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Machinist News Network Oldest Manufacturer & Chinese Threat by FranticHarbor
GoIAM.org - More than 200 years ago the legendary Paul Revere created what is now the oldest manufacturing company in the United States, Revere Copper.Now, like so many other manufacturing companies in the United States, Revere Copper finds itself threatened by China's blatant currency manipulation and unfair trade practices.The company just announced it will be closing its New Bedford, Mass. copper plate and sheet mill leaving 85 dedicated workers without a job.When asked by Manufacturing and Technology News what Paul Revere would say if he was making his midnight ride tonight the head of the company emphatically said "The Chinese are coming!"Revere Copper produces copper and brass products used in numerous applications by many different companies.But since 2000, Manufacturing and Technology News reports about 30 percent of the manufacturing plants they supplied have either closed down or moved production offshore.For the employees at Revere Copper and those at so many other manufacturing plants throughout the country who have lost their jobs, in large part because of China's exploitation of cheap labor, the time is long overdue for the Bush administration and lawmakers to take action to halt China's unfair trade practices. GoIAM.org
