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Old 02-17-2012, 07:52 AM
 
Location: The 12th State
22,974 posts, read 58,596,356 times
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Rato, a Chinese manufacturing company, is going to build their North American offices in Denver, North Carolina. The announcement means some 40 high-paying executive level jobs will be coming to Lincoln County.

read more http://www.wcnc.com/news/local/Chine...139446623.html
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Old 02-21-2012, 05:55 AM
 
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The key is that they build the manufacturing facility in Lincoln County. That would be really good for economy on this side of the lake.
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Old 02-21-2012, 07:35 AM
 
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Originally Posted by browngeo View Post
The key is that they build the manufacturing facility in Lincoln County. That would be really good for economy on this side of the lake.
Quote:
Though there was no formal announcement about the manufacturing plant here, the Governor's office is hoping Rato will decide to open one in the near future.
There is no way a Chinese company transfers manufacturing here, unless the import taxes to products manufactured outside USA will raise considerably (unfortunately no chance of this happening in the near future).
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Old 10-16-2012, 06:44 AM
 
Location: The 12th State
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Thumbs up RATO Power is bringing 450 jobs to Lincoln County (Denver)

Chongqing RATO Power Company will invest $30 million and add 450 jobs within four years by building a new plant and distribution center in Lincoln County. The company's products include all-terrain vehicles, generators and water pumps.

I did a thread in February on this company is locating its head quarters in Denver nc.
--> Chinese manufacturer RATO Power Co, bringing headquarters, distribution & plant to Denver NC

The distribution center will be where Denver Global Products. Rato Power acquired DGP.
I can assume the plant will also be in Denver probably off od Hwy 16.
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Old 10-16-2012, 07:16 AM
 
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Originally Posted by 28173 View Post
There is no way a Chinese company transfers manufacturing here, unless the import taxes to products manufactured outside USA will raise considerably (unfortunately no chance of this happening in the near future).
There is a Chinese refrigerator manufacturing plant in Camden, SC.

The Haier America Industrial Park - Camden, South Carolina | Haier America
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Old 10-16-2012, 08:33 AM
 
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Originally Posted by frewroad View Post
There is a Chinese refrigerator manufacturing plant in Camden, SC.

The Haier America Industrial Park - Camden, South Carolina | Haier America
Always one can find exceptions to the rule...

Most of the time these Chinese companies would have a final assembly plant here so they can label the product "made in USA". Especially since South American (Mexico included) countries have very high import taxes for Chinese made products.

But make no mistake rarely there are any USA made components as part of the assembly. Many companies are just bolting some parts together (or what ever is minimum requirement for its industry) to be able to slap a "made in USA" label.

Last edited by 28173; 10-16-2012 at 10:00 AM..
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Old 10-16-2012, 09:56 AM
 
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I am glad to see them outsourcing to us. They don't have to worry about unions and such in this part of the country. That is a plus for everyone and brings foreign industry and business.
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Old 10-16-2012, 10:02 AM
 
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Originally Posted by bindibadji View Post
I am glad to see them outsourcing to us. They don't have to worry about unions and such in this part of the country. That is a plus for everyone and brings foreign industry and business.
Agree, our right to work rule makes it very attractive to most companies to open shop in Carolinas. Let's hope we don't change that in the future.
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Old 10-16-2012, 10:13 AM
 
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Originally Posted by 28173 View Post
Agree, our right to work rule makes it very attractive to most companies to open shop in Carolinas. Let's hope we don't change that in the future.
The Obama administration sued Boeing to prevent them from opening the 2nd 787 Dreamliner factory in South Carolina because there is no union there. These sorts of moves are a death blow to new industry opening in the Carolinas.
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Old 10-16-2012, 10:49 AM
 
2,104 posts, read 3,586,218 times
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The Obama administration sued Boeing to prevent them from opening the 2nd 787 Dreamliner factory in South Carolina because there is no union there. These sorts of moves are a death blow to new industry opening in the Carolinas.
Gotta shake our heads when we see where our hard earned money go into...

Battery builder A123 Systems that won $249 million federal grant files for bankruptcy | Motoramic - Yahoo! Autos

Cannot wait to see tonight's debate.
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