Sumitomo just closed their Buffalo factory

I'm not a union guy by any means, but could you imagine paying union dues for 25yrs, only to have this happen they way it happened.
I could imagine it in fact.

I come from a city where there are countless smaller business that get passed over when a casino is built. 10000 union worker sit at home, collecting benefits for 3-4 years before a new casino is demolished and rebuilt. That city is Las Vegas.

It does suck for the workers, but math is math.

I wish I grew up in a generation where one could work a 9-5 for 20 years retire with pension, and get another job for 20 years and do the same thing, and at 60 years old, be set for life. But those days are long gone.

The truth always has its day. The cost of lies always collects its fee.

Unless i am misunderstanding the situation, the place closed its doors due to costs, lest they would still be open, in a nutshell.
 
I wish I grew up in a generation where one could work a 9-5 for 20 years retire with pension, and get another job for 20 years and do the same thing, and at 60 years old, be set for life. But those days are long gone.

We call those guys, S1 or S4 :ROFLMAO:
 
It's 8.875 in the city
If you're profitability is that fragile, you weren't in good business anyway 🙄

I feel for the workers though 🙁

Factories usually have state or local tax breaks. The article vaguely mentioned those.

In Nova Scotia we have 15% sales tax, we also have a federal carbon tax, but Michelin operates a profitable plant there partly due to those incentives.
 
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You got that right. Money does not grow on trees ,like some blue faced morons would think.

You cant pay a worthless POS $100 bucks an hour push a button.
I wouldn't be so rude. It is not the fault of the worker if the job is so simple.

The human civilization nature is any unskilled work will eventually be automated to reduce cost. It would be good for the society if there is competition so the top of the society is not the only one getting benefits from it, but the consumers at the bottom after all of the benefits are commoditized. We all want to be paid a high salary to work stress free jobs but in the end we also want to eat affordable steaks drive reliable cars and live in comfortable homes.

I have no problem with unions, they are doing what they do for their members, but they also are in competition with automation and companies going out of businesses because there is no money to be made. Restaurant waiters making 25% tips are in the same boat. They can demand that if the market pays for it, and they can also find another job if restaurants with waiters go out of businesses and are replaced by self service fast casual restaurants with no tips.
 
I wouldn't be so rude.
Truth is not always nice. I could have said it in a nicer way, but that would be a partial lie, and I am not into lying.
It is not the fault of the worker if the job is so simple.
Absurd. Has nothing to do with the wage that is earned from pushing a button. It is because of union negotiation, and hiring requirements of the county and or state, that the wages are high. There is much more to it than:

"Some guy shows up and asks for a job" and they say sure, "we'll pay you 100$ an hour to push a button, even though in a year, it will make no economic sense to have you as an employee, and we will have to move elsewhere"

So no, it is not the fault of the worker, it is the fault of the union, who provides the worker, who can only push a button.

It would be good for the society if there is competition
I have no problem with unions,
These two statements do not match. Unions are not necessarily known for competition. Unions are anti free market. Rationally, you get one or the other, but not both.
 
Truth is not always nice. I could have said it in a nicer way, but that would be a partial lie, and I am not into lying.

Absurd. Has nothing to do with the wage that is earned from pushing a button. It is because of union negotiation, and hiring requirements of the county and or state, that the wages are high. There is much more to it than:

"Some guy shows up and asks for a job" and they say sure, "we'll pay you 100$ an hour to push a button, even though in a year, it will make no economic sense to have you as an employee, and we will have to move elsewhere"

So no, it is not the fault of the worker, it is the fault of the union, who provides the worker, who can only push a button.



These two statements do not match. Unions are not necessarily known for competition. Unions are anti free market. Rationally, you get one or the other, but not both.
It is the management's job to make things work the best they could, or decide to not work with a certain product if it makes no business sense.

The same can be said for anything whether it is union, cartel, trade tariff, OPEC, government, security clearance, etc. You can't always choose what you work with but IMO if both you and your competitors are doing the same thing with the same playing field, and your competitors get it working, it is your job to get it working as well.

They can design the machine to work without a button pusher, they can design a line that requires 1/2 as many $100 workers, and they can close the plant and open somewhere else without union, and they can close a plant and move it somewhere without tariff. The union and its members decide whether they want all or nothing. Boeing's strike ending much quicker when the company may decide to shutdown a plant because they are about to go bankrupt is a good example. Neither side is stupid, they know how to negotiate.
 
It is the management's job to make things work the best they could, or decide to not work with a certain product if it makes no business sense.
I respect what you are saying, but it is clear that you dont know much about how a business of this size operates, or the constraints that unions put of companies like this.

Boeing is a different scenario, much more complicated as it is highly subsidized company by our government. Whole different ballgame there. If they were not an super essential business to our country, it is likely they would have gone out of business a long time ago.
 
How about getting your house in order and looking for another job instead of standing outside complaining?

https://spectrumlocalnews.com/nys/buffalo/news/2024/11/11/former-sumitomo-employees-protest-closure

'After we beat you into submission and you take your toys and go home, why didn't you come beg to us for help'

Right, like the union is going to give up employees or wages to make the company profitable. Give me a break.

https://www.wkbw.com/news/local-new...ised-to-met-with-sumitomo-about-plant-closing
 
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