Author Topic: Foxconn may build $7B plant in U.S.  (Read 3878 times)

0 Members and 1 Guest are viewing this topic.

Offline cdev

  • Super Contributor
  • ***
  • Posts: 5082
  • Country: 00
Re: Foxconn may build $7B plant in U.S.
« Reply #25 on: July 27, 2017, 11:16:04 pm »
Things have changed, a lot. Although we're given the impression that it is, this may not be illegal, because the business relationship between them and their employer may be considered to be protected under Mode Four of the WTO GATS agreement. Assuming that individual workers are only in the country temporarily. (with no real definition as to how long that may be.) 

Additionally, the offshorability of US service jobs is likely to be very high too.

http://voxeu.org/article/twenty-five-percent-us-jobs-are-offshorable

A slightly more recent Harvard replication study looking at Alan Blinder's work concluded that he was likely conservative in his estimates. They concluded that 41% of US jobs were offshorable.

It seems that they may well have quietly committed in little known but binding deals to let businesses from overseas open up shop here and use their own employees.

By the way it appears that BVD is hiring plant workers. I think Blueskull probably nailed exactly what's going on.

China has 1.5 billion people which is five times the size of the US, in a country thats about the same physical size, so they have an awful lot of engineers too.

This is a complicated situation with no easy answers. The best thing America could do is buckle down and educate our young people to be the best and the brightest in the world even if it cuts into the defense budget. Right now we spend more than the entire rest of the world combined on defense.

On the path we're on, we're going to become a nation of unhealthy, uneducated, unemployable, increasingly broken people with nuclear weapons. We have to smarten up. Taxes should completely pay for the education of all of our best students, at least.

Nobody should be bankrupted by health care costs.

Quote from: schmitt trigger on Yesterday at 20:07:30>The Chinese auto manufacturer BYD did invest on a factory to build electric transit buses for LA and Long Beach.
The factory of course, is located in Lancaster, a city close to Los Angeles.

However, according to NPR, the factory was promptly fined by the California Labor Commissioner's office. The plant in Lancaster, which has yet to open, is under investigation for paying workers below minimum wage. The workers were "imported" from China.

« Last Edit: July 27, 2017, 11:30:38 pm by cdev »
"What the large print giveth, the small print taketh away."
 

Offline Electro Detective

  • Super Contributor
  • ***
  • Posts: 2151
  • Country: au
Re: Foxconn may build $7B plant in U.S.
« Reply #26 on: July 28, 2017, 08:57:46 am »
Someone must be cashing in on the apparent chaos and imminent 'harder times coming' over there,

any ideas who?
 

Offline Fungus

  • Super Contributor
  • ***
  • Posts: 10102
  • Country: 00
Re: Foxconn may build $7B plant in U.S.
« Reply #27 on: July 28, 2017, 09:28:59 am »
Update to the article in the previous post, today's major CNN headline:

http://money.cnn.com/2017/07/26/technology/business/foxconn-wisconsin/index.html

Is this really necessarily a good thing? Will these Wisconsin jobs be low wage menial labour assembly type jobs where the plant is going to be unable to remain competitive anyways due to the higher cost of production, possible unionization and labour laws?

You think they're going to create any jobs? The only factories that could realistically be built in the USA are factories full of robots.

Nah, all these companies suddenly announcing new onshore factories are just aiming for some big tax breaks from the orange idiot who's temporarily running the country.

There'll be some (subsidized) construction jobs while it's being built, sure. After that? Nada. Blame the Democrats for all the job losses four years from now.

 

Offline cdev

  • Super Contributor
  • ***
  • Posts: 5082
  • Country: 00
Re: Foxconn may build $7B plant in U.S.
« Reply #28 on: July 28, 2017, 12:42:27 pm »
Any job / service involving subsidies may have to be put up for international bidding.  (procurement) So then it may go to the lowest bidding firm. Could be from some place with v. low wages.
 :palm:
Or yes, heavily automated.
 :scared:
"What the large print giveth, the small print taketh away."
 

Offline schmitt trigger

  • Super Contributor
  • ***
  • Posts: 1364
  • Country: mx
Re: Foxconn may build $7B plant in U.S.
« Reply #29 on: July 28, 2017, 06:25:35 pm »
Ive heard hundreds of stories of communities making all these concessions and then a company bailing after a few years anyway.


That is exactly what happened to the small city where I live.
A large, all-American corporation, wanted to bust its Union on their main facility in the Rustbelt.
They gained a lot of city and state concessions, and this being a right-to-work state, did not allow the new facility to unionize.

Long story short, after two, perhaps three years, with the Union up north defeated. They simply. Bailed. Out.
Just like that.
 

Offline mtdoc

  • Super Contributor
  • ***
  • Posts: 3581
  • Country: us
Re: Foxconn may build $7B plant in U.S.
« Reply #30 on: July 28, 2017, 06:45:37 pm »
Smoke and mirrors. 

It's no coincidence this is supposed to happen in Wisconsin.  Anti-Union Scott Walker up for re-election in 2018 as is Paul Ryan. Plant not to be built until 2020.... 

Look at Foxconn's track record.   Politicians and their mythical to-be-built-in-the-future manufacturing facilities (coincidentely usually announced in important states before critical elections..).  ::)
 

Offline Scrts

  • Frequent Contributor
  • **
  • Posts: 592
  • Country: lt
Re: Foxconn may build $7B plant in U.S.
« Reply #31 on: July 28, 2017, 08:12:22 pm »
I may be wrong, but I think H1-B is for recently graduated students and L-1 visas would be used for intra-corporate workers.  So its a different program with totally different rules.

H1B can be extended to 10 years, and on average, green card by employment (EB3) needs 5 years to obtain, therefore for foreign workers, H1B->EB3 is the easiest and most practiced way.

L1 means you are in a significant position of an international company, for example, Lenovo can send its high level management team from China to US on L1 visa. For most engineer level (not making enough influence to be a management) employees, L1 is not possible.

This is not true. I am a regular engineer in a company on L1 (B) visa.
 

Offline cdev

  • Super Contributor
  • ***
  • Posts: 5082
  • Country: 00
Re: Foxconn may build $7B plant in U.S.
« Reply #32 on: July 28, 2017, 08:26:08 pm »
It may vary quite a bit from country to country. I think that is part of India's argument.

So you both may be right.
"What the large print giveth, the small print taketh away."
 


Share me

Digg  Facebook  SlashDot  Delicious  Technorati  Twitter  Google  Yahoo
Smf