smn1256
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GM to Build New $500,000,000 Vehicle at Plant in Mexico
As part owner owner of GM, thanks to the bail out, I want to use my veto power. Why isn't the MSM/UAW all over this?
General Motors will invest $500 million to produce a new vehicle and eight-cylinder engines in a plant in northeastern Mexico, a company spokesman said on August 4.
The decision was announced at a meeting on August 3 between GM management and Mexican officials, the spokesman said, without giving details of the new vehicle.
The investment in the GM plant in Ramos Arispe, Coahuila state, would generate 390 jobs, he added.
General Motors has been present in Mexico since 1935, where it has some 11,000 workers, four factories, an engineering center and a test circuit.
http://industryweek.com/articles/gm_to_b...22462.aspx
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08-05-2010 10:00 PM |
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Owl 69/70/75
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RE: GM to Build New $500,000,000 Vehicle at Plant in Mexico
$500 million plant to generate 390 jobs?
Sounds highly automated, maybe like that Ford plant in Brasil.
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08-05-2010 10:10 PM |
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Bull_In_Exile
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RE: GM to Build New $500,000,000 Vehicle at Plant in Mexico
(08-05-2010 10:00 PM)smn1256 Wrote: As part owner owner of GM, thanks to the bail out, I want to use my veto power. Why isn't the MSM/UAW all over this?
General Motors will invest $500 million to produce a new vehicle and eight-cylinder engines in a plant in northeastern Mexico, a company spokesman said on August 4.
The decision was announced at a meeting on August 3 between GM management and Mexican officials, the spokesman said, without giving details of the new vehicle.
The investment in the GM plant in Ramos Arispe, Coahuila state, would generate 390 jobs, he added.
General Motors has been present in Mexico since 1935, where it has some 11,000 workers, four factories, an engineering center and a test circuit.
http://industryweek.com/articles/gm_to_b...22462.aspx
Don't get me started.... My father, who worked at GM 25 years had all of his stock revoked when GM was bailed out. Of course the current union leaders are part owners, just screw the guys who already retired...
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08-06-2010 01:59 AM |
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DrTorch
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RE: GM to Build New $500,000,000 Vehicle at Plant in Mexico
I think this is the gov't's response to the immigration issue.
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08-06-2010 07:37 AM |
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Lord Stanley
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RE: GM to Build New $500,000,000 Vehicle at Plant in Mexico
(08-06-2010 07:37 AM)DrTorch Wrote: I think this is the gov't's response to the immigration issue.
Yeah, illegal immigration will go from 12,000,000 a year to 11,999,610 a year.
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08-06-2010 07:47 AM |
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Owl 69/70/75
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RE: GM to Build New $500,000,000 Vehicle at Plant in Mexico
(08-06-2010 07:47 AM)Lord Stanley Wrote: (08-06-2010 07:37 AM)DrTorch Wrote: I think this is the gov't's response to the immigration issue.
Yeah, illegal immigration will go from 12,000,000 a year to 11,999,610 a year.
Ultimately, this is the ONLY solution. Although if it happens 390 at a pop, it's going to take a long time.
A vibrant Mexican economy--or a US economy in the tank--is the only way to ease the pressure to come here and make a better life. Which of those do you prefer?
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08-06-2010 07:55 AM |
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dwr0109
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RE: GM to Build New $500,000,000 Vehicle at Plant in Mexico
Option C.
Protecting the borders and aggressively targeting illegal immigrants and those who hire them.
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08-06-2010 07:59 AM |
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Owl 69/70/75
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RE: GM to Build New $500,000,000 Vehicle at Plant in Mexico
(08-06-2010 07:59 AM)dwr0109 Wrote: Option C.
Protecting the borders and aggressively targeting illegal immigrants and those who hire them.
That should work.
Just like protecting the borders and aggressively targeting those who use drugs and those who sell them.
Or, a generation or two ago, protecting the borders and aggressively targeting those who make, sell, and consume alcohol.
Yeah, right.
(This post was last modified: 08-06-2010 08:04 AM by Owl 69/70/75.)
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08-06-2010 08:04 AM |
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sparkomemphis
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RE: GM to Build New $500,000,000 Vehicle at Plant in Mexico
(08-05-2010 10:10 PM)Owl 69/70/75 Wrote: $500 million plant to generate 390 jobs?
Sounds highly automated, maybe like that Ford plant in Brasil.
Is the Ford plat in Brazil. the one that the UAW would not allow Ford to build in the USA ?
I thin the reason was that the plant was so automated that there would not be
enough workers.
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08-06-2010 08:48 AM |
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Bull_In_Exile
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RE: GM to Build New $500,000,000 Vehicle at Plant in Mexico
(08-06-2010 07:55 AM)Owl 69/70/75 Wrote: (08-06-2010 07:47 AM)Lord Stanley Wrote: (08-06-2010 07:37 AM)DrTorch Wrote: I think this is the gov't's response to the immigration issue.
Yeah, illegal immigration will go from 12,000,000 a year to 11,999,610 a year.
Ultimately, this is the ONLY solution. Although if it happens 390 at a pop, it's going to take a long time.
A vibrant Mexican economy--or a US economy in the tank--is the only way to ease the pressure to come here and make a better life. Which of those do you prefer?
I disagree. You're presenting a false choice between completely sealed borders and the chaos we have now. If people got past the Berlin wall they will get past the border but if you got rid of sanctuary cities, cracked down on employers, and beefed up the border you could seriously reduce the problem.
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08-06-2010 09:04 AM |
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cb4029
The spoon that stirs the pot.
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RE: GM to Build New $500,000,000 Vehicle at Plant in Mexico
(08-06-2010 08:04 AM)Owl 69/70/75 Wrote: (08-06-2010 07:59 AM)dwr0109 Wrote: Option C.
Protecting the borders and aggressively targeting illegal immigrants and those who hire them.
That should work.
Just like protecting the borders and aggressively targeting those who use drugs and those who sell them.
Or, a generation or two ago, protecting the borders and aggressively targeting those who make, sell, and consume alcohol.
Yeah, right.
:pwnt:
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08-06-2010 09:09 AM |
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dwr0109
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RE: GM to Build New $500,000,000 Vehicle at Plant in Mexico
(08-06-2010 08:04 AM)Owl 69/70/75 Wrote: (08-06-2010 07:59 AM)dwr0109 Wrote: Option C.
Protecting the borders and aggressively targeting illegal immigrants and those who hire them.
That should work.
Just like protecting the borders and aggressively targeting those who use drugs and those who sell them.
Or, a generation or two ago, protecting the borders and aggressively targeting those who make, sell, and consume alcohol.
Yeah, right.
That's a black market issue. Right now, illegal aliens are free to work in the open economy. Cracking down on illegal workers in the open, "legitimate" workforce is well within our ability, and doing so would drastically cut down on illegal immigration. There will always be black-market jobs and under-the-table jobs, but the government could make a huge impact in this area if it wanted to. The effects of such a crackdown (higher labor costs making everything more expensive) are another debate entirely.
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08-06-2010 09:16 AM |
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Lord Stanley
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RE: GM to Build New $500,000,000 Vehicle at Plant in Mexico
(08-06-2010 07:55 AM)Owl 69/70/75 Wrote: (08-06-2010 07:47 AM)Lord Stanley Wrote: (08-06-2010 07:37 AM)DrTorch Wrote: I think this is the gov't's response to the immigration issue.
Yeah, illegal immigration will go from 12,000,000 a year to 11,999,610 a year.
Ultimately, this is the ONLY solution. Although if it happens 390 at a pop, it's going to take a long time.
A vibrant Mexican economy--or a US economy in the tank--is the only way to ease the pressure to come here and make a better life. Which of those do you prefer?
At Ford's USD$1.285 million investment per Mexican blue and white collar job, I am not sure we are getting our money's worth if we're trying to improve the Mexican economy.....
But you point is well taken.
I've mentioned before that the regular Mexican white collar worker is as well educated, motivated and effecient as any country's employment population.
It is time for the Mexican investment and white collar class to build their country into what it should be, a strong BRIC-esqe member of the global market community.
My feeling is more that the the answer is with Mexico, not our investment in Mexico.
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08-06-2010 09:41 AM |
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DrTorch
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RE: GM to Build New $500,000,000 Vehicle at Plant in Mexico
(08-06-2010 07:55 AM)Owl 69/70/75 Wrote: (08-06-2010 07:47 AM)Lord Stanley Wrote: (08-06-2010 07:37 AM)DrTorch Wrote: I think this is the gov't's response to the immigration issue.
Yeah, illegal immigration will go from 12,000,000 a year to 11,999,610 a year.
Ultimately, this is the ONLY solution. Although if it happens 390 at a pop, it's going to take a long time.
A vibrant Mexican economy--or a US economy in the tank--is the only way to ease the pressure to come here and make a better life. Which of those do you prefer?
I agree. That's why I don't oppose NAFTA.
I'd just rather see this done w/ private sector money, not public bailout money. The ROI presented here (from a US standpoint) is pretty poor.
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08-06-2010 09:50 AM |
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Owl 69/70/75
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RE: GM to Build New $500,000,000 Vehicle at Plant in Mexico
(08-06-2010 08:48 AM)sparkomemphis Wrote: (08-05-2010 10:10 PM)Owl 69/70/75 Wrote: $500 million plant to generate 390 jobs?
Sounds highly automated, maybe like that Ford plant in Brasil.
Is the Ford plat in Brazil. the one that the UAW would not allow Ford to build in the USA ?
I thin the reason was that the plant was so automated that there would not be
enough workers.
Yep, that one. There's a link to it from somewhere on this board, probably not more than a few thousand threads ago.
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08-06-2010 12:01 PM |
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Owl 69/70/75
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RE: GM to Build New $500,000,000 Vehicle at Plant in Mexico
One thing for sure. If you're spending $500 million to build a plant that will create 390 jobs, labor costs were NOT a significant factor in your plant location decision.
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08-06-2010 12:02 PM |
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RobertN
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RE: GM to Build New $500,000,000 Vehicle at Plant in Mexico
(08-06-2010 01:59 AM)Bull_In_Exile Wrote: (08-05-2010 10:00 PM)smn1256 Wrote: As part owner owner of GM, thanks to the bail out, I want to use my veto power. Why isn't the MSM/UAW all over this?
General Motors will invest $500 million to produce a new vehicle and eight-cylinder engines in a plant in northeastern Mexico, a company spokesman said on August 4.
The decision was announced at a meeting on August 3 between GM management and Mexican officials, the spokesman said, without giving details of the new vehicle.
The investment in the GM plant in Ramos Arispe, Coahuila state, would generate 390 jobs, he added.
General Motors has been present in Mexico since 1935, where it has some 11,000 workers, four factories, an engineering center and a test circuit.
http://industryweek.com/articles/gm_to_b...22462.aspx
Don't get me started.... My father, who worked at GM 25 years had all of his stock revoked when GM was bailed out. Of course the current union leaders are part owners, just screw the guys who already retired...
I thought that is what you righties were calling for? Get rid of pensions, etc Now that it happens to someone in your family NOW you ***** about how unfair it is? Please. Give me a break. Btw, iif they went through liquidation(which is what would have happened) your father would have lost everything anyway. At least now we have saved some American jobs.
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08-06-2010 12:24 PM |
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Bull_In_Exile
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RE: GM to Build New $500,000,000 Vehicle at Plant in Mexico
(08-06-2010 12:24 PM)RobertN Wrote: (08-06-2010 01:59 AM)Bull_In_Exile Wrote: (08-05-2010 10:00 PM)smn1256 Wrote: As part owner owner of GM, thanks to the bail out, I want to use my veto power. Why isn't the MSM/UAW all over this?
General Motors will invest $500 million to produce a new vehicle and eight-cylinder engines in a plant in northeastern Mexico, a company spokesman said on August 4.
The decision was announced at a meeting on August 3 between GM management and Mexican officials, the spokesman said, without giving details of the new vehicle.
The investment in the GM plant in Ramos Arispe, Coahuila state, would generate 390 jobs, he added.
General Motors has been present in Mexico since 1935, where it has some 11,000 workers, four factories, an engineering center and a test circuit.
http://industryweek.com/articles/gm_to_b...22462.aspx
Don't get me started.... My father, who worked at GM 25 years had all of his stock revoked when GM was bailed out. Of course the current union leaders are part owners, just screw the guys who already retired...
I thought that is what you righties were calling for? Get rid of pensions, etc Now that it happens to someone in your family NOW you ***** about how unfair it is? Please. Give me a break. Btw, iif they went through liquidation(which is what would have happened) your father would have lost everything anyway. At least now we have saved some American jobs.
Robert, ummm did I mention the pension anywhere in my post? Anywhere?
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08-06-2010 12:57 PM |
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RaiderATO
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RE: GM to Build New $500,000,000 Vehicle at Plant in Mexico
Robert. It didn't not "save" any jobs long-term. If there were a gap in the industry, other companies would have come in to fill it. 100 companies producing 1 million widgets employs more people than 1 company producing 1 million widgets.
Failure of a business (even a HUGE one) is good for the economy in the long run. Governmental ownership of once private companies is bad for the economy in the long run. It is textbook, AND real life.
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08-06-2010 06:30 PM |
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Hambone10
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RE: GM to Build New $500,000,000 Vehicle at Plant in Mexico
(08-06-2010 12:02 PM)Owl 69/70/75 Wrote: One thing for sure. If you're spending $500 million to build a plant that will create 390 jobs, labor costs were NOT a significant factor in your plant location decision.
Bingo. Other things come to mind. Taxes. Unions. I can't think of anything that those of us on the right. Not meaning politicians. But us. Haven't called for reducing/ eliminating
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08-06-2010 08:47 PM |
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