New Ulm plant, with 80 jobs, relocati...

New Ulm plant, with 80 jobs, relocating to East Coast

There are 6 comments on the TwinCities.com story from Feb 6, 2009, titled New Ulm plant, with 80 jobs, relocating to East Coast. In it, TwinCities.com reports that:

The owners of a New Ulm plant that makes electrical servo motors say they will move most of the plant's operations out of Minnesota, affecting about 80 employees.

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Franklin Adams

Fargo, ND

#1 Feb 6, 2009
Probably because MN has the 9th highest state income taxes in the country and the 2nd highest corporate income taxes. Both are going to increase dramatically in the next two years according to top democrats in the state. Your fair share may well be 20% to the state and 40% to the feds in two years or more.
Observer

Minneapolis, MN

#2 Feb 6, 2009
Franklin Adams wrote:
Probably because MN has the 9th highest state income taxes in the country and the 2nd highest corporate income taxes. Both are going to increase dramatically in the next two years according to top democrats in the state. Your fair share may well be 20% to the state and 40% to the feds in two years or more.
Or it could be because the Minnesota plant was small, and it made more sense to consolidate the operations at larger plants. Or it could be that Pennsylvania and North Carolina are closer to their markets, or their suppliers.

It isn't always the taxes.
good job timmy

Saint Paul, MN

#3 Feb 6, 2009
T Paw chased another employer out of the state. Way to go!!
Franklin Adams

Fargo, ND

#4 Feb 6, 2009
Observer wrote:
<quoted text>
Or it could be because the Minnesota plant was small, and it made more sense to consolidate the operations at larger plants. Or it could be that Pennsylvania and North Carolina are closer to their markets, or their suppliers.
It isn't always the taxes.
You could be right. Or it could be the taxes.
Details Please

Minneapolis, MN

#5 Feb 6, 2009
Why are they moving? Slow sales, high taxes, excess capacity?
Gus

Elk River, MN

#6 Feb 6, 2009
We don't know, but as sure the sun rises in the East, some wingnut will claim it's the taxes.

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