If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
Bad News about Cross
I thought this would be posted here already. If it has been, I
apologize. I have been out of circulation for awhile, and this time it had nothing to do with vacation, work or coasters. Anyway, Cross is eliminating 80 manufacturing jobs in Rhode Island and 80 non-manufacturing jobs worldwide. They say they are moving some production "offshore" but will maintain their high levels of quality. The company generated a small profit this quarter, as opposed to a loss a year ago. First Parker, then quite a few jobs at Sheaffer, now Cross. I don't really know what to say. Dang computers? Dang NAFTA? Dang 'progress?' Confirmation? It's true. Go to Google, select news, and type in "Cross Rhode Island." You will get all the confirmation you want. Sad. Real Sad. john cline ii, who has always had a fond spot in his heart for the high quality workmanship Cross has always had... |
Ads |
#2
|
|||
|
|||
john cline ii wrote:
I thought this would be posted here already. If it has been, I apologize. I have been out of circulation for awhile, and this time it had nothing to do with vacation, work or coasters. Anyway, Cross is eliminating 80 manufacturing jobs in Rhode Island and 80 non-manufacturing jobs worldwide. They say they are moving some production "offshore" but will maintain their high levels of quality. The company generated a small profit this quarter, as opposed to a loss a year ago. First Parker, then quite a few jobs at Sheaffer, now Cross. Local TV news, and after all I'm less than 20 miles from Providence, so its had heavy coverage, says more like 100 jobs will be cut out of a Cross RI work force of about 725. Of course thats TV news. No idea how correct it is. Sad, but when one considers how huge Cross is and how much of their production is now from foreign sources its hard to see how jobs havent been cut sooner. In fact I think their work force has grown or at least remained the same since 20 years ago when every single item they sold was made in RI. Frank |
#3
|
|||
|
|||
"john cline ii" wrote in message .. .
I thought this would be posted here already. If it has been, I apologize. I have been out of circulation for awhile, and this time it had nothing to do with vacation, work or coasters. Anyway, Cross is eliminating 80 manufacturing jobs in Rhode Island and 80 non-manufacturing jobs worldwide. They say they are moving some production "offshore" but will maintain their high levels of quality. The company generated a small profit this quarter, as opposed to a loss a year ago. First Parker, then quite a few jobs at Sheaffer, now Cross. I don't really know what to say. Dang computers? Dang NAFTA? Dang 'progress?' Confirmation? It's true. Go to Google, select news, and type in "Cross Rhode Island." You will get all the confirmation you want. Sad. Real Sad. john cline ii, who has always had a fond spot in his heart for the high quality workmanship Cross has always had... John The problem herein is the company's need to cut cost in order to be competitive. It can be outsourcing manufacturing capability out of the USA while not having to pay workers union wages and benefits. That is what Parker pen did in 1999 when it moved its Janesville, WI plant to Newhaven, England. The disadvantage of this move is that penlovers will end up paying more for their pen products as new pens sent back to the US will have custom duties tacked upon them and they will cost more than they did when the companies had their plants in the USA. Many retailers are cutting back on selling pens as the profit margin is being squeezed by sellers such as Staples, Office Max, Office Depot and other discounters. We do not like to pay retail for something and we are always looking to get a good buy. Questions in the future a what will discounters do when the cost of newly imported pens is higher than what they used to pay? A word of advice to the wise, start buying what you need, Cross pens before they disappear from the local retail market and wind up as costly foreign imports. Cross pen lovers can still indulge their needs by going to ebay to snag what they can. One more question for the Bush White House. What kind of pen will they use as a bill signer nowt hat Cross will be moving out of RI their manufacturing capability? Will the White House be content with using black government pens made by an organization for the blind as bill signers and to sign treaties? Jim |
#4
|
|||
|
|||
One more question for the Bush White House. What kind of pen will they use as a bill signer nowt hat Cross will be moving out of RI their manufacturing capability? Dealing with the White House? Hmmm... Send them one made in TX with lone stars, cattle heads, and cactus pads in fine silver overlayed on "live oak" leafed engraved sterling - rattlesnake clip...with a pecan shaped black opal crown etched "GOP" or just "W"? One could not expect payment of course...I don't believe any White House pays. ;-( |
#5
|
|||
|
|||
Joe Smith needs some better stuff. He should get a German coffepot and a
straight razor made in soligen germany. His shirt should either be made in the USA or England and his jeans, well he shouldn't wear jeans. He should get some slacks, once again, made in USA or England. He should either throw out the tennis shoes and get some italian made wingtips or get New Balance made in USA tennis shoes. His calculator should be made in Taiwan by Texas Instru. He wouldn't have to set his watch if it were swiss or german. And his TV should be japanese. The rest of the stuff is fine as it is. Richard "R" NoSpam@NoJunk@NoGarbage@No**** wrote in message ... Joe Smith started the day early having set his alarm Clock (MADE IN JAPAN) for 6 a.m. While his coffeepot (MADE IN CHINA) was perking he shaved with his electric razor (MADE IN HONG KONG). He put on a dress shirt (MADE IN SRI LANKA), designer jeans (MADE IN SINGAPORE) and tennis shoes (MADE IN KOREA). After cooking his breakfast in his new electric skillet (MADE IN INDIA), he sat down with his calculator (MADE IN MEXICO) to see how much he could spend today. After setting his watch (MADE IN TAIWAN) to the radio (MADE IN INDIA), he got in his car (MADE IN GERMANY) and continued his search for a good paying CANADIAN JOB. At the end of yet another discouraging and fruitless day, Joe decided to relax for a while. He put on his sandals (MADE IN BRAZIL) and poured himself a glass of wine (MADE IN FRANCE) and turned on his TV (MADE IN INDONESIA), and then wondered why he can't find a good paying job in....USA/CANADA R "John F. Nixon" wrote in message ... On 25 Jul 2003 09:18:09 -0700, (James Goodwin) wrote: The problem herein is the company's need to cut cost in order to be competitive. It can be outsourcing manufacturing capability out of the USA while not having to pay workers union wages and benefits. "To be competitive" means "can offer the product at a lower price" in this context. However... That is what Parker pen did in 1999 when it moved its Janesville, WI plant to Newhaven, England. The disadvantage of this move is that penlovers will end up paying more for their pen products as new pens sent back to the US will have custom duties tacked upon them and they will cost more than they did when the companies had their plants in the USA. Surely something is wrong with this analysis. Any public company, such as Cross, that failed to account for import duties when attempting to lower costs by exporting manufacturing operations, and had sales affected as a result, would be sued to within an inch of its corporate life, and rightly so. Perhaps the US sales decrease was more than made up for by overseas sales increases (EU trade would be tariff free for pens made in the EU, for example)? -- regards, Fred The behavior of any bureaucratic organization can best be understood by assuming that it is controlled by a secret cabal of its enemies. Robert Conquest's Third Law |
#7
|
|||
|
|||
A small issue. The larger one is that our entire manufacturing capability
as a nation is slowly but surely moving to China. One day we'll be broke as a nation with nothing to sell to anybody. China will have all the jobs and all the money. Then who knows where they will move manufacturing. Fred Pen Domain http://www.pendomain.com "john cline ii" wrote in message ... I thought this would be posted here already. If it has been, I apologize. I have been out of circulation for awhile, and this time it had nothing to do with vacation, work or coasters. Anyway, Cross is eliminating 80 manufacturing jobs in Rhode Island and 80 non-manufacturing jobs worldwide. They say they are moving some production "offshore" but will maintain their high levels of quality. The company generated a small profit this quarter, as opposed to a loss a year ago. First Parker, then quite a few jobs at Sheaffer, now Cross. I don't really know what to say. Dang computers? Dang NAFTA? Dang 'progress?' Confirmation? It's true. Go to Google, select news, and type in "Cross Rhode Island." You will get all the confirmation you want. Sad. Real Sad. john cline ii, who has always had a fond spot in his heart for the high quality workmanship Cross has always had... |
#8
|
|||
|
|||
In article ,
"Fred" wrote: A small issue. The larger one is that our entire manufacturing capability as a nation is slowly but surely moving to China. One day we'll be broke as a nation with nothing to sell to anybody. China will have all the jobs and all the money. Then who knows where they will move manufacturing. Pittsburgh. |
#9
|
|||
|
|||
I live in RI... Newport.
It's a sure-fire sign that a company's management is overcompensated and undercompetent when they move manufacturing overseas. Yamaha makes their motorcycles in the US, as does Mercedes their midsisze sedans. US workers, unionized, overpaid and over-entitled and all, tend to be far more productive than any other workforce... they earn their wage, be it world's highest or not. Companies who "offshore" production or R&D are simply companies on the ropes, who's management is more inclined to be pennywise and pound-foolish in order to justify their multi-million dollar salaries. Serious. Chevy and Ford both build thier "American" cars overseas, and they both come far short of the mark set by Toyota's Kentucky plant, nevermind Saturn (the one GM subsidiary done right, and done entirely on US soil.) Total costs for off-shore manufacturing are higher per product, even though they appear to be lower per hour, so Nike's sweat-shops aren't saving them a blessed bit of money in the long term, but golly, $1.45 in labor costs sure looks swell on the balance sheet... nevermind warranty defaults and recalls and poor time-to-market turnarounds. Bah. Cross deserves what it gets... bankruptcy in two years. This is despite a commanding position in Office Max and Staples and any stationary store you care to point at. Executive overhead, not labor overhead, is what is killing US competitiveness. ~ Matt Gabriel, the Mad Poet of Newprt "john cline ii" wrote in message .. . I thought this would be posted here already. If it has been, I apologize. I have been out of circulation for awhile, and this time it had nothing to do with vacation, work or coasters. Anyway, Cross is eliminating 80 manufacturing jobs in Rhode Island and 80 non-manufacturing jobs worldwide. They say they are moving some production "offshore" but will maintain their high levels of quality. The company generated a small profit this quarter, as opposed to a loss a year ago. First Parker, then quite a few jobs at Sheaffer, now Cross. I don't really know what to say. Dang computers? Dang NAFTA? Dang 'progress?' Confirmation? It's true. Go to Google, select news, and type in "Cross Rhode Island." You will get all the confirmation you want. Sad. Real Sad. john cline ii, who has always had a fond spot in his heart for the high quality workmanship Cross has always had... |
#10
|
|||
|
|||
You're just discovering "world economics"? Manufacturing jobs have
been leaving the US for years now. The trend will continue; there's no going back. |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
SUCCESSES & EXCITING NEWS!!! | Celebrity Direct Entertainment - Cord G. Coslor | Autographs | 0 | November 13th 04 09:01 PM |
News Group Dying? | Tarkus Shadow | Autographs | 4 | August 13th 04 04:44 AM |
Seeburg Transistor cross ref/specs? | Geezer | Juke Boxes | 3 | September 3rd 03 08:59 AM |
(NEWS) Jazz Master Benny Carter Dies at 95 | Eric | Autographs | 0 | July 14th 03 01:51 PM |