Thread Number: 74696
/ Tag: Modern Automatic Washers
Electrolux halts $250 million Tennessee project after steel and aluminum tariff announcement |
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Post# 985076   3/3/2018 at 10:32 (2,217 days old) by Dylanmitchell (Southern California)   |   | |
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Electrolux is one of many companies reacting to the tariffs, 25 percent on steel and 10 percent on aluminum. Combined with tariffs on washing machines we're going to see some pretty expensive appliances. What's going to happen is US steel and aluminum manufacturers will raise prices and the cost will be passed on the consumers. Price increases may be moderate but the problem is Trump undermining an entire system of global trade, which the United States helped build.
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Post# 985077 , Reply# 1   3/3/2018 at 10:43 (2,217 days old) by Johnb300m (Chicago)   |   | |
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Post# 985190 , Reply# 4   3/4/2018 at 03:04 (2,216 days old) by askolover (South of Nash Vegas, TN)   |   | |
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But you can sedate it!
My daddy worked for Reynolds Aluminum in Sheffield, Alabama for 30 years. When the plant was being sold to Alcoa, they offered the older hands early retirement packages. He took his and ran....at 55 years old with full benefits. He was so happy to retire from there. I remember several times he got cut at work and had to have stitches, once he got burned on h is arm from a hot coil of aluminum. When I was little, a man fell into one of the furnaces....he crawled out and was airlifted to Birmingham only to die there. It used to scare me knowing daddy worked in a place like that! That plant later became Wise metals and now is part of Constellium of the Netherlands. |
Post# 985194 , Reply# 5   3/4/2018 at 04:22 (2,216 days old) by Frigilux (The Minnesota Prairie)   |   | |
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Post# 985217 , Reply# 7   3/4/2018 at 08:49 (2,216 days old) by panthera (Rocky Mountains)   |   | |
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