New Yorkistan is OPEN for Business!!! NO, - IT IS NOT!!! Dunlop Tire (Sumitomo) bails out; takes 1,550 jobs out of NY.

[VietnamEraVet]

Yet one more example of New Yorkistan's insanity forcing another employer to leave. A real shame for the locals, but hey, - I'm sure Beaver Patch Hochul and Jumbo James will save the day, - NOT!

https://www.wivb.com/news/local-news/erie-county/tonawanda/sumitomo-rubber-announces-plant-closure/

 

[CNYJohn]

Haha
Union workers fukked by the assholes they politically support.
How fitting.
Fuk them

 

[kev74]

 

[C3D]

 

[SonOfSun]

The tire maker went on say that it will seek to improve profitability by overhauling local production systems to mitigate, among other factors, the risks of tariffs and freight shipping costs.


An early Christmas present to America from Donald Trump.

 

[Robin]

I know NYS is a member of the Republic in name only, what with all the unconstitutional laws and the ignoring of Supreme court decisions, but even still, companies operating within the borders New York state do not have to pay tariff to ship to other states.
Robin

 

[OwnTheRide]

I know NYS is a member of the Republic in name only, what with all the unconstitutional laws and the ignoring of Supreme court decisions, but even still, companies operating within the borders New York state do not have to pay tariff to ship to other states.
Robin

Right, but their raw materials likely come from China...

 

[Robin]

Rubber? more likely India ,Thailand, Vietnam or Indonesia.
Robin

 

[Koz]

Horcall and the rest of the Albany asshats haven't done one single thing that is pro business. Nothing. Ever.
Small businesses survive in NYS because of a solid business plan, hard work, perseverance, smart management, luck and the ability to get back up when gubment beats you down. Never because of Albany, but despite Albany! All of this from our elected politicians that supposedly work for us.

 

[SonOfSun]

Most natural rubber comes from Thailand and Indonesia and surrounding areas. The USA produces no natural rubber, the trees don't grow here.

There are no domestic competitors producing raw natural rubber for use in manufacturing. Tarrifs on a resource we don't produce seems pretty stupid. All it does is put US manufacturers who use that as a raw material at a competitive disadvantage. If tire makers in other parts of the world can get the raw materials tarrif free and we can't... well... the outcome is pretty obvious.

 

[Saltwater60]

The tire maker went on say that it will seek to improve profitability by overhauling local production systems to mitigate, among other factors, the risks of tariffs and freight shipping costs.


An early Christmas present to America from Donald Trump.

This was in the works prior to Trump being elected and the Biden camp did increase tariffs too.

 

[SonOfSun]

This was in the works prior to Trump being elected and the Biden camp did increase tariffs too.

There are no domestic competitors producing raw natural rubber for use in manufacturing. Tarrifs on a resource we don't produce seems pretty stupid.

 

[FRANKIE]

View attachment 249432

The center one is new to me.
I love it.

 

[Cooolone]

Definitely cheaper to make them overseas and ship here, like many other tire brands! Check your tire place of origin, the information is available to everyone. Don't be so shocked when you realize your tire isn't made here... Lol

They'll reopen somewhere down south... Bet ya some dollars or donuts!

 

[Zerex]

Would a child understand algebra or Trig? Not a chance.........economic issues are like understanding chess for a 7 year old girl, still playing with dolls of color.

When KFC prices go up, they definitely notice.

The various NYS Authority's ripping off 15 billion+ a year for the DNC, is the only number they understand.

Saddam would be proud, of our versions of Uday and Kusay.

 

[OwnTheRide]

Rubber? more likely India ,Thailand, Vietnam or Indonesia.
Robin

"Not domestically" (and therefore subject to potential tariffs) was the point.