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Miles Archer

(18,837 posts) Sat Jun 23, 2018, 10:08 AM Jun 2018

Missouri nail manufacturer planning to lay off over 250 employees due to Trump steel tariffs

Missouri nail manufacturer planning to lay off over 250 employees due to Trump steel tariffs – and could close by Labor Day

According to MissouriNet, Mid Continent Nail Corporation in Poplar Bluff, which is the last major nail producer in the U.S. — has already laid off 60 temp workers and is making plans to lay off 200 permanent employees by the end on July in order to stay afloat. Should the business stay in a death spiral company officials warn they could close by Labor Day.

The report notes that Mid Continent is one of the largest employers in Butler County and eliminating the remaining 440 jobs, which pay an average of $12.50 an hour, would devastate one of the poorest counties in the state.

At issue is the fact that Mid Continent is owned by Mexico-based Deacero, which has been hit hard by a 25 percent tariff for importing steel to its own employees to turn into nails.

“Something would have to happen very fast, within days in order for us to know that things were going to improve. We’re hoping that this could get pushed through very quickly,” company spokesperson Elizabeth Heaton explained.

https://www.rawstory.com/2018/06/missouri-nail-manufacturer-planning-lay-off-250-employees-due-trump-steel-tariffs-close-labor-day/

14 replies

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Highlight:

Missouri nail manufacturer planning to lay off over 250 employees due to Trump steel tariffs (Original Post) Miles Archer Jun 2018 OP

Drumpf won Missouri by I think 19 points donkeypoofed Jun 2018 #1

Karma is a bitch...hope it was 250 trump supporters beachbum bob Jun 2018 #8

The failure of the Mexican-owned Nail Company, provides opportunity for the other 14 US firms. TheBlackAdder Jun 2018 #2

Missouri?? Gosh...wonder who most of them that work there voted for?? Bengus81 Jun 2018 #3

I wonder how many of them voted for him. Bleacher Creature Jun 2018 #4

Before Trump was elected. I was telling Republicans that Trump wanted a trade war, he wanted Doodley Jun 2018 #5

From the Executive VP for sales........... Bengus81 Jun 2018 #6

Womp Womp jpak Jun 2018 #7

A lot more jobs in many industries duforsure Jun 2018 #9

I'd like to see mad dog put up a billboard outside all these Squinch Jun 2018 #10

Those 200 will be working somewhere for almost 5.00 per hour LESS come August.... Bengus81 Jun 2018 #11

Butler County went 79% for the Con Bad Thoughts Jun 2018 #12

Poplar Bluff is a small city in Butler County in Southeast Missouri workinclasszero Jun 2018 #13

They can always head west to pick vegetables. I hear there's a migrant worker shortage. Vinca Jun 2018 #14

donkeypoofed

(2,187 posts)

1. Drumpf won Missouri by I think 19 points

Reply to Miles Archer (Original post)

Sat Jun 23, 2018, 10:16 AM

Jun 2018

So sorry to hear it but they brought it on themselves

beachbum bob

(10,437 posts)

8. Karma is a bitch...hope it was 250 trump supporters

Reply to donkeypoofed (Reply #1)

Sat Jun 23, 2018, 10:55 AM

Jun 2018

TheBlackAdder

(28,262 posts)

2. The failure of the Mexican-owned Nail Company, provides opportunity for the other 14 US firms.

Reply to Miles Archer (Original post)

Sat Jun 23, 2018, 10:16 AM

Jun 2018

.

I posted this before, but. . .

While it sucks to see these people hurt, the irony of a Mexican-owned nail manufacturer in Red America is something.

This movie scene from "High Plains Drifter" comes to mind. . .

Now, 60% of the US bread companies will fail if Trump decides to go after Gruppo Bimbo too!

.

Bengus81

(6,941 posts)

3. Missouri?? Gosh...wonder who most of them that work there voted for??

Reply to Miles Archer (Original post)

Sat Jun 23, 2018, 10:25 AM

Jun 2018

Couldn't have been Hillary with those ***GASP*** emails and the pizza joint porno ring.

Bleacher Creature

(11,258 posts)

4. I wonder how many of them voted for him.

Reply to Miles Archer (Original post)

Sat Jun 23, 2018, 10:26 AM

Jun 2018

It's not like any of this is a big surprise. But hey, at least bakeries can discriminate against same sex marriages again.

Doodley

(9,179 posts)

5. Before Trump was elected. I was telling Republicans that Trump wanted a trade war, he wanted

Reply to Miles Archer (Original post)

Sat Jun 23, 2018, 10:29 AM

Jun 2018

massive tax breaks for corporations that would increase borrowing and interest rates for ordinary folk and he wanted to remove 11 million (undocumented residents) consumers from the economy and that would trigger a recession. Two out of three are happening - and although it may take a little while as we are doing pretty good right now, it will still be devastating to the economy.

Bengus81

(6,941 posts)

6. From the Executive VP for sales...........

Reply to Miles Archer (Original post)

Sat Jun 23, 2018, 10:37 AM

Jun 2018

"Mid Continent, here in southeastern Missouri, is the last major U.S. nail manufacturer, but the 25 percent tariff on the wire we use to make our nails is pricing us out of the market,” said George Skarich, Mid Continent’s Executive Vice President for Sales. “Cheap nail imports from China and other countries don’t face this tariff and are increasing every day. We need our wire to be excluded from this tariff or we will have to increase the layoffs we’ve already begun. Mid Continent’s existence is threatened. As Senator McCaskill has helpfully pointed out time and time again, it makes no sense to use tariffs that help China and hurt American workers. Wasn’t the goal of these tariffs to Make America Great Again by bringing back good paying manufacturing jobs?”

Question.....you think if CLINTON was President you'd have to be making a Press statement like that about now?? But OMG...the emails!!! And as USUAL,when your ASS is in a bind,go looking for a Democrat to pull you out. Oh...and then pull a lever for ANOTHER Republican next election.

jpak

(41,761 posts)

7. Womp Womp

Reply to Miles Archer (Original post)

Sat Jun 23, 2018, 10:39 AM

Jun 2018

duforsure

(11,885 posts)

9. A lot more jobs in many industries

Reply to Miles Archer (Original post)

Sat Jun 23, 2018, 11:09 AM

Jun 2018

Will be gone because once again from stupid trump policy's that's harmful to this country , and its economy. Don't expect him ever to admit it when things start collapsing on us, and this country. Its coming and trump and the gop caused it.

Squinch

(51,096 posts)

10. I'd like to see mad dog put up a billboard outside all these

Reply to Miles Archer (Original post)

Sat Jun 23, 2018, 11:31 AM

Jun 2018

plants losing business to remind them that their candidate caused the layoffs.

Bengus81

(6,941 posts)

11. Those 200 will be working somewhere for almost 5.00 per hour LESS come August....

Reply to Miles Archer (Original post)

Sat Jun 23, 2018, 11:46 AM

Jun 2018

That would work out to about $822.70 per month LESS in income. But...they'll still have their GOP tax cut!!!

Bad Thoughts

(2,541 posts)

12. Butler County went 79% for the Con

Reply to Miles Archer (Original post)

Sat Jun 23, 2018, 12:18 PM

Jun 2018

They got what they wanted/

workinclasszero

(28,270 posts)

13. Poplar Bluff is a small city in Butler County in Southeast Missouri

Reply to Miles Archer (Original post)

Sat Jun 23, 2018, 12:33 PM

Jun 2018

Butler County 100% Reporting Republican - D. Trump 79.2%

Democratic - H. Clinton 17.6%

Enjoy your President ASSHOLES!!!!

https://www.politico.com/2016-election/results/map/president/missouri/

Vinca

(50,342 posts)

14. They can always head west to pick vegetables. I hear there's a migrant worker shortage.