U.S. to be re-named West China

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
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www.alienbabeltech.com
I thought it would be re-named to Unestados De Mexico first but money talks and China has a lot more of it.

The reverse process Charrison, CAD & Co are so proud and happy about:

5-6-2004 Town Hopes Chinese Will Stir Manufacturing

Today, with the company's abandoned plant a reminder of the lost manufacturing jobs across Louisiana and the rest of the country, Mayor Eric Martin is on the same quest, but to a far different location: China.

"Like Toyota and Nissan, there are Chinese companies that want a presence in the United States," Martin said. "Capitalism is exploding in China."

Not everyone shares the enthusiasm, including Harold Resweber's son Don, who owns a convenience store-cafe on the highway leading to the plant. In 1969, his father led a delegation to Fruit of the Loom in Bowling Green, Ky., and persuaded the company to build Martin Mills.

Although the plant's closure was a major blow, Resweber said officials need to be careful to make sure that replacement companies are committed to the long term and boosting the standard of living.

If they're going to come in, they need to promise first-class wages and first-class benefits," Resweber said. "I'd support them if they'd promise that. I don't want them to come in and take advantage of our local people."

Martin and other officials plan to visit China for a third time later this year to negotiate. In the meantime, U.S. Sen. Mary Landrieu, D-La., has pledged support for expanding the foreign trade zone at the Port of Baton Rouge into St. Martin Parish.

In a foreign trade zone, companies can bring in goods free of U.S. tariffs and assemble them into a finished product, which Martin said is what the auto parts company wants to do at Martin Mills.

During early talks with the Chinese, St. Martinville officials were looking for manufacturing companies that want to used the "Made in the USA" label on their products. But Martin said the auto parts plan likely would restrict the label to "Assembled in the USA" ? at least for that product.

The Federal Trade Commission requires that a product advertised as Made in the USA be made "all or virtually all" in the United States.

The Chinese are visionary and see these emerging markets growing very rapidly. In a few years, you're going to see these kinds of investments all over the country."
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Ah, China is the Visionary, nothing like the U.S. going backwards, gotta love it.