Henry Vilas wrote:
Now that the election is over, the Oshkosh Corporation (formerly Oshkosh Trucks) announced a layoff of over 300 employees while they are building a $100 million dollar plant in Mexico. They also announced record profits.
They need to change their name again.
Where are you getting your info Henry? I'm reading $80 million
. It isn't a transfer of jobs to Mexico. This is a completely new business venture with completely new jobs supporting existing international production.
Those 300 layoffs were announced over a month ago btw and are specific to their defense division and could very well be rehired by next summer depending on how the competition to replace the Humvee goes
. I'm not sure how you hold Walker accountable for Defense spending, but overall Oshkosh Defense has laid off about 1000 workers over the last year. That's more a function of the defense industry and changing national policy than anything that can be controlled on a state level.
Something to note though, Wisconsin employees of the Oshkosh Corp are considerable more susceptible to Defense budget cuts as that and the Fire & Emergency Vehicle divisions are the only two of it's four divisions located in Wisconsin. It's commercial and access equipment divisions (which of course do better during times of economic growth) are headquartered in Minnesota and Pennsylvania respectively.