A storage safe manufacturer is reportedly planning to shut down two Illinois factories and move to Mexico in response to President Trump’s tariffs on Chinese metal imports.
Stack-On Products will close its two Chicago-area plants in October and lay off 153 people, according to the Chicago Tribune.
Al Fletcher, human resources director for the manufacturer’s Las Vegas–based parent company, told the newspaper that the company decided to relocate the operations to Mexico after Trump announced tariffs on steel and aluminum, as well as other products, from China.
“The operation is really not profitable,” Fletcher said. “Mr. Trump is part of this.”
Stack-On has operated in Chicago — its only two U.S. plants — for four decades, according to the Tribune, which added that the company already has factories in Mexico and China.
Fletcher told the newspapers that some of the employees will be given the option to relocated to El Paso, Texas, across the border from its Stack-On factory.
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Illinois manufacturer says it's closing factories, moving to Mexico over Trump tariffs https://t.co/w4CbekIi8o pic.twitter.com/quWt0lJRVK
— The Hill (@thehill) August 15, 2018
And I thought this trade was was going to bring back jobs.
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