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By Kiely (registered) | Posted February 11, 2012 at 14:16:24
Caterpillar doesn't want this plant and never did. The wage "issue" is a red herring they can use to close it down. In reality when you are building this type of equipment the workers' wages are a remarkably small fraction of the actual cost of manufacturing and delivery.
Some "journalists" from our major papers should do some actual investigating into the planned destruction of the North American manufacturing economy rather than just reprinting corporate press releases and discussing the issue in the context created by said press releases. And who knows, while they're at it maybe they'll also find the reason Stelco will never produce steel again.
Permalink | Context