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To: Nachum
There is no indication from this article this company shipped jobs oversees, just that it expanded oversees. Many companies for logistics reasons locate oversees for oversees operations. What creates Jobs is the ability to bring back profits without taxes so the capital can be invested in AMERICA!!! or does that make too much sense.
4 posted on 09/13/2011 2:37:21 PM PDT by 11th Commandment (http://www.thirty-thousand.org/)
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To: 11th Commandment

There is only ONE REASON to open up a facility OVERSEAS, specifically in Costa Rica...LABOR COST.

IF the US labor and tax climate was favorable to building out their current facility or opening a new site, “green field’ in another US location, then they would do it.

But, as we all know, the US labor and taxes, plus costs of compliance are outrageous, therefore they go to CR.

I have been involved with the exact same project. My old company scoped out a NEW facility in the USA vs. a NEW facility in CR. Guess where it went? The cost savings to having a CR facility was over $500Million per year; labor, utilities and even slightly higher shipping costs for raw materials there and finished goods back to the USA...


5 posted on 09/13/2011 3:45:06 PM PDT by GRRRRR (He'll NEVER be my President, FUBO! Treason is the Reason! Impeach the Kenyan)
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