It was a big thing during his presidential campaign when Trump went to Indiana with a happy Mike Pence to keep Carrier from moving to Mexico and, along with their getting some tax breaks, Carrier announced that Trump’s persuasiveness had got them to stay. It was loudly and repeatedly held up as something only the artiste of the deal could have pulled off
With his success with Carrier in this age of the promised return of companies from overseas, and with the promise that with the Republican tax break industries would be incentivized to treat their employees well, grow their companies here, and to have those companies, who had gone elsewhere, return, it came as a bit of a surprise that Philips Lighting would let its workers go and move production from Fall River, Massachusetts to Mexico.
Fall River, Massachusetts was a manufacturing center before manufacturing became less expensive elsewhere, especially overseas, when it went into a slump and an identity crisis. Its once imposing granite factory buildings stood abandoned for some time until the re-purposing began and they became apartment buildings and condos, office buildings, mini-malls and restaurant hubs.
The manufacturing heyday was long over and would not return.
The voters in that city usually favored the democratic candidate in presidential elections, but in 2016, although it did not go in the majority for Trump, it went more republican than it had previously because of the promise of bringing manufacturing jobs back.
There had been promises of instant action, ISIS gone in thirty days, Obamacare gone on the first day, and jobs also returning on day one. But time passed, and without the promised instantaneous actions, some began to wonder if they had made a mistake.
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Philips Lighting was doing well. It had just had $342 million in profits last year, and now almost 200 employees will be left behind while the shareholders will be getting $187.4 million in stock buybacks because of the tax cuts we were told would be great for workers.
The announcement that manufacturing jobs are moving to Monterrey, Mexico, while Research and Development is going to Canada, came in April as a surprise to the workers and the city,
People are not happy.
So, on May 12 there will be a rally to support the workers at the Philips Lighting company on Airport Road in Fall River sponsored by IBEW local 1499 starting at 9:00 a.m.
I encourage anyone who supports helping workers rather than using tax breaks for stock buybacks to be there.
Oh, and I almost forgot to mention – Carrier has been relocating its Indianapolis operations to Mexico, a move that when done will have taken three years and will affect about 1,400 jobs.