Per the recent Fox report, “About 100 production employees at the company’s Dubuque, Iowa, plant will also be impacted.”
The move comes amid “rising operational costs and declining market demand,” a company statement said.
The Fox article noted that employees will be offered Supplemental Unemployment Benefit (SUB), profit-sharing options, and health benefits.
“Earlier this month, Deere announced it is moving the manufacturing of skid steer loaders and compact track loaders from its Dubuque facility to Mexico by the end of 2026,” the report said.
The company’s statement read in part:
The move is expected to be completed during the 2024 fiscal year. The number of employees affected will depend on where the business is with respect to production volumes, employee attrition over the next two years, and new product program needs.
We estimate that approximately 250 production employees could be impacted, but anticipate attrition and the tight job market will mitigate that impact.
“A multinational corporation like Deere sees Mexico as pretty attractive for a cheap labor source: they can import steel cheaper there and bring it across the border and sell it to the majority of their market in the US,” Laursen said
“It’s a sign of the times, perpetuating what’s been going on with the loss of manufacturing here in America, good union jobs and otherwise,” he added.
14 Comments
Moving U.S. businesses out of the U.S. should be outlawed. DemoRats/Leftists/Foreigners won’t be happy until the U.S. has been reduced to a 3rd world shit hole. I hope no other country will allow the DemoRats/Leftists/Foreigners into their countries to ruin them too.
Even as we speak, this country has been over run with foreign rapists and murderers and parasites. Our land is being bought up by China and they are growing crops of dope. Idaho had it’s water shut off.
I thank God I never had children. I don’t want them to have to grow up/ live in this hellscape.
More and more companies are moving to Mexico, mostly vehicle companies, leaving so many Americans jobless. More and more immigrants are moving into America. We are no longer America or the United States of America We are becoming a hellhole like California and Chicago as well as New York City, Long Island, Manhattan, the Bronx, Queens and more. Then there is the threat of China taking full control of America. We are nearly outnumbered by outsiders now. Time for us to get the Hell out of America and make our own America elsewhere.
Go ahead and leave. This isn’t an airport, and you need not announce your departure. I will stay and fight to get America righted back onto its feet and return to as much of its tradition as possible.
Here we go again.Under Communist/Democrat reign,America shrinks to a Blue City cesspool.All good American companies can’t afford to do their business in America,
I think they can afford to do business in America. They just can’t compete with American and foreign businesses who have their factories in Communist Red China, Mexico, and other places where there is cheap labor.
710 more American workers put on the unemployment line due to the Democratic policies that drive big business out of the country. Lets throw more taxes at big corporation to make up for it and drive the rest out of the nation as well. It doesn’t matter now that 710 more people will not be paying income tax, more sales taxes, being happier, it doesn’t matter that the secondary markets that supported them will be severely affected as well, probalby going out of business and adding to the loss of income taxes, as well as adding to the unemployment rolls. Why do the Democrats do this, simply for more voter control! Up comes an election and they say a vote for Republicans is a vote for big business and they make money off your sweat. Well guess what, that’s sweat is called work and you get paid for it appropriately. You then pay income taxes and contriubute to your local society, making everyone happy. Have you ever seen a happy Democratic politician?
Biteme administration doing all they can to destroy our economy before they are dumped at the ballot box!
Companies contemplating moving might do well to put on hold any such plans until late November.
How much longer before we can declare “open season” on demrats?
John Deere is making a huge mistake.
They will loose market share, furthering their decline.
It is the greedy unions that are ruining American companies.
For Deere to make that move in a time when moving tooling out of our borders is very poor management. Even if a customer would prefer a JD they would purchase another brand to not deal with Mexico!
Unions are an issue, but companies are fighting unions and federal mandates and regulations. Now inflation caused by democratic spending is hurting not only corporations but the people. Employees are blaming greedy companies for layoffs closures and moving to Mexico. And yet , so many companies are struggling. Is it really greedy companies. You who vote for democrats are the real problem. Get rid of all democrats and then set your sights on the rinos. This needs to be done at every level of district, city , county state and county.
Just another sign of losers.