Posted on 12/22/2007 10:48:10 PM PST by nwrep
New York, NY (AHN) - The Boeing Company announced on Thursday that it has signed a $1 billion agreement with Hindustan Aeronautics Limited (HAL) of India as a part of manufacturing outsourcing contract.
According to the 10-year pact, HAL will manufacture sub-systems of Boeing's fighter planes including F-18 Super Hornets and Apache Helicopters.
Initially, Boeing will invest around $20 million annually to increase its manufacturing unit size and complexity along with business opportunities in the sub-continent.
The Memorandum of Understanding (MOU) was signed between Jim Albaugh, President of Boeing Integrated Defense System and Chairman Ashok K Baweja, the Indian defense Public Sector Undertaking of HAL.
The Chicago-based Boeing said in a statement on Thursday that it will provide Bangalore-based HAL with its technology to develop manufacturing processes for the production of the sub-systems or hardware for Boeing.
"The agreement represents an important step in our efforts to build solid long-term partnerships in India to make Boeing products more globally competitive, while allowing HAL to grow and expand its potential market around the world," Jim Albaugh said in a statement.
HAL has 18 production units and nine research and design centers in India with 32,000 staff members.
It would be foolish to say that customary safety standards are the same for India as the United States. All one has to do is look at a scaffolding installation to realize there are very different ideas about what constitutes an acceptable practice.
Union Carbide should have recognized that fact and realized that they could not expect the local operators to accept their procedures and implement them as a matter of course. In order to ensure the critical safety procedures were followed, Union Carbide would have had to have US trained managers on-site, with the authority to demand that the rules be followed. Apparently, this was not the case, and the breakdown of critical systems was the result.
No, but that was a good guess!
I don’t recall any government requirement for health insurance, life insurance, driving an auto, etc. Please do your homework...Americans are just not willing to live in conditions that others are willing to endure, and they expect their lifestyle to be subsidized by the consumer.
That's part of capitalism. Note also, CEO isn't equal to "owners"...stock owners are often idiots in their voting.
Most productive Americans do not live nor do they want to live like those working in third world countries and the cost of living is not even comparable.
Agreed. Most Americans want other people to live in those conditions to make goods cheaply so they can maintain their standard of living as it is. Unfortunately for some Americans, these other people want to improve their lot, and do so by offering their labor at a rate they are willing to work. This is called the market rate.
As long as there are people willing to work at that rate, then it's crazy for any consumer around the world to pay Americans more unless they get correspondingly more in return.
Who is going to buy these products made by cheap wages?
Those few who are the owners or who are clever and gain an advantage in the marketplace.
Don't think that I'm happy at the situation. I would rather America kept taxes and government burdens low, our work ethic, education, and innovation high.
Ugh! Such waste!
spoken like someone who doesn't read :-)
[lots of info that supports my points snipped]
anytime i hear some globalist going on about how we need to have free trade and import labor and offshore jobs.. because these are jobs Americans do not want to do... it just pisses me off. it’s a spit in the face of true Americans that have no problem rolling up their sleeves to get the job done.
willing to do it at the same rates as the others? no.
all America would have to do to resolve these issues would be to:
1) heavily fine any organization employing illegals (it is the law after all)
2) add tariffs to imported goods which would allow Americans to compete
So...now that you've raised the costs of American goods far above those of any other country...who will buy them? Also, see #41 for one example of another problem.
Nobody said that it’s the same.But the company has a big role in deciding how & what safety procedures are in place & whether the staff are trained for it.Anywhere in the world.
Like the ousted head of the Wall Street firm who wrote off $8 billion due to subprime-backed securities, who got to walk off with a bonus of $160 million (more than most surgeons will make in their lifetime of productive service?
And don't forget the wonderful examples of corporate genius like Carly Fiorina, who practically drove H-P into the ground and was given, what, something like $20-$30 million as a reward?
American business today, in many ways, is just plain stupid. There is no other way to describe this madness. Failure at the CEO level is rewarded with payouts that most working stiffs won't see a thousandth of in their entire lifetimes. Meanwhile, loyalty, hard work, productivity, and honestly at the non-corporate officer level is punished by layoffs and outsourcing. It is truly a world gone mad.
I'd get fired for costing my company $50,000...
Heck, most people will get the gate for a lot less. Most get the gate for doing nothing more than their jobs, which happen to pay more than Sanjeeb Boobaleeboo in Bangalore.
I didn’t know Boeing had a customer service desk.
Dave Bowman: Yes, I'd like to hear it, HAL. Sing it for me.
HAL: It's called "Daisy."
[sings while slowing down]
HAL: Daisy, Daisy, give me your answer do. I'm half crazy all for the love of you. It won't be a stylish marriage, I can't afford a carriage. But you'll look sweet upon the seat of a bicycle built for two.
Man! You're so 1980s, a real Reaganesque worldview there, thinking about things like national security, and the economic well-being of the country and it's people. That's soooooo 1980s.
Get with it, man. This is the New Era, globalism and "free trade" and profits above all. Can't concern ourselves with things like national security, secure borders, the shrinking middle class, especially if it gets in the way of bigger profits for companies. Why, don't you know, that trumps everything else. It's all "free trade", social Darwinism, greed, make your own and the Devil take the hindmost, and money, money, money. And if you can't "compete", well, screw ya, it's your own fault.
(BTW, in case it wasn't obvious, /sarc)
The Indian worker was employed by Union Carbide. In the end it is still UCs responsibility. What skewed idiotic logic is that that would put the blame on tIndia and not on UC?
Screwed up!
I am in the IT industry and we have a saying. If you pay peanuts, you get monkeys. Maybe you need to tell your companies to hire Americans to do your IT jobs. You ll get charged a bomb and yes you ll get better code. But what is the criticality of the IT project in the first place? Theres no point in spending a fortune to buy a BMW if all you will use it for is to take a terrible road on which you cant drive faster than 30 miles/hr.
sure.. so long as it's legal. ahhh... the sticky point. you see, those illegals are working under the table... no taxes, no workman's comp, no insurances, nada. that definitely makes a difference.
So...now that you've raised the costs of American goods far above those of any other country...who will buy them?
oh no.. look out.. its the globalist boogieman!
prices may go up as more jobs are brought into the US... but guess what. so will salaries. don't forget the side benefit of improved product quality.
and btw, as you keep pushing jobs out of the country, who do you think will be left to buy the products being shipped in? when wages here 'normalize' with wages in the 3rd world, you will see just as many products being bought here as are being bought over there today. iow, barely any.
i have heard globalists going on like they know something... funny how none of them have ever actually done manual labor for a living. never produced anything. they usually fall back on how the US is turning into a 'service economy'... i find it so laughable when they go there.
a service economy has no real ties to the local area. it's fleeting and fickle. if the main employer in an area wants out, he just has to pull up stakes, which would be just a rented office building, and go to some other country. guess what? then you are out of a job. and all those finance types that think they are irreplaceable... sorry to inform you but its already begun.
these multi-national corporations are treating the US as the 5% market we are... and want to use it as a launching pad onto the global market stage, at which point the US will be discarded like a dry husk. they see 95% of the world's population as if it behaves like the US. it isn't. i have never seen the stats, but i would be very surprised if the world's population making over $35,000 would exceed 20%
so... as far as i am concerned... anyone helping to further these goals is actually working to the detriment of my country... which starts to get into the grey area of treason.
(at this point he'll go into a rant about isolationism...)
international trade does not mean free trade. free trade is just another word for no-cost importing of goods formerly produced in the US. tariffs are a good thing, but only for small US businesses and the American worker. globalists look at tariffs as restricting their ability to compete on some imaginary world stage. (find me the country or countries that are net importers of US goods... go ahead...)
Once average Americans can’t afford jackshit, the world will be a much better place!
My company has an entire team of Amercian programmers who do nothing but clean up the foreign code. Now, they could just dump the Bangalore staff and get it done right the first time, but some little pissant manager built his paper empire on outsourcing, so he can’t admit he’s actually costing the company money.
Yes, you got that right. We are outsourcing the manufacturing of weapons systems and fighter aircraft.
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