This has hit the Holland area real hard. Add this to the huge number of layoffs in the office furniture industry. But to say that if they don't move, they are going to be out of business? Please. A local economist did some research and concluded that the profit on a single roll of Lifesavers is staggering. Less than 5 cents of the total cost is for materials, labor, packaging, advertising, etc.- the rest is profit. This isn't about staying in business, it's about making more profits- and shafting American workers in the process. Needless to say, many here in the Holland area will no longer be buying Lifesavers products.
posted on 06/01/2002 4:41:42 PM PDT
Good old NAFTA strikes again!
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