Auto parts firm closing Indiana plant

Auto parts firm closing Indiana plant

There are 84 comments on the The Indianapolis Star story from Jul 25, 2007, titled Auto parts firm closing Indiana plant. In it, The Indianapolis Star reports that:

Intec, a manufacturer of automotive components, announced Monday it will be closing its flagship Morocco facility by year's end.

Join the discussion below, or Read more at The Indianapolis Star.

Second thought

AOL

#65 Jul 25, 2007
American Worker wrote:
<quoted text>
I plead guilty. I consider myself a socialist in the finest Eugene V. Debs, Walter Reuther, Samuel Gompers, and John Lewis tradition. Many sarcastic folks would even call Franklin Delano Roosevelt a socialist for bringing us social security and other New Deal programs. My favorite Roosevelt is Theodore who responded to being dumped by the Republican party because of his trust busting activities by running for President on the Progressive Party (Bull Moose) ticket. None of these giants of American thought, politics, and labor would have stood mute as the American Dream is dismantled by the unbridled greed of capitalism.
More to the point - socialism is not a bad thing. It is not a dirty word. It is an economic theory which seems to be working quite well in the Scandinavian countries whose political and economic systems are socialist in nature. I believe Norway, Sweden, and Denmark are all in the top 6 in per capita income in the world and at least 2 of them are ahead of the USA.
I hope your right so I can relax and work maybe half as much. It's definently coming to America. Their's more and more people like you who can't compete and have given up trying and without the stress your living longer and sucking more money out of the system. I worry though. I'm beginning to come over to your side and I can't help but wonder if we're all in the wagon, whose going to pull it? Help me out and answer that. Think
MikeB

United States

#66 Jul 25, 2007
Second thought wrote:
<quoted text>
I hope your right so I can relax and work maybe half as much. It's definently coming to America. Their's more and more people like you who can't compete and have given up trying and without the stress your living longer and sucking more money out of the system. I worry though. I'm beginning to come over to your side and I can't help but wonder if we're all in the wagon, whose going to pull it? Help me out and answer that. Think
The smokers can pull the wagon they just need a break every now and then. Its a breakeven point. How long can we send jobs elsewhere before the cheap products can not be consumed? Inventory builds, layoffs begin, wages drop then all of a sudden you pure economics folks will be talking about a depression. OOH how did that happen. The market should have corrected itself. Then we get isolationism. Then we get limited access to LIFE needs then we get WAR to get the things we need or want. The pure economists on here never studied history. Companies need to look long term. Be satisfied with single digit growth. No need to cut your balls off for double digit growth every year forever. The problem is in management school, they teach that you just need to manage the people you do not need to know how to do the job. Well, thats a crock. Big business buys legislation that allows this and in the long term they are just selling the soul of this country for a short term gain. F*** the global economy it is going to kill this country.
Think

West Lafayette, IN

#67 Jul 25, 2007
We need to charge all of the businesses higher import fees and stop this kind of stuff....should've been dealt with years ago....Maybe they have gotten a better tax abatement....is theirs running out where they are? Every company moving here now, getting these wonderful goverment handouts will be leaving as soon as they run out just like the city or town they left to come here....WAKE UP PEOPLE Indiana isn't doing anything special to attract the businesses that are coming except raising our taxes to give theirs to them free and then pay to build all the drug/alcohol addicted athletes and their owners fancy places to flaunt their bad habbits.
The WTO and China

Palo Alto, CA

#68 Jul 25, 2007
Sarcasm wrote:
<quoted text>
Now your thinking like a socialist.
This is a good example of the free enterprise system at work. It's supposed to encourage competition to keep prices down but it does nothing for the common laborer.
There is a difference you know between comparative advantage and ABSOLUTE advantage. You should better understand the US & China trade agreement before putting your foot in your mouth. Things like fixed currency rates, Poor EPA regulations ect. do not fly well with "FAIR Trade Agreements".
Tangible Assets

Marysville, OH

#69 Jul 25, 2007
We can all talk about it and gripe or we can actually DO something about it to change our situation.

Do you all remember when gas was a dollar a gallon?

When stamps were 25 cents a piece?

When coffee was just 50 cents a cup?

Why are these items so expensive today?
->Inflation, interest rates and income taxes.

The devaluation of the dollar, or paper money (federal reserve notes).

The only way for the middle and lower class to keep pace with the rich and elite in this Country is to do what they do, and without hurting anyone financially in the process. It is simple, invest in tangible assets like they do but at a rate that is affordable to you.

Check this out: http://www.self-funding-income.com

taxed to death

Indianapolis, IN

#70 Jul 25, 2007
Delldude wrote:
<quoted text>
Bryan you are correct in all respect except one other thing, and that is THE AMERICAN PEOPLE THEMSELVES HAVE SOLD OUT TO OTHER COUNTRIES in their continuance of PURCHASING FORIEGN AUTO'S, and FORIGN GOODS at an alarming rate, and putting their AMERICAN counter parts OUT of WORK, which is having a rolling effect on all AMERICAN WORKER'S in putting other AMERICANS (even the ones who HATE the UNION'S) also out of jobs created by the AMERICAN AUTO INDUSTRIES, and other AMERICAN INDUSTRIES.
Now those Foreign Industries are coming in by the droves purchasing land (actually most land being offered free of charge to them by your elected officials,payed with your tax dollars (our land)(which by the way we as Americans cannot do in their countries) But actually is being offered to them with the option's as incentives, of not paying taxes, and further all types of other incentives to move their foriegn plants to here, and offered the moon to relocate to this or that county or State. REMEMBER THIS,THE MONIES MADE BY FORIEGN COMPANIES HERE GO TO THEIR COUNTRIES OF ORIGIN, and further devalues our dollar.
IT'S CALLED THE SELL-OUT OF AMERICA BY THE RICH, and the RICH POLITITION'S IN AMERICA! Who could care less. Too bad America, You screwed yourselves. Now live with it. But explain to you children later how you were part of the breaking of AMERICA by PURCHASING FORIEGN GOODs.
My Nissan runs great!
taxed to death

Indianapolis, IN

#71 Jul 25, 2007
Tom Pain wrote:
<quoted text>
I disagree...
Americans produce the same quality as foreign companies, just not as cheap.
And Americans ALWAYS by CHEAP before quality.
If this were true, GM and FORD would own the known universe.
ILLEGAL

Duncan, OK

#72 Jul 25, 2007
Does any one feel like blaming me (me the illegal) on this one?
Now you see why we come to this country? Because we went through the same thing in Latin America: Many jobs moved or have shut down thanks to globalization!
Call me for a list of examples: 1 800-GET REAL
Silver Lining

Marysville, OH

#73 Jul 25, 2007
We can all talk about it and gripe or we can actually DO something about it to change our situation.

Do you all remember when gas was a dollar a gallon?

When stamps were 25 cents a piece?

When coffee was just 50 cents a cup?

Why are these items so expensive today?
->Inflation, interest rates and income taxes.

The devaluation of the dollar, or paper money (federal reserve notes).

The only way for the middle and lower class to keep pace with the rich and elite in this Country is to do what they do, and without hurting anyone financially in the process. It is simple, invest in tangible assets like they do but at a rate that is affordable to you.

self-funding-income.com

Check the above out on the web. See for yourselves.
Ron S

Baltimore, MD

#74 Jul 25, 2007
This is a result of the morons in D.C. on both sides of the aisle. They need to thrown out or this country will be third world in the not so distant future.
RDM

Indianapolis, IN

#75 Jul 25, 2007
medical-device maker plans to expand its facility in the city, adding 40 jobs with total annual salaries of about $1.4 million, the mayor said.

Promex Technologies plans to more than double the size of its office and manufacturing plant to more than 35,000 square feet from 14,700 square feet, Franklin Mayor Brenda Jones-Matthews confirmed Tuesday.

"It means a lot for Franklin," Jones-Matthews said. "They're a quality company. They're global. They do a lot of research and development and manufacturing. They're the kind of company we want here."

The company has been in Franklin since 1998 and "never asked for anything," said the mayor of the city 20 miles southeast of Indianapolis. That was before the company asked officials this year about receiving tax-exempt financing bonds for its expansion project, which the city granted Monday.

The company is perhaps best-known as a manufacturer of biopsy needles, though it makes a variety of products under various brand names.

___
Good Grief

Indianapolis, IN

#76 Jul 25, 2007
Henry Ford wrote:
I understand the global economy. I understand it's cheaper to manufacture things in Mexico and China and then make a hefty profit selling them at market prices in the US. But how much longer is it going to be before these companies realize that unless people in the US have good paying jobs - like the ones you are moving overseas - then they won't be able to afford to buy your products? At some point, what's good for America has got to trump the "what's good for me" attitude - or there will be no America.
Are you bad mouthing capitalism? How dare you. It will be coming to an end soon. Just like you say no one can afford the items and the companies will all close and the only people left with money are the <5% of the people who are owners and shareholders. Life sucks.
Darwin

AOL

#77 Jul 25, 2007
Could someone please hire an editor!
funny

Louisville, KY

#79 Jul 25, 2007
bald guy wrote:
I wonder if those who helped Mr Cliton to office feel good about how he opened up the US for globel takeover. Now that all the union jobs are going out of the country I wonder how proud they are of the Dem's for shipping these jobs over sea.
You can't blame Clinton for NAFTA. The Repugnantcan Congress had the votes to override a veto if Clinton did veto the bill. He was forced to sign it or it would have been passed anyway.
america first

Jeffersonville, IN

#80 Jul 25, 2007
American Worker wrote:
Are Intec and Delphi going to sell their products in China? Not enough to amount to anything in the short run, I'm sure. When will our elected officials wake up and realize that it is destructive public policy to allow manufacturing technology to be transferred to any location outside of the U.S., let alone China. When we are militarily confronted by The People's Republic of China, and we will be, we will be easily defeated because they will be our sole supplier for military parts. This is not about global markets. Chinese workers cannot afford to purchase the consumer goods they make. China is not a significant market on a per capita basis nor are India and Mexico for that matter. The argument that American workers must compete globally is propaganda intended to facilitate the transfer of wealth from the middle class to the elite. They are systematically turning the United States into a third world country. In my opinion, what Mr. Pearlman and his ilk are doing borders on treason. But what do they care what I think? The fat cats are laughing all the way to the bank even as they declare bankruptcy in order to avoid living up to the obligation to fund the pensions of their zAmerican workers.
Amen! At some point in time the piper has to be paid. The American worker is paying the price. All Americans need to present a united front to our government and let them know we are tired of being sold out. By the way I am in management, but see the writing on the wall for all manufactuing. The playing field is far from level. If the Chinese or Mexicans had to comply with our federal regulations they could not provide such cheap labor.

Whatever happened to the philoshopy of paying wokers an honest day's pay so they can afford to buy the products they produce. That was Henry Ford's method and it worked to increase standards of living tremendously in this country. It also seemed to make Henry a lot of money thru the quality and productivity his workers produced. Globalization is nothing but pure greed and a step towards global socialism, where we will be worker bees serving at the pleasure of our masters.
Wayne

United States

#81 Jul 25, 2007
It is sad to thinnk his Dad open this company to manufacture automotive parts and now it is leaving a good community to go to Mexico or China. It would be different if the company was not making money and was going to close if it did not move - corporate greed and stock holders wanting more profits - 10 million is not good enough - we want to make 15 million and close a plant in Indiana and move it over sea. It is nice to make more money but at times corporate needs to look at keeping jobs in the United States and survive making 10% instead of 25%.

Since: Dec 06

Indianapolis, IN

#82 Jul 25, 2007
america first wrote:
<quoted text>

Whatever happened to the philoshopy of paying wokers an honest day's pay so they can afford to buy the products they produce.
UAW, AFL/CIO and all the others killed that 30 years ago. They turned it into 8 hours pay regardless of how much work you actually do. Reduced quotas so you can be done in 4 hours then go work your other job. Nobody gets fired for underperformance. All paid for through higher prices by the consumer. Gee, I wonder why they're going bankrupt.
cooper

Indianapolis, IN

#83 Jul 25, 2007
guessing they were overpaid union jobs. unions have wore out their use. causing companies to leave. union wages are out of whack and especially the benefits they impose are ridiculous!! the workers need to wake up and smell the coffee....or smell the exhaust as the companies leave them behind. you can get a fair wage and decent benefits without a union. or have the union accept reality and save your jobs!!
Steve

Freetown, IN

#84 Jul 25, 2007
Nothing more than business as usual. Lame excuses. At least they weren't blaming unions for their desertation of their employees as well as their town and their country. I will agree that all runaway plants with their executives need to be close to their customers. Please leave with your plant!
blam1963

Richmond, KY

#85 Jul 25, 2007
Randy wrote:
Honda and Toyota don't have unions. In the cases where they do have unions, they aren't as strong as the unions that dictate what Ford, Chrysler, and GM do. Blame it on the unions, not on globalization. When you pay someone to run a computerized line $50,000 a year because of union dominance, and you can get that same level of education in China for $1,000 a year, would you not move as well?
Bravo, Randy. Excellent point.

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