start with Obama. The bailout was instigated during the Bush administration. Most Republicans, with the exception of some of the Tea Party members, are no better.

MG

"Educate and inform the whole mass of people. They are the only sure reliance of the preservation of our freedom."
-- Thomas Jefferson

Edited by - mountainguy on 11/18/2010 8:20:53 PM

Edited by - mountainguy on 11/18/2010 9:00:42 PMGo to Top of Page

hog wild

United States
180 Posts

Posted - 11/19/2010 :  10:12:45 AM  Show Profile  Visit hog wild's Homepage  Reply with Quote
I just don't see any demand in the US markets. Margins are to slim and most are just barely holding on. Historically real estate drives demand. Until real estate rebounds unemployment will remain high. One economist had an interesting solution. His idea was that the government should buy up all the foreclosed houses and tear them down thus eliminating supply so when demand returns so will construction and jobs. well that was 3 years ago and the end is still nowhere in sight. We continue to feed Chinas industrial base as we loose jobs by the millions. MG, keep your production here in the US and promote the "made in the USA" label befor you ship those jobs to China.

loud pipes save livesGo to Top of Page

mountainguy

USA
2247 Posts

Posted - 11/21/2010 :  11:47:26 AM  Show Profile  Visit mountainguy's Homepage  Reply with Quote
HW,

If we did not go overseas for product, we wouldn't have business. Period.

Moreover, our customers would have to pay 2 to 5 times as much if it were manufactured here.

"Educate and inform the whole mass of people. They are the only sure reliance of the preservation of our freedom."
-- Thomas JeffersonGo to Top of Page

Wildflower

USA
4528 Posts

Posted - 11/23/2010 :  9:52:59 PM  Show Profile  Reply with Quote
quote:

Historically real estate drives demand. Until real estate rebounds unemployment will remain high.

What history is that? Recent history?

People used to buy houses to live in rather than looking at them as an investment. The real estate bubble disguised the fact that America isn't producing very many goods anymore compared to our past.

By artificially inflating real estate and having people take out second mortgages to buy stuff, we didn't have to face the fact that our manufacturing has declined so much. The economy only "looked" wonderful because people were spending borrowed money, convinced that real estate only goes up. And so many more people than ever before were employed as realtors, builders, and sellers of items for the home.

Real wages adjusted for inflation were stagnant, but people felt good as long as their houses were wildly appreciating.

We may go the way Japan has gone, with years and years of stagnant housing prices. There is nothing on the horizon to prop them up.

Artificially inflating housing is not a real economy. Home buying should be an indication of a healthy economy, not the driving force.

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