These three U.S. companies moved jobs to Mexico. Here’s why

12/19/2016 Los Angeles Times
drawing bar chartBrake Parts Inc. had manufactured brake calipers at a factory in the Central Valley community of Chowchilla for nearly 30 years, but a company executive said pressure was growing to reduce costs as competitors moved their factory work to Mexico.

About a year ago, employees got the bad news: Operations were moving to a facility in Nuevo Laredo, Mexico. By the time the factory closed in August, about 280 Brake Parts workers had lost their jobs.

President-elect Donald Trump has strongly criticized such job losses and has threatened “consequences” for companies that ship factory work out of the country — among those, possible tariffs on bringing goods back into the U.S.

He vowed never to eat Oreos again after Mondelez International Inc. announced it was moving some production to Mexico.

Read more… 

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